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Announced

Completed

Court Square Capital completed the acquisition of Veregy from Bow River 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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technical advisory

Domestic

Completed

Friendly

Private

Disposal

Acquisition

energy solutions

Energy / Utility Services

Majority

Private Equity

United States

Single Bidder

Synopsis

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Private equity firm Court Square Capital completed the acquisition of Veregy, an independent energy services company, from Bow River Capital, a private alternative asset management company based in Denver. Financial terms were not disclosed. "Veregy's brand and success were conceived through our strategic partnership with Bow River Capital. We have and will continue to invest in the best companies, resources, and technologies to address the comprehensive energy efficiency needs of our customers nationwide. Today is both exciting and transformative – we look forward to continuing on our path of customer-centric innovation with the support of our new investor, Court Square. Our customers and employees will be the greatest beneficiary of this new strategic partner," John Hobbes, Veregy CEO.

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