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New Deal


Announced

Completed

Bravo Infrastructure completed the acquisition of Radiance Solar from Orion Infrastructure Capital.

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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United States

Private

Private Equity

Friendly

Completed

Majority

Single Bidder

Acquisition

solar power

Alternative Fuels

Domestic

Synopsis

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Bravo Infrastructure, an investment vehicle, completed the acquisition of Radiance Solar, a solar engineering, procurement and construction contractor, from Orion Infrastructure Capital, an investor. Financial terms were not disclosed. “We are very excited to announce the acquisition of Radiance and our capital partnership with OIC. Radiance is a leader in the commercial and industrial EPC market and the O&M market in the southeast. We look forward to working with their outstanding team on meeting the needs of the high growth C&I solar market. Radiance will be the perfect complement to BIG’s other solar platform, Sunshine Solar the second largest C&I mechanical installation firm in the US. With OIC as a partner, both companies are strongly capitalized, and we expect both to benefit from the significant growth and tailwinds in solar deployment," Steve Newby, BIG Owner.

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