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  6. Q-Cells AG Acquires Growing Energy Labs

M&A Deal Summary

Q-Cells AG Acquires Growing Energy Labs

On August 6, 2020, Q-Cells AG acquired software company Growing Energy Labs

Acquisition Highlights
  • This is Q-Cells AG’s 1st transaction in the Software sector.
  • This is Q-Cells AG’s 1st transaction in the United States.
  • This is Q-Cells AG’s 1st transaction in California.

M&A Deal Summary
Date 2020-08-06
Target Growing Energy Labs
Sector Software
Buyer(s) Q-Cells AG
Deal Type Add-on Acquisition

Target

Growing Energy Labs

San Francisco, California, United States
Growing Energy Labs, Inc. end-to-end software platform streamlines the energy storage development process, offering the industry’s leading solution for design, automation, and management of Battery Energy Storage Systems (BESS). Growing Energy Labs is based in San Francisco, California.

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Buyer(S) 1

Buyer

Q-Cells AG

Bitterfeld-Wolfen, Germany
Category Company
Founded 1999
Sector Consumer Products
DESCRIPTION

Developer and manufacturer of high-efficiency solar cells.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1
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