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2024 Sustainability M&A List

January 2, 2024 by Joe Panettieri

Merger & acquisition (M&A) activity within and across the sustainability market is off to a strong start in 2024 -- though many deal valuations remain undisclosed. In the chart below, we track M&A involving sustainable energy & technology; environmental consulting; e-waste reduction; recycling; green IT services; ClimateTech; along with solar, wind, hydro and bio energy transactions.

Want to Download or Update This List?: Please email your request to Editorial Director Joe Panettieri. In your email please include your full name, title, company and specific request.

Deal NumberYear & MonthBuyerBuyer HQ CityState/ProvinceCountryAcquiredFocusPrivate Equity FirmValuationDetails
24407-2024S3-Recycling-SolutionsS3 Recycling Solutions SpringfieldTennesseeUnited StatesiGlobal Asset ManagementIT Asset Disposition, ITADInvestor group, including CEO Rod McDaniel, owns S3UndisclosedThis is S3’s first acquisition under current CEO Rod McDaniel. The purchase increases S3’s employee headcount by roughly 17%, expands annual revenue by 10%, and brings its number of facilities to three, totaling over 200,000 square feet, S3 said.
24307-2024Accenture LogoAccentureDublinIrelandTrue North SolutionsConsulting, Industrial Engineering, Hybrid EnergyNoneUndisclosedThe acquisition reinforces Accenture's hybrid energy strategy. On one hand, Accenture offers sustainability IT services that assist customers with carbon reduction and net-zero strategies. On the other hand, Accenture also helps customers in legacy energy markets -- including the Oil and Gas sector. In True North's case, the company often serves traditional Oil and Gas customers
2422024-07EQSEQS GroupMunichGermanyData Legal DriveCompliance Software, GDPRThoma BravoUndisclosed"The acquisition of Data Legal Drive will be a significant milestone for EQS Group and will bolster our expertise, particularly for GDPR compliance," EQS said.
2412024-06Resource Innovations LogoResource Innovations (RI)San FranciscoCaliforniaUnited StatesCadeoClean Energy, Consulting, Energy ManagementMorgan Stanley Capital PartnersUndisclosedCadeo's consulting services involve energy efficiency, electrification, and distributed energy resources. The company had 40 employees listed on LinkedIn as of June 2024.
2402024-06workiva-400-400Workiva AmesIowaUnited StatesSustain.LifeCarbon Accounting SoftwareNone$100 millionSustain.Life's software makes it "easier and more affordable to measure, manage and report carbon emissions and environmental impact," the seller asserted.
2392024-05VeoliaVeoliaAubervilliersFranceMRC Consultants and Transaction AdvisersEnergy ConsultingNoneUndisclosedVeolia has acquired MRC Consultants and Transaction Advisers, an energy consulting firm based in Spain and the United Kingdom. The acquired business will tuck into Seureca, a division of Veolia.
2382024-05UL SolutionsUL SolutionsNorthbrookIllinoisUnited StatesBatterieIngenieure GmbHBattery Performance TestingNoneUndisclosed UL Solutions has acquired BatterieIngenieure GmbH of Aachen, Germany. The acquired business, including about 50 employees, tests battery systems used in electric vehicles and other applications. Financial terms of the deal were not disclosed.
2372024-05LazardLazard Sustainable Private InfrastructureNew YorkNew YorkUnited StatesCollective Energy GmbH,Rooftop Solar, Solar EnergyLazard Asset ManagementUndisclosedLazard Sustainable Private Infrastructure (Lazard SPI) plans to acquire Collective Energy GmbH, which owns and operates rooftop solar PV systems, and consultings to communities and commercial clients in Austria.
2362024-05King StreetKing Street Capital ManagementNew YorkNew YorkUnited StatesColovoreData CentersNoneUndisclosedInvestment firm King Street Capital Management has acquired a majority stake in Colovore, a Silicon Valley-based data center operator that specializes in liquid-cooled, high-density colocation for artificial intelligence (AI) and high-performance computing (HPC). Financial terms of the deal were not disclosed.
2352024-05EatonEatonDublinIrelandExerthermThermal Monitoring, Power ManagementNoneUndisclosedEaton has acquired Exertherm, a privately owned, U.K.-based provider of thermal monitoring solutions for electrical equipment. The acquired business and technology will tuck into Eaton's Brightlayer software unit, which focuses on "intelligent power management." Financial terms of the deal were not disclosed.
2342024-05Horizontal-Transparent-BackgroundMomentum Environmental BathNew YorkUnited StatesT&R EnvironmentalEnvironmental ServicesNoneUndisclosedMomentum Environmental has acquired T&R Environmental, a provider of environmental services based in Upstate New York. T&R Founder Brian Polmanteer shifts to senior VP of Momentum. Financial terms of the deal were not disclosed.
2332024-05superior_environmental_solutions_logoSuperior Environmental SolutionsCincinnatiOhioUnited StatesArrowhead Environmental ServicesIndustrial Cleaning Services, Waste ManagementPalladium Equity Partners,UndisclosedSuperior Environmental Solutions, backed by private equity firm Palladium Equity Partners, has acquired Arrowhead Environmental Services - a 50-person firm in Central Virginia. This is one of Arrowhead's largest acquisitions to date, the buyer said. Financial details were not disclosed.
2322024-05Tetra TechTetra TechPasadenaCaliforniaUnited StatesConvergence Controls & EngineeringEngineering, ConsutlingNoneUndisclosedTetra Tech has acquired Convergence Controls & Engineering, a process automation and systems integration solutions in the water and energy sector. Financial terms of the deal were not disclosed.
2312024-05OceanSixOceanSix Future PathsBerlinGermanyOriginal Repack OyReusable Packaging SystemsNoneCDN $2.4 millionOceansix Future Paths plans to acquire Original RePack Oy, a developer of reusable packaging systems. The purchase price is roughly CDN $2.4 million.
2302024-05CalgonCarbonCalgon Carbon, a Kuraray CompanyMoon TownshipPennsylvaniaUnited StatesAn industrial reactivation carbon business from Sprint Environmental ServicesCarbon ReactivationNoneUndisclosedCalgon Carbon Corp., a subsidiary of Kuraray, will acquire an industrial reactivation carbon business from Sprint Environmental Services. The acquisition involves 21 employees and an industrial carbon reactivation plant near Houston, Texas. The deal is expected to close in July 2024. Financial terms were not disclosed.
2292024-05nextenergy_capital_logoNextEnergy CapitalLondonUnited KingdomSolar infrastructure in PolandSolar Energy, Renewable Energy, InfrastructureNextEnergy CapitalUndisclosedThe buyer said: "The portfolio comprises operating plants totalling 65.6MW and benefits from 100% contracted revenues that are CPI linked for at least 15 years after being awarded a Contract for Difference (“CfD“) through the domestic renewable energy auctions. The portfolio was acquired from an experienced investor and developer of renewable energy projects that manages over 2GW of projects in various stages of development in the region."
2282024-05NexCore-2NexCoreDenverColoradoUnited StatesSylvester & CockrumHVACTrinity Hunt PartnersUndisclosedNexCore, backed by private equity firm Trinity Hunt Partners, has acquired Sylvester & Cockrum, a provider of commercial HVAC system services across the Southeastern U.S.
2272024-05Enviroserve-LogoEnviroServeClevelandOhioUnited StatesCG EnvironmentalEnvironmental Services, ConsultingOne Rock Capital PartnersUndisclosedEnviroServe, backed by private equity firm One Rock Capital Partners, has acquired CG Environmental, a full-service environmental and industrial services provider. Financial terms of the deal were not disclosed.
2262024-05Green-Environmental-GroupGreen Environmental GroupBirkenheadEnglandQINT.APPSustainability, Software, UK ComplianceGreen Environmental GroupUndisclosedGreen Environmental Group (GEG) has acquired QINT.APP, a machine-learning technology platform that merges traditional reporting with AI-driven predictive intelligence. The business combination will assist customers with UK climate regulations -- such as the UK Sustainability Disclosure Standards (UK SDS), the buyer said. Still, we couldn't find GEG's website -- which suggests the buyer is an extremely early stage startup. Financial terms of the deal were not disclosed.
2252024-05TPG Growth Rise FundTPG Rise ClimateFort WorthTexasUnited StatesOlympus TerminalsStorage, Renewable FuelsTPG Rise ClimateUndisclosedTPG Rise Climate is acquiring Olympus Terminals, a storage provider for renewable fuels and refined products. The seller is Davidson Kempner Capital Management and Intrepid Investment Management. Financial terms were not disclosed.
2242024-05CPP-Investments-2CPP Investments and Global Infrastructure Partners (GIP)TorontoCanadaAlleteEnergy Transition, Grid ModernizationGlobal Infrastructure Partners (GIP)$6.2 millionCPP Investments and Global Infrastructure Partners (GIP) plan to acquire Allete for $6.2 billion including debt. Allete's business includes "regulated utilities and renewable energy companies" that are "focused on driving the clean-energy transition by expanding renewables, reducing carbon, enhancing grid resiliency, and driving innovation."
