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New Deal


Announced

RES to acquire Blueshore.

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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Australia

Cross Border

asset management services

Majority

Private

Single Bidder

Asset Managers and Custodians

Acquisition

Pending

Friendly

Synopsis

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Renewable Energy Systemsm, a provider of wind energy development services, agreed to acquire Blueshore, a provider of asset management services. Financial terms were not disclosed. “This acquisition is in line with our strategy that includes entering into new segments and new markets. RES now supports over 9GW of operational assets and is one of the few companies able to provide a wide array of services on a large international basis, adding value to our customers thanks to the deep in-house technical and operational expertise. In the future months we plan to continue to grow our Support Services business in line with the company strategy, both organically and by external growth," Marco Perona, RES CEO.

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