M&A Deal Summary

Renovate America Acquires CakeSystems

On August 3, 2016, Renovate America acquired software company CakeSystems from Earth Advantage

Acquisition Highlights
  • This is Renovate America’s 1st transaction in the Software sector.
  • This is Renovate America’s 1st transaction in the United States.
  • This is Renovate America’s 1st transaction in Oregon.

M&A Deal Summary

Date 2016-08-03
Target CakeSystems
Sector Software
Buyer(s) Renovate America
Sellers(s) Earth Advantage
Deal Type Divestiture

Target

CakeSystems

Portland, Oregon, United States
CakeSystems is a software provider for home energy modeling.

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Buyer(S) 1

Buyer

Renovate America

San Diego, California, United States

Category Company
Sector Financial Services
DESCRIPTION

Renovate America is a provider of residential property assessed clean energy financing for home energy efficiency improvements. Renovate America is based in San Diego, California.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Oregon M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1

Seller(S) 1

SELLER

Earth Advantage

Portland, Oregon, United States

Category Company
Sector Business Services
DESCRIPTION

Earth Advantage is a provider of professionals and information to consumers through certification, research, education, and product development to move the building industry towards more sustainable practices.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Oregon M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1