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New Deal


Announced

Completed

LS Power completed the acquisition of CPower from HIG Capital.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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energy management solutions

Acquisition

Electricity Distribution

Private

Completed

United States

Private Equity

Single Bidder

Majority

Friendly

Synopsis

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LS Power, a US power and energy infrastructure owner, completed the acquisition of CPower, a demand-side energy management solutions provider that helps commercial, industrial and government organizations in the US energy markets save on energy costs, earn revenue through energy curtailment, enhance their sustainability efforts, and contribute to a balanced, reliable grid, from HIG Capital. Financial terms were not disclosed. “We have enjoyed partnering with HIG. Our team has valued the continued support and leadership provided throughout our partnership as we worked to achieve our goals and growth initiatives. HIG’s expertise was invaluable in developing CPower into market-leading demand response and energy management provider.” John Horton, CPower President, and CEO.

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