Tracked deals
4
4 tracked deals across 2022-2023.
Concord, California, United States
Operator-founded private equity firm investing in lower-middle-market companies, with a focus on energy platform investments such as residential and commercial solar, energy storage, and backup power solutions in Northern California.
Tracked deals
4
4 tracked deals across 2022-2023.
Recent pace
0
0 tracked deals announced in the last 12 months.
Deal mix
Addon
2 addon · 1 buyout · 1 growth capital
Last 2 years
Supporting Data
Mars Equity Partners and affiliated Mars Energy Group (via platform NewGen Energy) have acquired K12 Energy (also referred to as K12 Solar), a El Dorado Hills, California provider of commercial solar solutions and Power Purchase Agreement (PPA) financing for nonprofits, schools and small commercial customers. The deal integrates K12 into Mars Energy's portfolio to expand commercial solar capabilities and nonprofit/school PPA expertise as an add-on to the group's NewGen Energy platform.
Mars Energy Group, through its subsidiary Solara Home Energy, has acquired Ready Home Energy, a Rocklin, California residential solar installer that serves new home builders. The add-on expands Mars Energy's residential new-construction capabilities in response to California's Title 24 requirement for solar on new homes and brings Ready Home Energy into Mars Energy's portfolio alongside platform NewGen Energy.
Mars Equity Partners made a strategic (growth) investment in A2B Development (dba NewGen Energy) on December 21, 2022. Generational Equity advised NewGen Energy; the investment will help scale the Loomis, California-based alternative energy provider that offers solar PV, energy storage and backup power solutions for agricultural, commercial/industrial and residential customers.
Soundcore Capital Partners formed a commercial paving platform and acquired ACI Asphalt & Concrete, Inc., a Minneapolis-area asphalt and concrete contractor. Northstar Capital provided flexible capital to help finance the transaction (with reported co-investor participation from Mars Equity Partners).
Turn tracked acquisition activity into an outreach-ready buyer list.