2232024-05TUD-SUD-LogoTÜV SÜD MunichGermanySustainable Investment Group (SIG) and Green Building Education Systems (GBES).Sustainable Real Estate, Testing and CertificiationNoneUndisclosedTÜV SÜD has acquired Sustainable Investment Group (SIG) and Green Building Education Systems (GBES). TÜV SÜD is an international provider for testing and certification. The company has a real estate and infrastructure division. SIG and GBES offer services and training for sustainable real estate in new and existing buildings, focusing the internationally recognized LEED standard.
2222024-05Trinity InvestorsTrinity Investors and Insight EquityMultipleUnited StatesAtmos TechnologiesEnvironmental Solutions, SustainabilityTrinity Investors and Insight EquityUndisclosedTrinity Investors and Insight Equity have acquired Atmos Technologies, a developer of environmental solutions aligned with sustainability. Financial terms of the deal were not disclosed.
2212024-05Goldman-SachsGoldman Sachs AlternativesNew YorkNew YorkUnited StatesAdler & AllanConsulting, Environmental Risk ReductionGoldman Sachs AlternativesUndisclosedPrivate equity firm Goldman Sachs Alternatives has acquired Adler & Allan, a provider of environmental risk reduction and advisory services. The seller was Sun European Partners. Financial terms of the deal were not disclosed.
2202024-05WSPWSPMontrealCanadaUnited StatesAKFMechanical, Electrical, Plumbing, EngineeringNoneUndisclosedWSP has acquired AKG Group, a specialized mechanical, electrical, and plumbing firm that designs healthcare, science and technology, and mission-critical facilities. Financial terms of the deal were not disclosed.
2192024-04StokStokSan FranciscoCaliforniaUnited StatesEcoAmmoConsulting, Sustainability, ESGNoneUndisclosedStok has acquired EcoAmmo, a Canadian sustainability consultancy. Financial terms of the deal were not disclosed. Stok's expertise spans ESG and sustainability consulting, carbon, energy engineering, commissioning, and project delivery.
2182024-06StantecStantecEdmontonAlbertaCanadaHydrockEngineering, SustainabilityNoneUndisclosedStantec has acquired Hydrock, a 950-person integrated engineering design firm headquartered in Bristol, England. Hydrock, founded in 1995, specializes fire safety, energy and sustainability, civil and structural, MEP, transport, environmental, and geotechnical services. Financial terms of the deal were not disclosed.
2172024-05deloitteDeloitteNew YorkNew YorkUnited StatesGryphon ScientificBiosafetyNoneUndisclosed Deloitte has acquired Gryphon Scientific, which specializes in biosafety, biosecurity, and all-hazards preparedness and response. The deal reinforces Deloitte's ability to help customers "prevent, detect and respond to infectious disease threats across the globe," the buyer said.
2162024-04AESGAESGDubaiUnited Arab Emirates (UAE)SGWConsulting, Engineering, Built Environment, SafetyNoneUndisclosed AESG, a consultancy, engineering and advisory firm focused on the built environment, has acquired SGW, a Safety and Security Consultancy with offices in the UK, UAE, Saudi Arabia, and Singapore. Financial terms were not disclosed.
2152024-04SolaTrueSolaTrueFort WorthTexasUnited StatesSouthern SolarSolar Energy, Renewable EnergyNoneUndisclosedSolaTrue and Southern Solar have merged. The deal, completed in January 2024, was publicly confirmed in April 2024. The combined business moves forward under the SolaTrue brand. Financial terms of the deal were not disclosed.
2142024-04repurpose globalrePurpose GlobalNew YorkNew YorkUnited StatesBluebird ClimateSustainability, SoftwareNoneUndisclosedrePurpose Global has acquired Bluebird Climate, a sustainability software company that "helps consumer brands assess, improve, and transparently communicate the environmental performance of their products, ingredients, and packaging." Financial terms of the deal were not disclosed.
2132024-04EYSA LogoEYSAMadridSpainNet4ThingsMobility, SustainabilityH.I.G. CapitalUndisclosed EYSA Group, backed by private equity firm H.I.G. Capital, has acquired Net4Things, a data company focused on mobile sustainability. Financial details of the deal were not disclosed.
2122024-04laphair_capital_partners_logoLaPhair Capital PartnersNew YorkNew YorkUnited StatesKinexx Modular ConstructionModular Buildings, Sustainable Homes, ConstructionLaPhair Capital PartnersUndisclosedInvestment firm LaPhair Capital Partners has acquired Kinexx Modular Construction, a developer of modular building and sustainable homes. Financial terms of the deal were not disclosed. Scott Upshaw will be the new CEO of Kinexx.
2112024-04strabag-property StrabagFrankfurtGermanyNaporo Klima Dämmstoff GmbH Sustainable Building Materials, ConstructionNoneUndiscloseduropean construction firm Strabag has acquired Naporo Klima Dämmstoff GmbH from Synthesa Group. The deal involves sustainable building materials. Financial terms were not disclosed.
2102024-04karmawallet_logoKarma WalletWake ForestNorth CarolinaUnited StatesDoneGood Sustainability, Marketplace, Sustainable FinanceNoneUndisclosedKarma Wallet has acquired sustainability marketplace DoneGood amid of card and membership programme launch, FinTech Futures reported.
2092024-05One Click LCAOne Click LCAHelsinkiUusimaaFinlandBuildrzGenerative AI, Real Estate, Carbon ReductionNoneUndisclosedOne Click LCA has acquired Buildrz, a generative AI software company that helps decarbonize real estate projects.
2082024-05GalvanizeGalvanize Real EstateSan FranciscoCaliforniaUnited StatesIndustrial property in the Baltimore-WashingtonReal Estate, Property Development, Renewable EnergyGalvanize Real EstateUndisclosedGalvanize Real Estate, a real estate investment firm focused on building decarbonization, has acquired an industrial property in the Baltimore-Washington corridor near Baltimore Washington International Airport and the Port of Baltimore. GRE believes the real estate "presents significant decarbonization potential through rooftop solar, mechanical upgrades, and other energy-efficient improvements." Both tenants of the fully leased asset "have stated sustainability goals and an interest in pursuing solutions which reduce their costs and carbon footprints," GRE said. Financial terms of the deal were not disclosed.
2072024-06OpenAIOpenAI San FranciscoCaliforniaUnited StatesRocksetIn-app Search, Analytics Database, AINoneUndisclosedOpenAI has acquired Rockset, an in-app search and analytics database startup. The deal has potential implications for cloud-scale search and analytics applications -- including sustainability and climate-tech use cases. Financial terms of the deal were not disclosed.
2062024-06ERMERMLondonUnited KingdomEnergeticsConsulting, Energy Transition, Climate RiskKKRUndisclosedSustainability consultancy ERM, backed by private equity firm KKR, has acquired Energetics, a climate risk and energy transition consultancy in Australia. Financial terms of the deal were not disclosed.
2052024-05brainbox-ai-400x400BrainBox AIMontrealQuebecCanadaThe Automation Division of Turntide TechnologiesBuilding Energy ManagementNoneUndisclosedBrainBox AI, which develops cloud-based, autonomous technology to make commercial buildings smarter, greener and more energy efficient, has acquired the Automation Division of Turntide Technologies. Financial terms of the deal were not disclosed.
2042024-05HGHgLondonUnited KingdomAuditBoardRisk Management, ESG, Cloud ServicesHg$3 billionEuropean software investor Hg has acquired AuditBoard for more than $3 billion. AuditBoard develops a cloud-based platform for audit, risk, ESG and InfoSec management. Nearly 50% of the Fortune 500 leverage the platform, the businesses said.
2032024-05Accenture Logo AccentureDublinirelandPartners in PerformanceConsulting, Carbon Reduction, Energy TransitionNoneUndisclosedGlobal IT consulting firm Accenture has acquired Partners in Performance, a global strategy consulting firm that has energy transition, decarbonization and sustainability expertise. Financial terms of the deal were not disclosed.
2022024-05ForesightForesight ManagementGrand RapidsMichiganUnited StatesCornerstone Environmental Health and SafetySustainability, Consulting, EHSNoneUndisclosedForesight Management and Cornerstone Environmental Health and Safety have merged, the longtime business partners have disclosed. The M&A deal blends Foresight's sustainability, carbon accounting and energy management expertise with Cornerstone's EHS knowhow. Financial terms of the deal were not disclosed.
2012024-05LegenceLegenceSan JoseCaliforniaUnited StatesCorporate Sustainability Strategies (CSS)Real Estate, Decarbonization, ConsultingBlackstoneUndisclosedLegence, backed by Blackstone, has acquired Corporate Sustainability Strategies (CSS) -- a commercial real estate sustainability consulting firm.
2002024-04EY Ernst Young LogoErnst & Young (EY)LondonUnited KingdomDenkstattConsulting, ESG, Sustainability, CSRD ComplianceNoneUndisclosedErnst & Young (EY) acquired Denkstatt, a 170-person sustainability and ESG consulting firm that serves customers in Austria and across Europe. Financial terms of the deal were not disclosed.
