Visionstate Corp Acquires Exceed Solar
April 15, 2021
Visionstate Corp. signed a letter of intent to acquire the outstanding shares of Exceed Solar, an Alberta-based renewable energy company focused on smart, solar-enabled building envelopes for residential applications. The deal consideration is CAD 100,000 cash plus CAD 200,000 in Visionstate shares, and the acquisition builds Visionstate's sustainability and IoT capabilities by combining Exceed Solar's solar/building-envelope technology with Visionstate's IoT and analytics expertise.
- Buyers
- Visionstate Corp.
- Targets
- Exceed Solar
- Industry
- Renewable Energy
- Location
- Alberta, Canada
- Transaction Type
- Buyout
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