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New Deal


Announced

Completed

PVcase completed the acquisition of Anderson Optimization.

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

Single Bidder

solar siting software

Software

Acquisition

Private

Cross Border

Friendly

Majority

Completed

Synopsis

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PVcase, a next-generation PV software-as-a-service company, completed the acquisition of Anderson Optimization, a solar siting software, specializing in automation for renewable development's early-stage site selection processes. Financial terms were not disclosed. "Solar software incompatibility might seem like a technicality to some. But in our work across 75 countries, developers and asset owners say it's emerging as a serious growth constraint. With this acquisition, developers can cut their data loss risk substantially. And for European developers, we'll be able to cut the project design process from weeks to roughly 20 minutes," David Trainavicius, PVcase CEO.

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