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New Deal


Announced

Completed

SER Capital Partners completed a $82m investment in Brightcore Energy.

Financials

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Transaction Value£59m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

clean energy

Domestic

Renewable Energy Equipment

Acquisition

United States

Private

Friendly

Private Equity

Majority

Completed

Synopsis

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SER Capital Partners, a sustainable investment focused private equity firm, completed a $82m investment in Brightcore Energy, a clean energy & efficiency as a service company serving commercial, industrial, and institutional real estate owners. "We are excited to welcome Brightcore into SER’s portfolio of businesses. Our portfolio companies are leading the sustainable industrial revolution and reducing overall carbon emissions by installing solar, storage and energy efficiency projects where and when customers need them most. And we see a tremendous market need for Brightcore’s clean energy and efficiency services for customers," Rahul Advani, SER Managing Partner.

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