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Announced

Completed

Antin completed the investment in PearlX.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
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One Off Charge-

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Private Equity

Single Bidder

Domestic

Private

United States

smart grid infrastructure systems

Acquisition

Majority

Completed

Renewable Energy Equipment

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Synopsis

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Antin, a private equity firm, completed the investment in PearlX, an owner and operator of fully integrated smart grid infrastructure systems, provides an innovative solution that decarbonizes existing multi-family rental properties and provides residents with cheaper, cleaner, and more reliable energy. Financial terms were not disclosed. “Antin’s investment in PearlX along with our management team’s experience in renewable energy and community solar provides a world-class foundation for our shared vision of smart grid infrastructure platforms. We are excited to partner with Antin to scale our solution and deliver cleaner, resilient, and more accessible energy solutions to additional middle-to-lower income rental communities,” Michael Huerta, PearlX Co-Founder and CEO.

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