Pioneer Point-backed Simet Soluzioni Energetiche completed the acquisition of public lighting business unit from Global Power Service.

Synopsis

Pioneer Point-backed Simet Soluzioni Energetiche, an energy efficiency service provider, completed the acquisition of public lighting business unit from Global Power Service, an energy service company. Financial terms were not disclosed.

Principals

target

Global Power Service (public Lighting Business Unit)

bidder

Pioneer Point Partners

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Market Context

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Bidder Team (2)

david g armanini

Managing Director at Prothea

Financial Advisor

bidder

Deals

£ 602 M

Total Value

giorgio luraschi

Director at Prothea

Financial Advisor

bidder

Deals

n/a

Total Value

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