Buyout (LBO, MBO, MBI) • Renewable Energy

Lynx Equity Acquires Solar by Esmay

On October 30, 2024, private equity firm Lynx Equity acquired renewable energy company Solar by Esmay

Acquisition Context
  • This is Lynx Equity’s 1st transaction in the Renewable Energy sector.
  • This is Lynx Equity’s 13th transaction in the United States.
  • This is Lynx Equity’s 2nd transaction in Arizona.

Explore All 279 Buyout (LBO, MBO, MBI) Renewable Energy Deals - Search the Database Free


M&A Deal Summary

Date October 30, 2024
Target Solar by Esmay
Sector Renewable Energy
Buyer(s) Lynx Equity
Deal Type Buyout (LBO, MBO, MBI)

Target Company

Solar by Esmay

Lake Havasu City, Arizona, United States
Solar by Esmay provides solar energy system design and installation services for residential and commercial customers, focusing on custom photovoltaic and battery storage solutions that help properties reduce energy costs and increase energy independence. The Company handles project planning, permitting, installation, and maintenance using high-efficiency solar technologies from brands like Enphase, Tesla, and Maxeon, and serves clients primarily. Solar by Esmay was founded in 1979 and is based in Lake Havasu City, Arizona.
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Buyer Overview 1

Buyer

Lynx Equity

Toronto, Ontario, Canada

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2007
Size Small
Type Sector Agnostic
DESCRIPTION

Lynx Equity Limited is a Canadian private equity firm focused on acquiring small, profitable business with $1 to $5 million of EBITDA. The Firm does not have any sector preferences and will consider opportunities throughout North America. Lynx Equity Limited was formed in 2007 and is based in Toronto.


Deal Context for Buyer #
Overall 62 of 65
Sector: Renewable Energy 1 of 1
Type: Buyout (LBO, MBO, MBI) 62 of 65
State: Arizona 2 of 2
Country: United States 13 of 14
Year: 2024 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-10 Merlan Scientific

Mississauga, Ontario, Canada

Merlan Scientific is an independent distributor of engineering, science, and technology products to high schools, colleges, universities, and other educational institutions across Canada. Merlan Scientific was founded in 1970 and is based in Mississauga, Ontario.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-03-04 Formwise Washrooms

Wellingborough, United Kingdom

Formwise Washrooms designs, manufactures, supplies and installs washroom systems such as toilet cubicles, shower cubicles, duct panelling, vanity units, lockers and changing-room benches for commercial and institutional projects. The Company works with architects, contractors and facility managers to deliver washroom solutions tailored to a range of environments from schools and retail to industrial and leisure facilities. Formwise Washrooms was founded in 1992 and is based in Wellingborough, United Kingdom.

Buy -