Add-on Acquisition • Energy Services and Equipment

OpTerra Energy Services Acquires Bluestone Energy Services

On March 17, 2011, OpTerra Energy Services acquired energy services and equipment company Bluestone Energy Services

Acquisition Context
  • This is OpTerra Energy Services’ 2nd transaction in the Energy Services and Equipment sector.
  • This is OpTerra Energy Services’ 2nd transaction in the United States.
  • This is OpTerra Energy Services’ 1st transaction in Massachusetts.

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M&A Deal Summary

Date March 17, 2011
Target Bluestone Energy Services
Sector Energy Services and Equipment
Buyer(s) OpTerra Energy Services
Deal Type Add-on Acquisition
Advisor(s) Bowen (Financial)

Target Company

Bluestone Energy Services

Norwell, Massachusetts, United States
Bluestone Energy Services has provided professional engineering and project development services for commercial and institutional clients. Bluestone is a leader in energy efficiency and demand-side management programs for large commercial customers and has developed and implemented hundreds of lighting, HVAC, mechanical and controls-enabled energy conservation projects.
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Buyer Overview 1

Buyer

OpTerra Energy Services

Oakland, California, United States

Category Company
Founded 2010
Sector Energy Services and Equipment
DESCRIPTION

OpTerra Energy Services is an energy company that works with education, local government, commercial, industrial, and institutional organizations to implement efficiency and sustainable energy solutions that save money, enhance safety, improve assets, and protect the environment. OpTerra Energy Services was formed in 2010 and is based in Oakland, California.


Deal Context for Buyer #
Overall 2 of 2
Sector: Energy Services and Equipment 2 of 2
Type: Add-on Acquisition 2 of 2
State: Massachusetts 1 of 1
Country: United States 2 of 2
Year: 2011 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-02 Energy Control

Albuquerque, New Mexico, United States

ECI is an energy service company (ESCO) and building automation/control systems integrator providing energy engineering and building control services in New Mexico, California, Florida and surrounding markets. ECI's services include design, specification and engineering of energy efficiency, renewable energy, building automation, demand response, smart grid, security, and systems integration solutions.

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