M&A Deal Summary

Pearce Renewables Acquires MFG Energy Services

On August 2, 2022, Pearce Renewables acquired business services company MFG Energy Services from Molded Fiber Glass

Acquisition Highlights
  • This is Pearce Renewables’ 1st transaction in the Business Services sector.
  • This is Pearce Renewables’ 3rd transaction in the United States.
  • This is Pearce Renewables’ 1st transaction in Texas.

M&A Deal Summary

Date 2022-08-02
Target MFG Energy Services
Sector Business Services
Buyer(s) Pearce Renewables
Sellers(s) Molded Fiber Glass
Deal Type Divestiture

Target

MFG Energy Services

Gainesville, Texas, United States
MFG Energy Services is a provider of composite repair, engineering, maintenance, and inspection services for wind turbine components. MFG Energy Services was founded in 2007 and is based in Gainesville, Texas.

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Buyer(S) 1

Buyer

Pearce Renewables

Paso Robles, California, United States

Category Company
Sector Renewable Energy
DESCRIPTION

Pearce Renewables is a national provider of operations and maintenance services for mission-critical renewable energy infrastructure. The company safely services its Wind, Solar, EV Charging, and Energy Storage infrastructure customers around the clock. With nationwide coverage, Pearce Renewables can deploy its highly trained technicians quickly and efficiently to provide unmatched response times, quality, and consistent service for distributed mission-critical assets.


DEAL STATS #
Overall 3 of 3
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
State: Texas M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-16 Mountain Renewables

Tehachapi, California, United States

Mountain Renewables is a national provider of technical field services for wind energy and utility-scale solar. Mountain Renewables utilizes data-driven insights throughout the project lifecycle to deliver optimal outage management. Mountain Renewables is based in Tehachapi, California.

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Seller(S) 1

SELLER

Molded Fiber Glass

Ashtabula, Ohio, United States

Category Company
Sector Plastics
DESCRIPTION

Molded Fiber Glass is a manufacturer of plastic products. Molded Fiber Glass is based in Ashtabula, Ohio.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1