Sell-side mandate for Solgen Energy Group
Deal TypePrivate Equity
IndustryElectricity, Gas, Water and Waste Services
ClientSolgen Energy Group
Since incorporation in 2008, Solgen Energy Group experienced significant growth in operations, with a national footprint and forecast annual revenue levels reaching $60 million. The business was ideally positioned to capture a disproportionate share of forecast solar energy market growth in the next stage of its lifecycle. Management decided that the best strategy to enhance shareholder value was to pursue market opportunities as part of a wider energy operation.
Our M&A team was engaged by the Solgen Energy Group to sell 100% of the share capital. Following a marketing campaign and extensive negotiations surrounding key terms of the sale and purchase agreement, a successful sale was achieved to an Australian based private equity fund. The private equity fund held a large solar energy business in its existing portfolio and the Solgen Energy group secured a strategic partner providing immediate synergies.
“BDO provided quality strategic advice and crucial analysis around the key value drivers of the transaction.
The transaction was executed by the BDO team very efficiently and in a tight timeframe. Key value drivers and merger issues were identified early by the team and a position taken to ensure a commercial outcome was achieved for both parties.”
David Naismith, Director, Solgen Energy Group