1992024-04InfosysInfosysBengaluruIndiaIn-techMobility, Transportation, Engineering, Consulting Infosys is acquiring In-tech, a developer of autonomous and electric technologies for the automotive, smart city and smart factory markets. Financial terms of the deal were not disclosed.UndisclosedInfosys is acquiring Intech, a developer of autonomous and electric technologies for the automotive, smart city and smart factory markets. Financial terms of the deal were not disclosed.
1982024-04Bernhard Capital PartnersBernhard Capital PartnersBaton RougeLouisianaUnited StatesStrategic Management Solutions, LLC (SMSI)Nuclear Power, ConsultingBernhard Capital PartnersUndisclosedPrivate equity firm Bernhard Capital Partners has acquired Strategic Management Solutions, LLC (SMSI), a provider of expert management and technical consulting services for federal and large industrial clients focused on nuclear programs and projects, the buyer said. Financial terms of the deal were not disclosed. Bernhard Capital previously acquired Boston Government Services (BGS) and Sterling Engineering & Consulting Group (SE&C) as part of a push to build a Department of Energy services platform.
1972024-04general-atlantic-2General AtlanticNew YorkNew YorkUnited StatesGRESBSustainability StandardsGeneral AtlanticUndisclosed Investment firm General Atlantic has acquired GRESB, a global provider of sustainability standards and benchmarks for real assets. The deal involve General Atlantic's BeyondNetZero climate growth fund. The seller, private equity firm Summit Partners, will retain a minority stake in GRESB. The GRESB management team will also reinvest in the company. Financial terms of the deal were not disclosed.
1962024-04cima__logo CIMA+LavalQuebecCanadaKozar Engineering Inc.Engineering, Consulting, InfrastructureNoneUndisclosedCIMA+ has acquired Kozar Engineering Inc. as part of a strategy to "tackle ESG and decarbonization challenges for a sustainable future," the Canadian firms said. Financial terms of the deal were not disclosed.
1952024-04keysource_logoKeysourceGatwickWest SussexUnited Kingdom2bm LimitedConsulting, Data Centers, SustainabilityNoneUndisclosedKeysource, a provider of sustainable data centre solutions and strategic advisory services, has acquired 2bm Limited, a data center specialist and critical environment company with headquarters in Nottingham, United Kingdom. The deal surfaces roughly one month after Keysource acquired GDM Building Consultants, a provider of engineering, sustainability and facilities management solutions. Financial terms of the deals were not disclosed.
1942024-04copenhagen_infrastructure_partners_k_s_logoCopenhagen Infrastructure Partners (CIP)GdanskgadeDenmarkLiberty RenewablesOnshore Wind Projects, New York, Renewable Energy, Wind PowerNoneUndisclosedCopenhagen Infrastructure Partners (CIP) has acquired Liberty Renewables, a 1.3 GW portfolio of onshore wind projects in New York. Financial terms of the acquisition were not disclosed.
1932024-04solero-technologiesSolero TechnologiesRochester HillsMichiganUnited StatesKendrion's automotive business in Europe and the United StatesAutomotive TechnologiesAtar CapitalEnterprise value of roughly US$70 million (EUR 65 million)Solero Technologies, backed by Atar Capital, will acquire Kendrion's automotive business in Europe and the United States. The deal has an enterprise value of roughly US$70 million (EUR 65 million).
1922024-04True_EnvironmentalTrue EnvironmentalNew YorkNew YorkUnited StatesTriton EnvironmentalEnvironmental Consulting, Engineering ServicesHalle CapitalUndisclosedTrue Environmental, backed by Halle Capital, has acquired Triton Environmental - a provider of environmental consulting and engineering services. Financial terms of the deal were not disclosed.
1912024-04nexergy_holding_logoNexergyLondonUnited KingdomCassandraSustainable Resource ProductionNoneUndisclosedNexergy has acquired Cassandra as part of a push toward "sustainable resource production throughout Europe." Financial terms of the deal were not disclosed.
1902024-04legence_logoLegenceSan JoseCaliforniaUnited StatesP2S Inc.Engineering, Construction Management, BuildingsBlackstoneUndisclosedLegence, backed by Blackstone, has acquired P2S Inc., an engineering and construction management firm with a strong footprint in Seattle, Washington. The deal reinforces Legence as "the premier provider of high performance, low-emissions buildings nationwide," the buyer asserted. Financial terms of the deal were not disclosed.
1892024-04VerdantasVerdantasDublinOhioUnited StatesCT ConsultantsEnvironmental Consulting, EngineeringRTC PartnersUndisclosedVerdantas, backed by private equity firm RTC Partners, has acquired CT Consultants, an environmental consulting and engineering services firm that serves customers in Ohio and Pennsylvania. Financial terms of the deal were not disclosed.
1882024-04LI-CORLI-COR EnvironmentalLincolnNebraskaUnited States OnsetEnvironmental Monitoring, Water Resource ManagementBattery VenturesUndisclosed LI-COR Environmental, backed by private equity firm Battery Ventures, has acquired Onset for environmental monitoring and water resource management technologies. LI-COR gains sensor networks, data acquisition, and cloud-based data monitoring technologies. Financial terms of the deal were not disclosed.
1872024-04adler-allanAdler and AllanHarrogateEnglandUtility LineConsulting, Environmental Services, Independent Connection Provider (ICP), Grid Connection Specialist, EV InfrastructureNoneUndisclosedAdler and Allan has acquired Utility Line, an Independent Connection Provider (ICP) and grid connection specialist focused on commercial electric vehicle (EV) infrastructure. Utility Line, founded in 2021 offers a 'turnkey' solution for specialised electric vehicle charging infrastructure and grid connections, the seller said. Adler & Allan of Harrogate, England, is a consulting firm that offers environmental advisory, maintenance and management services. Financial terms of the deal were not disclosed.
1862024-04Zanders ZandersUtrechtThe NetherlandsRiskQuestConsulting, Risk Management, ESGNoneUndisclosedZanders has acquired RiskQuest, a risk consultancy firm in the Netherlands. RiskQuest's expertise spans credit risk, ESG and financial economic crime. The acquired business has roughly 60 employees. Zanders now has roughly 450 employees overall. Financial terms of the deal were not disclosed. Zanders has M&A experience. The company acquired Optimum Prime in January 2024 and Fintegral in 2023.
1852024-04LinedataLinedataParisFranceDreamQuarkSoftware Development, Financial Services, ESG DataNoneUndisclosedLinedata has acquired DreamQuark, a software developer in the financial services market. DreamQuark's software supports "enhanced advising, strengthened compliance, smart document retrieval, and efficient acquisition of ESG data, all while ensuring proper management of AI-related risks," Lindata said. Financial terms of the deal were not disclosed.
1842024-04wspWSP GlobalMontrealQuebecCanada1A IngenierosConsulting, Utilities, Renewable Energy, Electricity Distribution, Transportation, Sustainable MobilityNoneUndisclosedWSP Global has acquired 1A Ingenieros, a consulting firm that serves power and energy customers in Spain. 1A's expertise spans renewable energy, electricity distribution and transportation, sustainable mobility, the industrial sector, and the environment. Financial terms of the deal were not disclosed.
1832024-04Accenture LogoAccentureDublinIrelandAxis Corp.IT Consulting, Financial Services, SustainabilityNoneUndisclosedAccenture has acquired Axis Corp. of Spain. Accenture gains an IT consulting company with financial services and sustainability expertise. Financial terms of the deal were not disclosed.
1822024-04advik-of-indiaAdvik of IndiaBangaloreIndiaAceleron EnergyLithium Ion BatteriesNoneUndisclosedAdvik of India has acquired Aceleron Energy, a UK-based developer of Li-ion batteries. The move extends Advik ibto the electric vehicle (EV) and energy storage system (ESS) sectors. Financial terms of the deal were not disclosed.
1812024-04Asia-Pacific Investments Ltd.SingaporeMobii Genius co.Data Centers, IT Solutions, SustainabilityAsia-Pacific Investments Ltd.US$202.3 millionAsia-Pacific Strategic Investments (APS), a real estate developer, has acquired Mobii Genius co., a Taiwanese firm specializing in sustainable IT and data center solutions, Singapore Businss Review reported. The purchase price was US$202.3 million.
1802024-04conquest-groupConquest GroupDublinIreland Two mature onshore wind projects in FinlandRenewable Energy, Wind Power, OnshoreConquest GroupUndisclosedFrench asset manager Conquest Group has acquired two mature onshore wind projects with a combined capacity of 182 MW in Finland as its first step in the local renewables market, promising additional development and a sizable investment there, Renewables Now reported.
