M&A Deal Summary

Omnidian Acquires PV Pros - Commercial Solar O&M Business

On January 3, 2020, Omnidian acquired renewable energy company PV Pros - Commercial Solar O&M Business from PV Pros

Acquisition Highlights
  • This is Omnidian’s 1st transaction in the Renewable Energy sector.
  • This is Omnidian’s 1st transaction in the United States.
  • This is Omnidian’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2020-01-03
Target PV Pros - Commercial Solar O&M Business
Sector Renewable Energy
Buyer(s) Omnidian
Sellers(s) PV Pros
Deal Type Divestiture

Target

PV Pros - Commercial Solar O&M Business

New Jersey, United States
PV Pros, Inc.'s Commercial Solar O&M Business is a provider of commercial solar operations and maintenance.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Omnidian

Seattle, Washington, United States

Category Company
Founded 2015
Sector Renewable Energy
DESCRIPTION

Omnidian is a rooftop solar asset servicer and issuer of residential and commercial solar performance assurance plans. The Company’s technology platform ingests data from internet-connected solar modules, uses machine learning to drive anomaly detection and remote system diagnostics, dispatches local contractors from its national network of approved field servicers to resolve issues, and provides performance assurance guarantees to asset owners. Omnidian was founded in 2015 and is based in Seattle, Washington.


DEAL STATS #
Overall 1 of 1
Sector (Renewable Energy) 1 of 1
Type (Divestiture) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1

Seller(S) 1

SELLER

PV Pros

Hoboken, New Jersey, United States

Category Company
Founded 2011
Sector Renewable Energy
DESCRIPTION

PV Pros, Inc. provides independent engineering services for owners, investors, & financiers of solar and storage systems. The company manages the customer's technical needs while focusing on the financial aspects of development, acquisition, and ownership. It ensures risks are identified and managed throughout development, construction, and operation. PV Pros was formed in 2011 and is based in Hoboken, New Jersey.


DEAL STATS #
Overall 1 of 1
Sector (Renewable Energy) 1 of 1
Type (Divestiture) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1