Hometree Acquires GeoWarmth Heat Pumps and The Little Green Energy Company

April 20, 2024

Hometree has acquired two regional renewable installers, GeoWarmth Heat Pumps and The Little Green Energy Company, supported by a new debt facility provided by funds and accounts managed by BlackRock. The acquisitions (two of seven total for Hometree) add c.55 employees and around £15m of combined revenues, strengthening Hometree's installation capacity and access to customers, financing and maintenance capabilities for residential renewable systems across the UK.

Buyers
Hometree, Funds and accounts managed by BlackRock
Targets
GeoWarmth Heat Pumps, The Little Green Energy Company
Industry
Renewable Energy
Location
United Kingdom
Transaction Type
Buyout

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