M&A Deal Summary

Oaktree Capital Management Acquires Solarrus

On January 20, 2016, asset manager Oaktree Capital Management acquired renewable energy company Solarrus

Acquisition Highlights
  • This is Oaktree Capital Management’s 2nd transaction in the Renewable Energy sector.
  • This is Oaktree Capital Management’s 46th transaction in the United States.
  • This is Oaktree Capital Management’s 11th transaction in California.

M&A Deal Summary
Date 2016-01-20
Target Solarrus
Sector Renewable Energy
Buyer(s) Oaktree Capital Management
Deal Type Buyout (LBO, MBO, MBI)

Target

Solarrus

Huntington Beach, California, United States
Solarrus Corp. is dedicated to developing, maintaining, and operating infrastructure that supports alternative energy technologies. It provides services to the solar, electric vehicle and energy storage markets in North America.

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Buyer(S) 1

Buyer

Oaktree Capital Management

Investor Investor Investor Investor Investor

Category Asset Manager
Founded 1995
Size Mega
Type Sector Agnostic
DESCRIPTION

Oaktree Capital Management LLP is a global alternative investment firm with a variety of investment strategies spanning corporate debt, convertible securities, distressed debt, control investing, real estate, and public investing. The Firm's control investing group is spread across several disciplines, including Global Principal, European Principal, Power, and Infrastructure. Oaktree was formed in 1995 and is based in Los Angeles.

DEAL STATS #
Overall 66 of 108
Sector (Renewable Energy) 2 of 3
Type (Buyout (LBO, MBO, MBI)) 30 of 37
State (California) 11 of 16
Country (United States) 46 of 71
Year (2016) 1 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-14 Countryside Partnerships

Brentwood, United Kingdom

Countryside Partnerships is a provider of private and affordable homes on greenfield and brownfield sites through partnerships with landowners, local authorities, and registered providers. Countryside Partnerships was incorporated in 1958 and is based in Brentwood, United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-01 Veritext

Costa Mesa, California, United States

Veritext is a pre-trial deposition services provider in the United States, offering end-to-end services for law firms and corporate clients. Veritext connects its clients to its network of independent court contractors, including court reporters, videographers, and interpreters, to help administer more depositions per year than any other provider. Veritext was founded in 1997 and is based in Costa Mesa, California.

Sell -
Mergr

Product

Company

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