Perch Energy Acquires Solstice (Solstice Power Technologies)

MyPower Corp. (Mitsui Affiliate) Acquires Solstice Power Technologies

October 12, 2022

Renewable Energy

MyPower Corp., an affiliate of Mitsui & Co., Ltd., has acquired Solstice Power Technologies, a Cambridge-based customer acquisition and subscriber-management services provider for community solar projects. The deal gives MyPower a foothold in the U.S. community solar market and brings Solstice's customer-management and subscriber software capabilities to Mitsui's broader clean-energy investment platform.

TotalEnergies to Acquire SunPower’s Commercial & Industrial Solar Solutions (CIS) Business

February 10, 2022

Energy

TotalEnergies has signed a definitive agreement to purchase SunPower’s Commercial & Industrial Solutions (CIS) business for $250 million, including a $60 million earn-out subject to regulatory developments. The deal is expected to close in early Q2, while SunPower will refocus on its high-growth residential solar services.

Enphase Energy Acquires SolarLeadFactory LLC

March 15, 2022

Energy

Enphase Energy has acquired SolarLeadFactory LLC, a lead-generation and marketing platform for residential solar installers, to add high-quality customer acquisition capabilities to its installer digital platform. The acquisition is intended to increase lead volumes and conversion rates and lower customer acquisition costs for Enphase’s installer network.

Soltech Energy Sweden acquires Sesol Group from Nordic Capital

July 4, 2025

Renewable Energy

Soltech Energy Sweden AB (publ) has signed an agreement to acquire 100% of Sesol Group AB, a solar energy company. The purchase price will be paid with newly issued Soltech shares, making Nordic Capital the company’s largest shareholder with roughly 30% ownership post-transaction. The deal is subject to regulatory approvals and approval by an Extraordinary General Meeting.

ADT Acquires Sunpro Solar

December 15, 2021

Energy

ADT Inc. completed its acquisition of Sunpro Solar from a group of private equity investors (led by Compass Group Equity Partners and including TGP, MGG and Millstone) for $160 million in cash plus approximately 77.8 million ADT shares ( ~ $825 million implied value). Sunpro — a rooftop solar installer with ~3,600 employees operating 56 locations in 22 states — will be rebranded as ADT Solar, with founder Marc Jones and the Sunpro management team leading the new business to expand ADT's smart-home and energy offerings.

Razor Group Acquires Perch

March 4, 2024

E-Commerce

Razor Group has acquired Perch, a leading US Amazon aggregator, and announced a Series D financing round led by Presight Capital. The deal consolidates scale across the combined portfolio (roughly 40,000 products across 30+ channels) and aims to accelerate Razor's technology-driven automation and path to $1 billion in revenue.