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  6. REC Solar Acquires Stellar Distribution

M&A Deal Summary

REC Solar Acquires Stellar Distribution

On June 17, 2015, REC Solar acquired distribution company Stellar Distribution

Acquisition Highlights
  • This is REC Solar’s 1st transaction in the Distribution sector.
  • This is REC Solar’s 1st transaction in the United States.
  • This is REC Solar’s 1st transaction in California.

M&A Deal Summary
Date 2015-06-17
Target Stellar Distribution
Sector Distribution
Buyer(s) REC Solar
Deal Type Add-on Acquisition

Target

Stellar Distribution

Rohnert Park, California, United States
Stellar Distribution LLC (Stellar Energy) is a pure-play solar distributor, supplying over 5,000 solar installers with equipment, financing, and software they need to accelerate the adoption of solar while making their businesses more competitive and profitable.

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Buyer(S) 1

Buyer

REC Solar

San Luis Obispo, California, United States
Category Company
Founded 1997
Sector Renewable Energy
DESCRIPTION

REC Solar is a provider of residential solar electric system design and installation with a local presence in all major solar markets in the U.S. By providing innovative products, efficient processes and integrated services, REC Solar’s residential solar solutions deliver high-quality systems while lowering the cost of solar power for all. REC Solar was founded in 1997 and is based in San Luis Obispo, California.

DEAL STATS #
Overall 1 of 1
Sector: Distribution 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: 2015 M&A 1 of 1
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