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New Deal


Announced

Good Energy to acquire JPS Renewable Energy for £13.75m.

Financials

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Transaction Value£13m
Consideration TypeCash, Contingent Deferred Consideration, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

Renewable Energy Equipment

Acquisition

Private

Domestic

solar installation

storage installation

Majority

Friendly

Single Bidder

Pending

Synopsis

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Good Energy, a clean energy provider, agreed to acquire JPS Renewable Energy, a solar and storage installation business, for £13.75m. “JPS Group is growing at pace to supply a specific market that is demanding premium clean energy products and services, which Good Energy is well positioned to provide as a premium and trusted truly green energy supplier,” Nigel Pocklington, Good Energy CEO.

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