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Announced

The Rise Fund completed the acquisition of a majority stake in Element Markets.

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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Majority

Domestic

Alternative Fuels

Acquisition

Friendly

renewable natural gas

United States

Private

Completed

Private Equity

Single Bidder

Synopsis

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The Rise Fund, a global impact investing platform managed by alternative asset firm TPG, completed the acquisition of a majority stake in Element Markets, the independent marketer of renewable natural gas and environmental commodities in North America. Financial terms were not disclosed. “The Rise Fund’s mission to deliver positive social and environmental impact alongside competitive financial returns is perfectly aligned with Element Markets’ value proposition. We are excited to partner with The Rise Fund to expand into new environmental markets and continue to deliver a best-in-class solution for our partners and clients,” Angela Schwarz, Element Markets Chief Executive Officer & Co-President.

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