1792024-04xcelerateltd_logoXcelerateSignapore Stirrup Communications ConsultantsConsulting, ESG Federated Hermes Private EquityUndisclosed Xcelerate of Singapore has acquired Stirrup Communications Consultants, a provider of corporate reporting, ESG and stakeholder communications guidance, The Economic Times reported. Stirrup was previously known as AICL Communications. The acquisition is part of a "clearly delined roll-up strategy," focused on the GRC and ESG segments, the buyer said. Financial terms of the deal were not disclosed. Xcelerate, which is the parent company of Aparajitha, raised $25 million in funding in February 2024. Federated Hermes Private Equity led the round. Altair Capital, Exacta Capital and various individual investors also participated in the round.
1782024-04Synchron SynechronNew YorkNew YorkUnited StatesDreamixIT Consulting, Custom Software Development, Aviation, Transportation, RegTech, FinTech, ESG, HealthcareNoneUndisclosedSynechron has acquired Dreamix, a custom software development company in Sofia, Bulgaria. Dreamix serves such sectors as Aviation, Transportation, RegTech, FinTech, ESG and Healthcare. Financial terms of the deal were not disclosed.
1772024-04Green-Building-RenewablesGreen Building RenewablesLondonUnited Kingdom JL Phillips Renewable Energy LimitedSolar Energy, Renewable PowerNoneUndisclosedGreen Building Renewables has acquired JL Phillips Renewable Energy Limited. The deal aligns with Green Building's goal to become "the largest installer of domestic renewable technology in the UK by 2025."
1762024-04SolarEdge-TechnologiesSolarEdge TechnologiesHerzliyaIsraelWevo EnergySoftware, EV ChargingNoneUndisclosed SolarEdge Technologies has acquired Wevo Energy, a software startup specializing in electric vehicle (EV) charging optimization and management for "sites with large quantities of EV chargers such as apartment buildings, workplace carparks and public charging locations," the buyer said. Financial terms were not disclosed.
1752024-04eqt-group-growth-private-equity-venture-capital-pe-vcEQT Private EquityNew YorkNew YorkUnited StatesAvettaSupply Chain Management, Risk Management, SoftwareEQT Private EquityUndisclosedEQT Private Equity is acquiring Avetta, a developer of supply chain risk management software. Avetta's SaaS platform has enabled clients to "manage supply chain risks across health, safety, and sustainability," EQT said. The seller was Welsh, Carson, Anderson & Stowe (WCAS). Financial terms of the deal were not disclosed.
1742024-04Aspen-PowerAspen PowerNew YorkNew YorkUnited StatesEight ground-mounted solar projects in Pennsylvania and New York StateSolar Power, Renewable EnergyNoneUndisclosedAspen Power has acquired eight ground-mounted solar projects in Pennsylvania and New York State from Solar Site Developers. The sites total more than 41 megawatts of direct current (MWdc) projects. Financial terms of the deal were not disclosed.
1732024-04mitsubishielectric_logoMitsubishi ElectricChiyoda-kuTokyoJapanAIRCALOHVAC SystemsNoneUndisclosedMitsubishi Electric has acquired AIRCALO, an air-conditioning company in France. The acquisition allows Mitsubishi to" expand and upgrade its hydronic HVAC systems business in the diversifying European market, including by meeting strong demand for made-to-order products and environmental awareness," the buyer said.
1722024-04Korea-Zinc Korea Zinc Inc.SeoulSouth KoreaKataman MetalsScrap Metals, RecyclingNone$55 millionKorea Zinc Inc. has acquired Kataman Metals, a US-based scrap metal trading company, at $55 million to expand the recycling business, KED Global reported.
1712024-04Accenture LogoAccentureDublinIrelandIntellera ConsultingProfessional Services, Sustainable IT, ItalyNoneUndisclosedAccenture has acquired Intellera Consulting from Gyrus Capital. Interella is a professional services provider in Roma and Milan, Italy. The company has 1,400 employees focused on public service organizations that need more sustainable, agile and inclusive IT systems. Financial terms of the deal were not disclosed. This is Accenture's third IT services acquisition in Italy in recent months. The others involved Customer Management IT and SirfinPA.
1702024-04NV5 NV5 GlobalHollywoodFloridaUnited StatesASG Engineering ConsultantsSustainable Building DevelopmentNoneUndisclosedNV5 Global, which specializes in sustainable building development, has acquired ASG Engineering Consultants -- a provider of structural engineering, permitting, and compliance services in Dubai, United Arab Emirates (UAE). Financial terms of the deal were not disclosed.
1692024-04Montrose Environmental GroupMontrose Environmental GroupNorth Little RockArkansasUnited StatesEngineering & Technical Associates (ETA)Process Safety Management, PSMNoneUndisclosedThe buyer said: "Montrose Environmental Group (NYSE: MEG), a premier environmental solutions company, today announced the acquisition of Engineering & Technical Associates, Inc. (“ETA”), a leader in Process Safety Management (PSM). ETA will join Montrose’s Assessment, Permitting & Response segment."
1682024-04the heico-companies logoThe Heico CompaniesCambridgeOntarioCanadaCM ShreddersTire RecyclingNoneUndisclosedThe Heico Companies has acquired CM Shredders of Sarasota, Florida. CM will tuck into Shred-Tech Corp. Financial terms of the deal were not disclosed.
1672024-04apollo_global_management_inc_logoApolloNew YorkNew YorkUnited StatesPanasonic Automotive SystemsAutomotive Systems, In-Vehicle ElectronicsApolloTotal enterprise value of ¥311 billionApollo is acquiring a majority stake in Panasonic Automotive Systems Corp. The deal has a total enterprise value of ¥311 billion. Panasonic will retain a minority stake in the company. The deal is expected to close in at the end of Q1 in 2025.
1662024-04Open-Equity-Partners-2One Equity PartnersNew YorkNew YorkUnited States Acteon GroupMarine Energy, Infrastructure SolutionsOne Equity PartnersUndisclosed One Equity Partners has acquired Acteon Group, an international marine energy and infrastructure solutions company. Acteon installs, maintains and removes marine infrastructure -- including offshore renewable energy, nearshore construction and oil and gas facilities. Financial terms of the deal were not disclosed.
1652024-04isscorporatesolutions_logoISS-Corporate SolutionsBostonMassachusettsUnited StatesCelsiaSaaS, Software, Carbon Reporting, Sustainability Reporting, CSRDNoneUndisclosedISS-Corporate Solutions has acquired Celsia, a SaaS startup that develops corporate sustainability reporting software. Financial terms of the deal were not disclosed.
1642024-04wspWSP GlobalMontrealCanada1A IngenierosConsulting, Energy Sector, Renewable EnergyNoneUndisclosedWSP Global has acquired 1A Ingenieros, a consulting firm that serves power and energy customers in Spain. 1A's expertise spans renewable energy, electricity distribution and transportation, sustainable mobility, the industrial sector, and the environment. Financial terms of the deal were not disclosed.
1632024-04rgp_logoResources Connection Inc. (aka RGP)IrvineCaliforniaUnited States Reference Point LLCConsulting, Risk ManagementNoneUndisclosedResources Connection Inc., a global consulting firm also known as RGP, is acquiring Reference Point LLC -- a strategy, management, and technology consulting firm focused on the financial services sector. Key areas of expertise span Strategy & Management, Risk & Regulatory Compliance, Digital & Technology and Data & Analytics.
1622024-04slbdigital_logoSLBHoustonTexasUnited StatesAker Carbon Capture (ACC)Carbon CaptureNoneUndisclosed SLB has acquired Aker Carbon Capture (ACC). The business will tuck into SLB's own carbon capture company.
1612024-04descartes_systems_group_logoDescartes Systems GroupWaterlooOntariooCanadaOCR ServicesSupply Chain Management, Logistics, Cloud Services, SoftwareNone$90 million Descartes Systems Group has acquired OCR Services for roughly $90 million. Descartes specializes in cloud-based logistics and supply chain management solutions.
1602024-04morgan-stanleyMorgan Stanley Capital PartnersNew YorkNew YorkUnited StatesResource InnovationsConsulting, Energy Efficiency, Grid Modernization, SustainabilityMorgan Stanley Capital PartnersUndisclosedMorgan Stanley Capital Partners, the private equity arm of the financial services giant, has acquired Resource Innovations, a consultancy focused on energy efficiency, sustainability and grid resiliency. The seller was mid-market private equity firm BV Investment Partners. Financial terms of the deal were not disclosed.
1592024-04ATOZATOZ Tax AdvisersSenningerbergLuxembourgDeveco SustainabilityConsulting, SustainabilityNoneUndisclosedATOZ Tax Advisers has acquired Deveco Sustainability, a strategic and operational consulting firm based in Luxembourg. Financial terms of the deal were not disclosed.
1582024-03enviromenaEnviromenaReadingUnited KingdomSolar farm in Medebridge, Essex, United KingdomSolar Projects, Renewable EnergyArjun Infrastructure PartnersUndisclosedEnviromena, backed by Arjun Infrastructure Partners, has acquired a solar farm in Medebridge, Essex, United Kingdom. The solar farm, expected to open in the summer of 2025, will provide electricity to more than 26,000 homes and preventing the emission of over 13,500 tonnes of CO2 each year, Enviromenta said.
1572024-03PayneticsPayneticsSofiaBulgariaNovusE-Commerce, ESGNoneUndisclosed Paynetics has acquired Novus to "amplify" the buyer's ESG mission. Financial terms were not disclosed.
1562024-03atlantica_sustainable_infrastructure_logo

