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Announced

Completed

Enphase Energy completed the acquisition of Sofdesk.

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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Single Bidder

Friendly

Completed

software solutions designer

software solutions developer

Software

Canada

Majority

Acquisition

Private

Cross Border

Synopsis

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Enphase Energy, a global energy management technology company, completed the acquisition of Sofdesk, an organization that builds intuitive sales acceleration software. Financial terms were not disclosed. "We are thrilled to join forces with Sofdesk. Our companies share a commitment to transform the solar industry with advanced technology. We are delighted to welcome Sofdesk’s installer partners to Enphase and look forward to working with the talented team at Sofdesk to help reduce solar soft costs and improve the overall installer experience," Badri Kothandaraman, Enphase Energy President and CEO.

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