Pineapple Energy LLC Merges with Communications Systems, Inc.; Forms Pineapple Holdings, Inc.

Pineapple Energy Acquires SUNation Energy

November 9, 2022

Energy

Pineapple Energy Inc. acquired SUNation Energy, a Long Island-based solar and battery storage installer, in a transaction that closed on November 9, 2022. The deal expands Pineapple's footprint into the northeastern United States, adding SUNation's ~19-year regional business, ~12,000 serviced PV systems and ~$48 million of trailing twelve-month revenue to Pineapple's nationwide solar and storage platform.

Fiserv Acquires Pineapple Payments from PSG

March 31, 2021

Payments & Fintech

Fiserv has signed a definitive agreement to acquire Pineapple Payments, a Pittsburgh-based payments technology provider, from growth equity firm PSG. The deal will bring Pineapple into Fiserv's Global Business Solutions division (Partner Solutions unit) to expand Fiserv's delivery of omni-channel payment solutions and broaden distribution to ISVs and SMB merchants; the transaction is expected to close in Q2 2021.

Pineapple Payments Acquires 1st Payment Systems

January 15, 2021

Payments & Fintech

Pineapple Payments, a Pittsburgh-based payments technology company, acquired Roswell, Georgia-based 1st Payment Systems to expand its direct sales reach and deepen partnerships with associations and Integrated Software Vendors (ISVs). The deal brings 1st Payment's vertical-focused sales capabilities into Pineapple's Transax platform to pursue more ISV and association channel growth; terms were not disclosed.

Sound Growth Partners and Everside Capital Partners Majority Recapitalize Sunny Communications

September 24, 2024

Telecommunications

Sound Growth Partners, with capital from Everside Capital Partners, completed a majority recapitalization of Sunny Communications, LLC, a Lakewood, Colorado-based provider of refurbished land mobile radio equipment, repair services, and rentals. The transaction provides liquidity to founders Dave and Tracy Sungelo while supporting Sunny's continued growth as a key supplier to first responders and municipalities.

ECP (Energy Capital Partners) Acquires Pivot Energy

June 2, 2021

Renewable Energy

ECP (Energy Capital Partners) has acquired Pivot Energy, a national commercial and community solar developer, in a transaction that closed on June 1, 2021. The deal gives Pivot increased access to capital to accelerate project development, expand product offerings, and transition toward aggregating and managing recurring, cash-flowing solar and storage assets.

TPG Acquires Peppertree Capital Management

July 2, 2025

Infrastructure

TPG Inc. has completed its acquisition of Peppertree Capital Management, adding a $7.8 billion communications infrastructure investing strategy that will operate as TPG Peppertree. The business will be led by Peppertree's Co-Managing Partners Howard Mandel and Ryan Lepene and expands TPG's footprint in digital infrastructure, bringing pro forma AUM to $258 billion.