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Announced

Aurora Solar to acquire Folsom Labs.

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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Domestic

Software

software development

Single Bidder

Majority

Friendly

Acquisition

United States

Pending

Private

Synopsis

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Aurora Solar, a software platform for solar sales and design, agreed to acquire Folsom Labs, a software solutions provider. Financial terms were not disclosed. "Aurora Solar and Folsom Labs share a common mission to build a future of solar energy for all. We built our business to help the solar industry scale through technology, and adding the Folsom Labs team puts us in an even better position to drive the digital transformation of the solar industry," Christopher Hopper, Aurora Solar Co-Founder.

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