Solo Acquires SolarNexus

Bregal Sagemount Makes Strategic Growth Investment in Solo

September 19, 2022

Cloud & SaaS

Bregal Sagemount has made a minority strategic growth investment in Solo LLC, a Lehi, Utah–based provider of cloud-based solar sales, proposal, and design software. The capital will be used to accelerate Solo's product development, expand talent, and scale go-to-market efforts across the solar industry; financial terms were not disclosed.

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.

Sunworks, Inc. Acquires Solcius, LLC

April 13, 2021

Renewable Energy

Sunworks, Inc. (NASDAQ:SUNW) agreed to acquire privately held Solcius, LLC in an all-cash transaction valued at $51.8 million (cash-free, debt-free), combining Sunworks' commercial and utility capabilities with Solcius' residential installation platform. The deal creates a national solar provider with a presence in 12 states and pro forma 2020 revenue of approximately $131.5 million, with Sunworks expecting synergies and near-term profitability post-integration.

Apricus Generation Acquires Controlling Interest in Nexus Renewables

May 29, 2024

Energy

Apricus Generation has acquired a controlling interest in Nexus Renewables, a Toronto-based solar and energy storage developer and independent power producer with a 500+ MW North American project pipeline. By joining the Apricus platform, Nexus will receive strategic oversight and capital to advance its pipeline to generation as Apricus builds a national distributed solar and battery IPP platform.

nCino Acquires SimpleNexus for $1.2 Billion

November 16, 2021

Cloud & SaaS

nCino, a cloud banking software provider, agreed to acquire SimpleNexus, a mobile-first homeownership and digital mortgage platform, in a transaction valued at approximately $1.2 billion (approximately $240 million cash and ~13.2 million shares). The acquisition expands nCino's point-of-sale and mobile capabilities in the U.S. mortgage market and is expected to close by the end of nCino's fourth fiscal quarter ending January 31, 2022, subject to customary approvals.

Applied Value Group Acquires ES Solar

June 22, 2023

Renewable Energy

Applied Value Group has acquired ES Solar as a new platform investment. ES Solar, Utah's largest residential and commercial solar and battery installer with operations in Utah, Idaho and Wyoming, will keep its existing management team and work with Applied Value to expand into new markets, launch new products, and accelerate deployment of residential and commercial solar and storage systems.