M&A Deal Summary

GPB Capital Acquires Erus Energy

On September 15, 2016, asset manager GPB Capital acquired renewable energy company Erus Energy

Acquisition Highlights
  • This is GPB Capital’s 1st transaction in the Renewable Energy sector.
  • This is GPB Capital’s 3rd transaction in the United States.
  • This is GPB Capital’s 1st transaction in Arizona.

M&A Deal Summary
Date 2016-09-15
Target Erus Energy
Sector Renewable Energy
Buyer(s) GPB Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Erus Energy

Phoenix, Arizona, United States
Erus Energy is a developer and installer of residential and commercial solar energy systems and solutions. The Company has a fully integrated offering including sales, financing, installation, and O&M services with operations from coast to coast. With over 11 years of service, an A+ rating, and over 7,000 clients, Erus Energy has become one of the most respected brands in the solar industry with operations from Arizona to the Carolina's.

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Buyer(S) 1

Buyer

GPB Capital

Investor

Category Asset Manager
Founded 2013
PE ASSETS 1.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION

GPB Capital is an asset management firm focused on acquiring income-producing private companies. Sectors of interest include automotive, retail, technology enabled services, waste management, and healthcare. GPB Capital was established in 2013 and is headquartered in New York City.

DEAL STATS #
Overall 3 of 11
Sector (Renewable Energy) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 1 of 7
State (Arizona) 1 of 1
Country (United States) 3 of 11
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-01 Alliance

Grand Rapids, Michigan, United States

Alliance is a national physical therapy operator offering outpatient physical therapy across a network of 90+ clinics in 14 states. Alliance offers virtual physical therapy, a workplace therapy solution, in-hospital services, and a comprehensive electronic medical record platform. Alliance was founded in 2017 and is headquartered in Grand Rapids, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-17 Kenny Ross Automotive Group

Irwin, Pennsylvania, United States

Kenny Ross Automotive Group which operates 10 automotive dealerships in the Pittsburgh metropolitan area. The company provides new and used cars, parts and accessories, car maintenance and repair services, and financing services. It supplies cars of Chevrolet, Cadillac, Ford, Mazda, Nissan, Toyota, and Subaru brands.

Buy -
Mergr

Product

Company

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