Atlantica Sustainable Infrastructure

LondonUnited KingdomTwo wind assets in Scotland, United Kingdom.Wind Power, Renewable EnergyNone$66 millionhas acquired two wind assets in Scotland, United Kingdom. The purchase price was $66 million.
1552024-03honeywell

Honeywell

CharlotteNorth CarolinaUnited States

Civitanavi Systems

Autonomous TechnologiesNone€200 million4. M&A: Honeywell is acquiring Civitanavi Systems for €200 million in cash. The acquisition will help customers create autonomous operations in aircraft and other vehicles, Honeywell said. The deal is expected to close in Q3 of 2024, the buyer said.
1542024-03Anthesis

Anthesis

LondonUnited Kingdom

Given

Consulting, SustainabilityCarlyleUndisclosedFrom the buyer: "Anthesis, the largest group of dedicated sustainability professionals globally, announces that Given, an award-winning purpose consultancy, has merged with the business."
1532024-03EpigridEIPGRIDSeoulSouth KoreaMirae & HwangyungEnergy as a Service, Virtual Power PlantsNoneUndisclosedEIPGRID has acquired Mirae & Hwangyung. The deal focuses on Virtual Power Plant and Energy-as-a-Service opportunities. Financial terms of the deal were not disclosed.
1522024-03Park-Place-Technologies

Park Place Technologies

ClevelandOhioUnited States

SDV Solutions

IT Services, Data Center Infrastructure, IT Lifecycle Management, ITLM, GovernmentNoneUndisclosedPark Place Technologies has acquired SDV Solutions, which provides data center infrastructure solutions exclusively to Federal Government agencies. Park Place has been expanding its data center services to include sustainability capabilities.
1512024-03BlueplanetBlue Planet Environmental SolutionsSingaporeVac-Tech EngineeringHazardous Waste ManagementNoneUndisclosed Blue Planet Environmental Solutions has acquired Vac-Tech Engineering Pte, a provider of hazardous waste management and transportation. Financial terms of the deal were not disclosed.
1502024-03Southwest AirlinesSouthwest AirlinesDallasTexasUnited StatesSAFFiRE RenewablesSustainable Aviation Fuel, SAFNoneUndisclosedSouthwest Airlines has acquired SAFFiRE Renewables. SAFFiRE is part of a project supported by the Department of Energy (DOE) to develop and produce scalable renewable ethanol that can be upgraded into SAF. Financial terms of the deal were not disclosed.
1492024-03BP-PulseBP PulseMilton KeynesEnglandA major European truckstopEV Charging Networks, Transportation, Energy TransitionNoneUndisclosedBP Pulse has acquired one of Europe’s largest truck stops as part of a plan to expand its EV charging network for Heavy Goods Vehicles (HGVs). The seller is GSE Group. Financial terms of the deal were not disclosed.
1482024-03ArdianArdianParisFranceVerneData Centers, Green ITArdianUndisclosedThe buyer stated: Founded in 2012, Verne addresses a large and fast-growing market in Northern Europe, where it has consistently delivered access to cost-effective renewable energy and international connectivity spanning Europe and North America for its international clients.
1472024-03SolarBankSolarBankTorontoOntarioCanadaSolar Flow-Through Funds (SFF)Solar Power, Renewable EnergyNone$45 MillionSolarBank is acquiring Solar Flow-Through Funds (SFF) for $41.8 million. Solar Flow-Through owns 70 operating solar sites located in Ontario. SFF also owns and is constructing three battery energy storage system projects in Ontario.
1462024-03Recurrent EnergyRecurrent EnergyAustinTexasUnited StatesSolar portfolio south of SpainSolar Energy, Renewable PowerNoneUndisclosedRecurrent Energy, a subsidiary of Canadian Solar, has acquired a solar PV portfolio in the south of Spain with a capacity of more than 420 MWp. The portfolio is expected to produce approximately 916,000 MWh of clean energy each year, servicing the needs of more than 275,000 homes in the region and displacing approximately 184,000 tons of CO2 emissions, Recurrent Energy said. Financial terms of the deal were not disclosed.
1452024-03Accenture LogoAccentureDublinIrelandFlo GroupOracle, Applications, Supply Chain Management, LogisticsNoneUndisclosedAccenture has acquired Flo Group, a European consultancy and Oracle business partner specializing in global supply chain logistics. We'll be watching to see if or how the Flo Group team assists customers with sustainable supply chain projects. Financial terms of the deal were not disclosed.
144 & 1432024-03ServiceNowServiceNowSanta ClaraCaliforniaUnited States4Industry and Smart Daily ManagementSoftware, IT Consulting, ITSM, Manufacturing, Energy, Transport, LogisticsNoneUndisclosedServiceNow is acquiring 4Industry and Smart Daily Management. The acquisitions boost ServiceNow's technology and consulting expertise in such vertical markets as manufacturing, energy and transport & logistics. 4Industry is a Netherlands-based partner whose manufacturing technology application is built on the Now Platform. Smart Daily Management is a connected digital worker application from EY. Financial terms of the acquisitions were not disclosed.
1422024-03Balcones RecyclingCircular Services & Balcones RecyclingNew YorkNew YorkUnited StatesMidwest Fiber RecyclingRecyclingClosed Loop PartnersUndisclosed Circular Services has acquired Midwest Fiber Recycling -- which has multiple facilities in Illinois and Indiana. Financial terms of the deal were not disclosed. The acquired business will tuck into Balcones Recycling -- a Circular Services company. Balcones Recycling now operates 18 materials recovery facilities across the U.S., including five from Midwest Fiber.
1412024-03KKRKKRNew YorkNew YorkUnited StatesEnvavisRenewable EnergyKKR$3.06 billionKKR plans to acquire German energy company Envavis for $3.06 billion or so, the private equity firm disclosed.
1402024-03KKRKKRNew YorkNew YorkUnited StatesAvantus,Solar Power, Energy Storage, Renewable EnergyKKR and EIG Partners UndisclosedKKR has acquired Avantus, a U.S.-based developer of solar and energy storage projects. EIG Partners will also have a stake in Avantus. KKR and EIG are committed to pumping roughly $1 billion into Avantus to fuel the renewable energy company's growth. Financial terms and valuation information for the acquisition were not disclosed.
1392024-03WattifWattifBergenNorwayLaddelEV Charging NetworksMargueriteUndisclosedWattif, backed by sustainability investor Marguerite, has acquired Laddel, a ChargePoint operator in Kristiansand, Norway. Financial terms of the deal were not disclosed.
1382024-03totalenergies

