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Announced

Completed

Apollo-backed TAKKION completed the acquisition of Harvest Energy Services.

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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Private

Completed

Acquisition

United States

Renewable Energy Equipment

renewable energy

Private Equity

Friendly

Majority

Domestic

Single Bidder

Synopsis

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Apollo-backed TAKKION, a provider of logistics, field support, and technical repair services to the renewable energy industry, completed the acquisition of Harvest Energy Services, a services provider of operations and maintenance solutions to the renewable energy industry. Financial terms were not disclosed. "We are ecstatic to welcome Harvest to TAKKION. Harvest has a long history of performance and we are fortunate to incorporate the expertise of its employees into our businesses. We see compelling opportunities to expand the already market-leading scope of TAKKION's services, leveraging Harvest's skills and equipment. The acquisition of Harvest furthers our goal to be the strongest partner to companies across the renewable energy industry." Jim Orr, TAKKION CEO.

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