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Announced

Completed

White Oak and Fiera Comox completed a $110m investment in Lumio.

Financials

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Transaction Value£83m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Renewable Energy Equipment

Private

Private Equity

solar power equipment

Single Bidder

United States

Friendly

Minority

Domestic

Acquisition

Completed

Synopsis

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Investment firms White Oak and Fiera Comox completed a $110m investment in Lumio, a renewables and environment company. "Lumio is well underway on our mission to make power personal, so people can create their own electricity at home, be less taxing on the grid, become better stewards of the Earth, and save money while doing it. Our vision of decentralized power enables homeowners to more intelligently control energy production, storage, and usage—so together we can make a bigger impact on sustainability," Greg Butterfield, Lumio Founder and CEO.

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