TotalEnergies E&P USA

CourbevoieFranceTalos Low Carbon Solutions (TLCS)Carbon Capture and Sequestration (CCS)None$148 million (approximately) TotalEnergies E&P USA has acquired Talos Low Carbon Solutions (TLCS) from Talos Energy for roughly $148 million. The deal includes the entire Talos carbon capture and sequestration (CCS) business.
1372024-03ESG provides energy SaaS solutionsESGEuxtonChorleyEnglandWhitestarSoftware, SaaS, Data, Analytics, Energy ManagementNoneUndisclosedESG, a developer of SaaS-based energy solutions, has acquired Whitestar, a provider of infrastructure planning, data and software products for green energy, oil & gas, utility, telco, rail, mining, and forestry services. Financial terms of the deal were not disclosed.
1362024-03True_EnvironmentalTrue EnvironmentalNew YorkNew YorkUnited StatesSundance ConsultingEnvironmental ConsultingHalle CapitalUndisclosedTrue Environmental, backed by private equity firm Halle Capital, has acquired Sundance Consulting, a full-service environmental consulting firm. Financial terms of the deal were not disclosed.
1352024-03Hillmann ConsultingHillmann ConsultingUnionNew JerseyUnited StatesAbraxas Energy ConsultingConsulting, Energy Efficiency, Consulting, & Auditing industryNoneUndisclosed Hillmann Consulting has acquired Abraxas Energy Consulting. Financial terms of the deal were not disclosed.
1342024-03stonepeak StonepeakNew YorkNew YorkUnited StatesU.S. wind farms from ØrstedWind Power, Renewable Energy Stonepeak$300 million Stonepeak will acquire U.S. wind farms from Ørsted for $300 million. Ørsted will continue to operate the assets, which span four wind farms across three states: The Ford Ridge Wind project in Illinois; the Helena Wind and Western Trail Wind projects in Texas; and the Sunflower Wind project in Kansas.
1332024-03BlackRockBlackRockNew YorkNew YorkUnited States38 solar energy and solar plus storage projects from Excelsior Energy Capital.Solar Energy, Power Storage, Renewable EnergyBlackRockUndisclosed BlackRock has acquired 38 solar energy and solar plus storage projects from Excelsior Energy Capital. Financial terms were not disclosed.
1322024-03VerdantasVerdantasDublinOhioUnited StatesLewandowski EngineersEngineering, ConsultingRTC PartnersUndisclosed Verdantas, backed by private equity firm RTC Partners, has acquired Lewandowski Engineers. This acquisition expands Verdantas into the Great Lakes Area. Financial terms of the deal were not disclosed.
1312024-03GridstorGridStorPortlandOregonUnited StatesA battery energy storage project in Galveston County, Texas. Energy Storage, Battery TechnologyGoldman Sachs Asset ManagementUndisclosed GridStor, backed by Goldman Sachs Asset Management, has acquired a battery energy storage project in Galveston County, Texas. The project, slated to begin construction in Summer 2024, has an anticipated on-line date of Spring 2025. Financial terms were not disclosed.
1302024-03Lyondellbasell_400x400LyondellBasellHoustonTexasUnited StatesMechanical recycling assets from PreZeroRecyclingNoneUndisclosedLyondellBasell has acquired various mechanical recycling assets from PreZero, a global recycling and waste management service provider. The transaction includes leasing the processing facility in Jurupa Valley, Calif., which has a production capacity of approximately 50 million pounds per year for recycled materials, the buyer said. Financial terms of the deal were not disclosed.
1292024-03everag_logoEver.AgLewisvilleTexasUnited StatesIntegrated Control & Information SystemsSoftware, Energy Management, Food SystemsNoneUndisclosedEver.Ag has acquired Integrated Control & Information Systems and their Plant Energy product suite (rebranded as Ever.Ag Energy Manager). The software includes "advanced energy management and sustainability solutions in the dairy and distilling industries." Financial terms of the deal were not disclosed.
1282024-03tetra_tech_logoTetra TechPasadenaCalforniaUnited StatesLS TechnologiesEngineering, ConsultingNoneUndisclosedTetra Tech has acquired LS Technologies, a provider of government technology and management consulting services. Tetra Tech specializes in water, environment and sustainable infrastructure services.
1272024-03CapgeminiCapgeminiParisFranceThe digital twin professional services business from UnityDigital Twin SoftwareNoneUndisclosedCapgemini will acquire the digital twin professional services business from Unity. Customers often use digital twin software to simulate various energy and carbon footprint scenarios for their physical products and infrastructure.
126 & 1252024-03MaireTecnimontNextChem (MaireTecnimont)MilanItaly80% of HyDep and 100% of Dragoni Group for €3.6 million (US$3.9 million)Sustainability, Energy TransitionNone€3.6 million (US$3.9 million) NextChem will acquire 80% of HyDep and 100% of Dragoni Group for €3.6 million (US$3.9 million). NextChem also has the option to potentially acquire the remaining 20% stake in HyDep. The acquisitions will "further strengthen" NextChem's green hydrogen expertise.
1242024-03Grenbox GroupGreenbox GroupLyttonQueenslandAustraliaRemark ITITAD, IT Asset Disposition, E-Waste Reduction, Asset Recovery, Reverse LogisticsNoneUndisclosedAustralian sustainable technology lifecycle management firm Greenbox Group has acquired sustainable technology firm Remark IT, CRN reported.
1232024-03atnorth_logoatNorthReykjavikIcelandGomputeData CentersPartners GroupUndisclosedatNorth, a Nordic provider of sustainable data center services, has acquired Gompute, a High Performance Computing (HPC) provider. The deal, completed in 2023, allows atNorth to further scale its services for AI and high-performance workloads, BNN reported.
1222024-03cee-group CEE GroupHamburgGermanyA solar park in Brandenburg, Germany. Solar Projects, Renewable Energy CEE GroupUndisclosedThe CEE Group has acquired a solar park in Brandenburg, Germany. Financial terms of the deal were not disclosed. The CEE Group now owns 54 solar and 47 wind parks. CEE Group can now supply green energy to 885,300 households, roughly equivalent to Munich, Germany's size, thereby preventing nearly 1.5 million tons of CO2 emissions annually, the company said.
1212024-03Revolve-Renewable-PowerRevolve Renewable Power Corp.VancouverCanadaWindRiver PowerWind Power, Hydro Power, Renewable EnergyNoneC$4.85 million up front; C$14 million potential earn-outRevolve Renewable Power Corp. has acquired WindRiver Power, a Canadian-based owner, operator and developer of wind and hydro projects in the Provinces of British Columbia and Alberta. Revolved paid C$4.85 million up front in cash. Revolve may pay an additional $14 million if certain acquired projects achieve various business metrics. Revolve has also agreed to pass through contingent payments of up to C$5.7 million expected to be received by WindRiver from development assets previously sold to third parties by WindRiver.
1202024-03learndLearndManchesterUnited KingdomBG Energy SolutionsBuilding Energy Management, ESGNoneUndisclosed learnd Limited has acquired BG Energy Solutions, a provider of building energy management services in Europe. We don't know the deal's valuation.
1192024-03ProKontrolProKontrolLavalQuebecCanada Carostan ControlsDistribution, HVACNoneUndisclosedProKontrol, a national distributor of HVAC/R control equipment for commercial buildings, has acquired Carostan Controls. Both companies are based in the Greater Montreal Area, HPAG Mag reported. Financial terms of the deal were not mentioned.
1182024-03Montrose Environmental GroupMontrose Environmental GroupLittle RockArkansasUnited StatesTwo Dot ConsultingEnvironmental ConsultingNoneUndisclosed Montrose Environmental Group has acquired Two Dot Consulting, an environmental consultancy specializing in regulatory services to the oil and gas, and renewables sectors in the Rocky Mountain and adjacent regions. Financial terms of the deal were not disclosed.
1172024-03strabag-propertyStrabag Property and Facility ServicesFrankfurtGermanyTriburuzek Group of AustriaHeat Pumps, Heating System DeploymentsNoneUndisclosedStrabag Property and Facility Services of Germany has acquired Triburuzek Group of Austria. The acquired business which specializes in heat pump and heating system deployments.
1162024-03MitsubishiMitsubishiMinato CityTokyoJapan65% of two data centers in Dallas, TexasData CentersNone$200M for 65%; so roughly $300M total valuationMitsubishi paid $200 million to acquire 65% of two data centers that are under construction in Dallas, Texas. Digital Realty, which has a 35% stake in the projects, will operate both sites. Each partner will "fund its pro rata share of the remaining $100 million estimated development cost for the first phase of the project, which is slated for completion and commencement in late 2024." Alas, the companies did not say if the data centers will leverage renewable energy.
1152024-03GroqGroqMountain ViewCaliforniaUnited StatesDefinitive IntelligenceAI, Artificial IntelligenceNoneUndisclosed: Groq has acquired Definitive Intelligence. The Definitive Intelligence team has "already been working closely with Groq to build GroqCloud, a new developer playground with fully integrated documentation, code samples, and self-serve access.
1142024-03T4 GroupT4 GroupInvercargillNew ZealandEast Tamaki Data Centre's assets from KyndrylData CentersNoneUndisclosedFrom Data Center News: "New Zealand's co-location Data Centre operator, T4 Group, has announced a significant step towards its commitment to sustainability, security, and resilience with the acquisition of East Tamaki Data Centre's assets from Kyndryl, the world's largest IT infrastructure services provider. Both Kyndryl and T4 Group promise a smooth transition for the data centre clients."
1132024-03BlueplanetBlue Planet Environmental SolutionsSingaporeRecycle Force LimitedRecycling, Waste ManagementNoneUndisclosedFrom the buyer: "Blue Planet Environmental Solutions Pte. Ltd. (Blue Planet®) a leading global pioneer in sustainable waste management solutions has announced the strategic acquisition of Recycle Force Limited (RFL) a waste management company based in UK. The acquisition marks a significant milestone in Blue Planet’s mission to revolutionize the waste management landscape worldwide."
1122024-03DanosDanos Group HoldingsGrayLouisanaUnited StatesPerformance Energy Services (PES)Energy Services, Oil and GasNoneUndisclosedFrom the buyer: "On Tuesday, March 5, Danos Group Holdings finalized the acquisition of Performance Energy Services (PES), a 24-year-old Houma, LA-based company. The acquisition includes all PES business units, the Houma administrative office, and waterfront operations facility."
1112024-03AnthesisAnthesis GroupLondonUnited KingdomBuzzWordSustainability, Consulting, PR, CommunicationsCarlyleUndisclosedAnthesis, backed by global investment firm Carlyle, has acquired sustainability reporting consultancy BuzzWord. Financial terms of the deal were not disclosed.
110 & 1092024-03ERMERMLondonUnited Kingdom The Big Middle and The Big ZeroSustainability, Consulting, Oracle, Salesforce Net Zero CloudNoneUndisclosedERM, which positions itself has the world's largest sustainability consultancy, has acquired The Big Middle and The Big Zero -- two enterprise systems integrators that partner closely with Salesforce, Oracle and WalkMe. Financial terms for the acquisitions were not disclosed.
1082024-03aws-400-400

Amazon Web Services (AWS)

SeattleWashingtonUnited States

A nuclear powered, carbon-free data center campus from Talen Energy Corp.

