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New Deal


Announced

Completed

DIF Capital Partners completed the acquisition of a 75% stake in Diverso Energy.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For75%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Domestic

Canada

geothermal energy

Completed

Friendly

Majority

Alternative Electricity

Acquisition

Private

Private Equity

Synopsis

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DIF Capital Partners, a private equity firm, completed the acquisition of a 75% stake in Diverso Energy, a developer of geothermal plants. Financial terms were not disclosed. "This investment will provide immediate and long-term benefits to Diverso Energy and our clients. “We are extremely proud of what our team has accomplished since our inception in 2015. With our new partnership and the immediate demand for low carbon building solutions, we are well positioned to enhance our operations and grow our position as market leaders as the industry accelerates the adoption of geothermal solutions," Tim Weber, Diverso CEO.

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