Announced
Completed
Financials
Tags
solar energy
Domestic
Acquisition
United States
solar provider
Friendly
Private
Minority
Completed
Private Equity
Single Bidder
Alternative Fuels
Synopsis
Compass Group Equity Partners, a private investment firm, led the investment in Sunpro Solar, a US residential solar provider, with participation from private equity companies MGG Investment Group, TGP Investments and Millstone Capital Advisors. Financial terms were not disclosed. “As a leader in the residential solar market, Sunpro is transforming energy efficiency and we are excited to provide the company with the resources it needs to meet the market’s demand. This investment highlights MGG’s commitment to ESG investing and collaborating with companies focused on driving sustainability. Moreover, we are thrilled to partner with Marc Jones and his talented management team as they continue to execute on their growth plans and strengthen their position in this expanding market,” Kevin Griffin, MGG Chief Executive Officer and Chief Investment Officer.
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