Data Centers, Cloud ServicesNone$650 millionAmazon Web Services (AWS) has acquired a nuclear powered, carbon-free data center campus from Talen Energy Corp. for $650 million. Talon will receive $350 million upfront, and $300 million assuming the campus achieves expected development milestones in 2024.
1072028-02Apax Partners

Apax Partners

LondonUnited Kingdom

Integrated Environmental Solutions (IES)

Building Decarbonization, ConsultingApax PartnersUndisclosedPrivate equity firm Apax Partners has acquired Integrated Environmental Solutions (IES), a technology solutions provider, consulting firm and digital twins specialist that helps customers to decarbonize buildings, communities and cities. Financial terms of the deal were not disclosed.
1062024-02CDPQ-LogoCDPQQuebecQuebecCanada80% stake in a solar power generation plant in JapanSolar Energy, Solar Power, Renewable Energy, JapanNoneUndisclosedCDPQ, a global investment group, has acquired an 80% stake in a solar power generation plant in Japan, alongside its portfolio company Shizen Energy. Financial terms of this particular investment were not disclosed.
1052024-02Sustainable Energy GroupCuraScientificSacramentoCaliforniaUnited StatesSustainable Energy Group Inc.Solar Energy, Solar Power, Renewable Energy, Consulting, Residential, CommercialNoneUndisclosedCuraScientific has acquired Sustainable Energy Group Inc., a provider of solar energy solutions that generates roughly $3.5 million in annual sales. Financial terms of the deal were not disclosed.
1042024-02ABBABB GroupZurichSwitzerlandSEAM GroupElectrical, Technologies, ConsultingNoneUndisclosedABB is acquiring SEAM Group, a provider of energized asset management and advisory services to clients across industrial and commercial building markets. ABB specializes in technology, electrification and automation. The company has 105,000 employees. SEAM has roughly 250 employees and supports more than 1 million energized assets for over 800 active clients operating across North America, EMEA and Asia. Key focus areas include commercial buildings, data centers, healthcare, manufacturing, and EV charging infrastructure. Financial terms of the deal were not disclosed.
1032024-02starwood_capital_group_logoStarwood Capital GroupMiami BeachFloridaUnited States50% stake in Echelon Data CentresData Centers, Green IT, SustainabilityStarwood Capital GroupEchelon has an an enterprise value of roughly €2.5 billion (US$2.7 billion).Starwood Capital Group has acquired a 50% stake in Echelon Data Centres, a sustainability-focused data center infrastructure provider in Ireland and the United Kingdom. The investment, involving roughly US$850 million, gives Echelon an enterprise value of roughly €2.5 billion (US$2.7 billion).
1022024-02Blue PlanetBlue Planet Environmental SolutionsSingapore Mahindra Waste to Energy Solutions Limited (MWTESL)Waste Management, Energy ProductionNoneUndisclosed Blue Planet Environmental Solutions has acquired a majority stake in Mahindra Waste to Energy Solutions Limited (MWTESL), a subsidiary of the Mahindra Group. The deal will boost Blue Planet's sustainable energy production and waste management capabilities, the buyer said. Financial terms of the deal were not disclosed. The acquisition surfaced two months after Blue Planet raised $35 million in December 2023 to fund operations in India.
1012024-02ContolloContollo GroupManchesterUnited KingdomAbacusSmart Buildings, ConsultingNorthEdgeUndisclosed Contollo Group, backed by the private equity firm NorthEdge, has acquired Abacus. Contollo is a newly formed smart building consultancy that assists United Kingdom customers with energy efficiency, carbon reduction and sustainability initiatives. Abacus is a cost management consultancy offering quantity surveying, project management, and technical services, including due diligence, technical assurance, and fund monitoring to the construction sector. Financial terms of the deal were not disclosed.
1002024-02ClearesultCLEAResultAustinTexasUnited StatesEnergeticsSustainability, Consulting, GovernmentTPGUndisclosedFrom the buyer: "This strategic acquisition will bring 120 energy and sustainability experts to the CLEAResult team, expanding its capabilities to provide comprehensive energy transition and carbon consulting services, including deep expertise supporting the federal government."
0992024-02WAP Sustainability ConsultingWAP Sustainability Consulting NashvilleTennesseeUnited States Atmos AIMSP, Sustainability, Consulting, Carbon AccountingNoneUndisclosed WAP Sustainability Consulting has acquired Atmos AI, a startup focused on ESG reporting software. Financial terms of the deal were not disclosed.
0982024-02SolarSquareSolarSquareMumbaiIndiaPV DiagnosticsSolar Energy, Solar Power, Renewable Energy, ConsultingNoneUnidsclosed SolarSquare, a rooftop solar company based in Mumbai, India, has acquired solar consultancy PV Diagnostics, according to Mercom. Financial terms of the deal were not disclosed.
097, 0962024-02global_infrastructure_partners_logoGlobal Infrastructure Partners (GIP)New YorkNew YorkUnited States 50% ownership share in South Fork Wind and Revolution WindOffshore Wind, Renewable EnergyGlobal Infrastructure Partners (GIP)$1.1 billion in cash from the 50% stakes Eversource Energy has agreed to sell its 50% stake in two US offshore wind projects to Global Infrastructure Partners LP, moving closer to its goal of exiting the industry, Bloomberg reported. Eversource will realize $1.1 billion in cash proceeds for the stakes in the South Fork and Revolution projects, the report said. The sale is expected to close in mid-2024.
0952024-02Accenture LogoAccentureDublinIrelandInsight SourcingSupply Chain Management, Energy Management, Product Sourcing, Energy Sourcing, Procurement ServicesNoneUndisclosedAccenture is acquiring Insight Sourcing, a provider of strategic sourcing and procurement services -- particularly for private equity customers. The deal also includes Insight Energy -- an energy procurement and management business. Financial terms of the deal were not disclosed.
0942024-02Sam-RileySam RileySydneyAustraliaAnsarada's early-stage ESG software business.ESG, SoftwareNone$500,000Ansarada CEO Sam Riley has agreed to acquire Asarada's ESG software assets as a carveout for $500,000.
0932024-02DatasiteDatasiteMinneapolisMinnesotaUnited StatesAnsarada GroupM&A SoftwareNoneImplied equity value of $263.3 million Datasite is acquiring Ansarada Group for an implied equity value of $263.3 million, Business News Australia reported. Ansarada Group develops a SaaS platform that allows customers to "securely managing critical information, workflow and collaboration in high stakes processes like deals, risk, compliance, board governance and procurement." However, the M&A deal excludes Ansarada's early-stage ESG software business. As a result, Ansarada CEO Sam Riley has agreed to acquire those assets as a carveout for $500,000.
0922024-02Ascent TechnologiesAscent TechnologiesChicagoIllinoisUnited StatesWaymark Compliance Management, Workflow Automation, SoftwareEdgewater Equity PartnersUndisclosedFrom the buyer: "Ascent Technologies, a leading provider of AI-enabled compliance automation solutions for financial services companies, today announced it has acquired Waymark, a UK-based provider of horizon scanning and compliance management workflow solutions. This strategic move follows Ascent's recent acquisition by Edgewater Equity Partners. The integration of Ascent and Waymark creates a comprehensive solution for horizon scanning and obligations management, establishing a new benchmark for managing regulatory risk."
0912024-02Ascent TechnologiesEdgewater Equity PartnersChicagoIllinoisUnited StatesAscent TechnologiesCompliance Automation, SaaS, SoftwareEdgewater Equity PartnersNoneFrom the buyer: "Ascent Technologies, an innovator and leading provider of AI-enabled compliance automation solutions for financial services companies, today announced its acquisition by Edgewater Equity Partners, a private equity firm based in Boston. This strategic acquisition positions Ascent to accelerate development of its compliance automation platform and deliver even greater value to its customers."
0902024-02HSL ComplianceHSL ComplianceHerefordshireUnited KingdomPlexus InnovationLegal Compliance, RMM Software, Water MonitoringNoneUndisclosed HSL Compliance has acquired Plexus Innovation, a provider of IoT technology and remote monitoring solutions. The technology will enable HSL to "accurately monitor its clients’ individual water assets remotely, alerting them to issues as they arise and allowing the business’ expert engineers to take targeted action to resolve." Financial terms of the deal were not disclosed. This is HSL's fourth acquisition in less than two years. Earlier acquisitions involved Jordan Environmental, DMA Canyon and Chemical Treatment Services.
