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M&A Deal Summary

Sungevity Acquires E-Gear

On September 20, 2018, Sungevity acquired renewable energy company E-Gear

Acquisition Highlights
  • This is Sungevity’s 1st transaction in the Renewable Energy sector.
  • This is Sungevity’s 2nd transaction in the United States.

M&A Deal Summary
Date 2018-09-20
Target E-Gear
Sector Renewable Energy
Buyer(s) Sungevity
Deal Type Add-on Acquisition

Target

E-Gear

United States
E-Gear LLC is a renewable energy innovation company offering proprietary patented and patent pending edge-of-grid energy management and storage solutions that offer intelligent real-time adaptive control, flexibility, visibility, predictability and support to energy consumers, energy service companies (ESCOs) and Utilities.

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Buyer(S) 1

Buyer

Sungevity

Oakland, California, United States
Category Company
Founded 2007
Sector Renewable Energy
DESCRIPTION

Sungevity is a solar company focused on the residential market providing customers with 20-year leases. Sungevity is committed to providing homeowners and businesses across the nation with smart, simple and clean, solar energy solutions supported by best-in-class technology and customer experience. Sungevity was founded in 2007 and is based in Oakland, California.

DEAL STATS #
Overall 2 of 2
Sector: Renewable Energy M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: United States M&A 2 of 2
Year: 2018 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-20 Hawaii Energy Connection

Aiea, Hawaii, United States

Hawaii Energy Connection offers the incredibly popular KumuKit packages, uniquely engineered to achieve peak energy production, maximize available tax credits, and ultimately shrink your electric bill. KumuKit packages are complete and always include installation.

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