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Announced

Esdec acquired IronRidge and Quick Mount.

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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solar panels

United States

Renewable Energy Equipment

Private

Pending

Acquisition

Friendly

Single Bidder

Synopsis

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Esdec, a leading global rooftop solar mounting solutions provider, acquired IronRidge and Quick Mount, two leaders in the design, engineering and manufacturing of solar mounting and racking hardware for the US residential and commercial markets. Financial terms were not disclosed. “IronRidge and Quick Mount PV are both well-known and well-respected brands with reputations for innovation, quality and customer service,” said Stijn Vos, CEO of Esdec. “They have played a key role in scaling the US solar industry to where it is today, and our investment adds the capital depth and R&D capabilities needed for them to lead the industry’s next massive phase of growth. We welcome IronRidge and Quick Mount PV to the Esdec family and look forward to working with them.”

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