Investment Summary

Mars Equity Partners Invests In NewGen Energy

On December 21, 2022, private equity firm Mars Equity Partners invested in renewable energy company NewGen Energy

Investment Highlights
  • This is Mars Equity Partners’ 1st transaction in the Renewable Energy sector.
  • This is Mars Equity Partners’ 2nd transaction in the United States.
  • This is Mars Equity Partners’ 1st transaction in California.

Investment Summary

Date 2022-12-21
Target NewGen Energy
Sector Renewable Energy
Investor(s) Mars Equity Partners
Deal Type Growth Capital
Advisor(s) Generational Equity LLC (Financial)

Target

NewGen Energy

Loomis, California, United States
NewGen Energy is an alternative energy system provider specializes in various alternative energy systems such as solar PV, energy storage, and backup power solutions for the agricultural sectors, commercial, industrial, as well as homeowners. NewGen Energy is based in Loomis, California.

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Investor(S) 1

DESCRIPTION

Mars Equity Partners is a private equity firm focused on acquiring majority positions of growing businesses across the US. The Firm seeks companies with revenue between $5 and $100 million operating in industries with high fragmentation, major barriers to entry, recurring revenue, and repeat customers. Mars Equity Partners is based in Fremont, California.


DEAL STATS #
Overall 2 of 3
Sector (Renewable Energy) 1 of 2
Type (Growth Capital) 1 of 1
State (California) 1 of 2
Country (United States) 2 of 3
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-02 ACI Asphalt & Concrete

Maple Grove, Minnesota, United States

ACI Asphalt & Concrete is a provider of asphalt and concrete maintenance/repair services to commercial clients. ACI Asphalt & Concrete is a contractor and preferred paving company for some of the world's largest retailers and commercial companies. ACI Asphalt & Concrete was founded in 1993 and is based in Maple Grove, Minnesota.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-13 K12 Energy

El Dorado Hills, California, United States

K12 Energy is a provider of proprietary, low-cost, renewable energy solutions and also offers energy finance solution for solar energy projects. K12 Energy is based in El Dorado Hills, California.

Buy -