Case Study

Leading Canadian Solar Company

PROJECT DETAILS
Location: Canada
Industry: Solar Electric Power Generation

Leaders from our True North Team Successfully Advised The Shareholders of a Canadian Solar Distribution and Engineering Company on Their Sale to a Private Equity Firm

A leading player in the renewable energy landscape, this solar distribution and engineering services entity has maintained its stronghold in Canada for over a decade. With a steadfast commitment to delivering cutting-edge solar and storage solutions, the company remains a trusted partner for residential, commercial, and industrial projects, collaborating closely with numerous local installers nationwide.

Highlights:
  • 5+ competitive offers received
  • Condensed transition of less than 6 months
  • 90% cash on close

Amid a landscape of burgeoning opportunities in the renewable energy sector, a private equity firm recognized the potential for growth and sustainability within this industry. After a rigorous evaluation process and amidst fierce competition, the private equity firm emerged as the final victor in acquiring the company. This strategic move positions this solar company for further expansion and innovation, leveraging the expertise and resources of the private equity firm to propel its mission of advancing renewable energy solutions across Canada and beyond.

The previous owners are now happily retired.