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New Deal


Announced

Completed

Boyne Capital-backed Pilot Power completed the acquisition of Trebel Energy.

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

Friendly

Private

Acquisition

energy supply

Completed

Electricity Distribution

Private Equity

United States

Domestic

Single Bidder

Synopsis

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Boyne Capital-backed Pilot Power Group, an electric utility company, completed the acquisition of Trebel Energy, an energy supplier. Financial terms were not disclosed. "Trebel has an outstanding reputation in the Ohio market amongst its long-standing customers as a best-in-class partner to CCAs, and we're pleased to partner with Trebel's founder, Scott Belcastro, to continue building on his vision. We believe that Pilot Power Group will help enhance Trebel's offering by expanding services and capabilities. This new partnership is highly synergistic, with the customer winning," Derek McDowell, Boyne Managing Partner and CEO.

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