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  6. PHG Energy Acquires ARiES Energy

M&A Deal Summary

PHG Energy Acquires ARiES Energy

On September 11, 2015, PHG Energy acquired energy services and equipment company ARiES Energy

Acquisition Highlights
  • This is PHG Energy’s 1st transaction in the Energy Services and Equipment sector.
  • This is PHG Energy’s 1st transaction in the United States.
  • This is PHG Energy’s 1st transaction in Tennessee.

M&A Deal Summary
Date 2015-09-11
Target ARiES Energy
Sector Energy Services and Equipment
Buyer(s) PHG Energy
Deal Type Add-on Acquisition

Target

ARiES Energy

Knoxville, Tennessee, United States
ARiES Energy LLC is a solar, lighting and energy efficiency company has successfully provided solar photovoltaic, LED lighting, power conditioning and energy efficiency systems for commercial businesses, residences and municipalities in the Southeast.

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Buyer(S) 1

Buyer

PHG Energy

Nashville, Tennessee, United States
Category Company
Founded 2010
Sector Energy Services and Equipment
DESCRIPTION

PHG Energy LLC is a manufactures and installs industrial-grade gasification equipment that cleanly converts biomass waste into a fuel gas that can be used like natural gas to produce thermal or electrical power.

DEAL STATS #
Overall 1 of 1
Sector: Energy Services and Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Tennessee M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1
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