0892024-02Standard SolarStandard SolarRockvilleMarylandUnited StatesAcquired an 84-megawatt community solar portfolio in Illinois.Solar Energy ProjectsNoneUndisclosed Standard Solar has acquired an 84-megawatt community solar portfolio in Illinois. The seller was New Leaf Energy. Financial terms of the deal were not disclosed.
0882024-02Thoma BravoThoma BravoChicagoIllinoisUnited StatesEQS GroupSaaS, Applications, Compliance Software, ESG SoftwareThoma Bravo$430.9 million or roughly 40X original EBITDA expectations for 2023EQS Group, founded in 2000, is based in Munich, Germany. The company, backed by roughly 600 employees, develops a cloud-based software platform that allows customers to manage corporate compliance and investor relations tasks. The software also allows customers to comply with the German Whistleblower Protection Act. More than 2,800 new customers adopted EQS's software in 2023 to comply with that act, the company said in December 2023. EQS Group launched a dedicated ESG software group led by Deloitte Germany veteran Thomas Krick, EQS Group disclosed in May 2022.
0872024-02Swire EnergySwire Renewable Energy A/SAarusDenmarkObelisk Energy Services Ltd.Renewable EnergyNoneUndisclosedSwire Renewable Energy A/S, a subsidiary of the Swire Group specializing in renewable energy maintenance and services, has acquired Obelisk Energy Services Ltd. and its affiliated companies in South Africa and Ireland. Obelisk has supported more than 200 renewable energy development sites and 20+ windfarms in South Africa since 2010. The company provides wind measurement services, HS&E advisory services, statutory inspections, operational maintenance services and blade and tower services, as part of its product portfolio.
0862024-02swellSwell EnergyMonicaCaliforniaUnited StatesRenu Energy SolutionsSolar Energy, StorageNoneUndisclosed Swell Energy has acquired Renu Energy Solutions, a provider of customized residential and commercial solar and energy storage solutions. The combination delivers a "bicoastal presence to enable the deployment of Virtual Power Plants (VPPs) in key energy markets," Swell Energy said. Financial terms of the deal were not disclosed.
0852024-02Looking-Glass-Labs Looking Glass LabsVancouverBritish ColumbiaCanadaBot Media Corp., CarbonBot and ClimateBot. MediaNone$765,000 in stock Looking Glass Labs is acquiring Bot Media Corp. for $765,000 in stock. The acquisition includes carbon.bot (CarbonBot) and climate.bot (ClimateBot). CarbonBot a digital platform that tracks news related to climate-focused companies and generates articles using AI, incorporating capabilities of ChatGPT. ClimateBot is a web-based digital tool offering a range of calculators to evaluate various environmental impacts, focusing on carbon footprint assessments, the buyer said.
0842024-02HolcimHolcimZugSwiterlandZincoSolar Energy, RoofingNoneUndisclosed Holcim has acquired ZinCo, a provider of green roofing systems. ZinCo, based in Germany, has operations across Europe, Asia and the Americas. Financial terms of the deal were not disclosed.
0832024-02Nautilus-SolarNautilus Solar EnergySummitNew JerseyUnited StatesSolAmerica EnergySolar Energy ProjectsNoneUndisclosed Nautilus Solar Energy has acquired a 12.7 MW portfolio of community solar projects from SolAmerica Energy. The projects, located in Canton, New York, are expected to be fully operational in 2024. Once completed, the community solar projects will provide clean energy to power over 1,800 residential subscribers within the National Grid utility territory. Financial terms of the deal were not disclosed.
0822024-02Clean-HarborsClean HarborsNorwellMassachusettsUnited StatesHEPACOEnvironmental ServicesNone$400 million; 7.1X annual EBITDA based on expected post-acquisition synergies. Clean Harbors is acquiring HEPACO from Gryphon Investors for $400 million in cash. HEPACO provides specialized environmental and emergency response services in the Eastern United States. The deal's valuation is roughly 7.1X annual EBITDA based on expected post-acquisition synergies. The acquisition is expected to close in the first half of 2024.
0812024-02advanced_industrial_devices_logoAdvanced Industrial Devices (AID)TulsaOklahomaUnited StatesR.S. Integrators Inc. (RSI)Industrial, ElectrificationBlack Bay Energy CapitalUndisclosedFrom the buyer: "RSI designs and manufactures electric motor control systems and power distribution panels for the water utility, wastewater, and various other industrial markets, the buyer noted. The combined businesses will "continue to capitalize on the trend of industrial electrification", delivering a world-class standard of excellence, technical expertise, high-quality customer service, and a geographic footprint for end-users to" to help customers "achieve business efficiency, sustainability, and decarbonization goals," the companies said. Financial terms of the deal were not disclosed."
0802024-02SERISERIWashingtonD.C.United StatesE-Reuse Conference (to be rebranded as the Electronics Sustainability Summit)Conferences, Electronics, SustainabilityNoneUndisclosedFrom the buyer: "SERI, a 501(c)(3) nonprofit electronics sustainability organization based in the United States announced today that it has acquired the E-Reuse Conference from E-Reuse Services, and beginning with the fall 2024 event, will rebrand the conference to launch the new Electronics Sustainability Summit."
0792024-02BAE SystemsBAE SystemsFalls ChurckVirginiaUnited StatesMalloy AeronauticsDrones, Aeronautics, Sustainable MobilityNoneUndisclosedFrom the buyer: "BAE Systems and Malloy Aeronautics engineers have been collaborating to develop the 300kg T-650 all-electric ‘heavy lift’ UAS as a potential new solution to deliver cost-effective, sustainable rapid response capability to military, security and civilian customers. "
0782024-02DanfossDanfossNordborgDenmark1500 VCD Converter Technology and talent from Amper OySmart Grids, Energy StorageNoneUndisclosedFrom the buyer: "Danfoss Drives has acquired 1500 VDC converter technology from Ampner Oy, with plans to scale up its advanced electrification portfolio within energy storage."
0772024-02FSGFacility Solutions Group (FSG)AustinTexasUnited StatesGreenleaf Energy SolutionsRenewable Energy, SolarNoneUndisclosedFrom the buyer: "Facility Solutions Group is one of the nation's largest single-source providers of lighting and electrical products, electrical services, electrical construction, and energy management solutions." And about the seller: "Founded in 2001, Greenleaf established its foothold as a lighting company, catering to diverse commercial needs. With a keen awareness of the evolving environmental landscape and a commitment to sustainable practices, the company strategically shifted its focus towards becoming a leading provider of commercial solar solutions. Through two decades of innovation and adaptation, Greenleaf emerged as a leader in the renewable energy sector."
0762024-02Thoma BravoThoma BravoChicagoIllinoisUnited StatesEverbridgeSaaS, Incident Management, ESG, Risk IntelligenceThoma Bravo$1.8 billion (originally $1.5 billion)This is an all-cash deal that will take Everbridge private.
075, 0742024-02cubico_sustainable_investments_logoCubico Sustainable InvestmentsLondonEngland Acquired Renantis Mexico and inked a strategic agreement with Sowitec Group.Renewable Energy, SolarCubico Sustainable InvestmentsUndisclosedFrom the buyer: "Through the acquisition of Renantis Mexico and a strategic agreement with Sowitec Group, Cubico’s development pipeline in Mexico has now exceeded 1.6 GW, reflecting its strong commitment to expanding its renewable energy platform in the country. "
0732024-02alliance_technical_group_llc_logoAlliance Technical GroupDecaturAlabamaUnited StatesOrtech ConsultingEnvironmental Consulting, Compliance, NoneUndisclosedFrom the buyer: "Alliance Technical Group ("Alliance"), a leader in environmental testing and compliance services, today announced its agreement to acquire ORTECH Consulting Inc. ("ORTECH"), a prominent Canadian environmental, engineering, and science consulting firm. This strategic move marks a significant expansion of Alliance's portfolio in environmental and technical expertise and brings Alliance's service offerings to the international stage."
0722024-02Trace AssociatesTrace AssociatesCalgaryAlbertaCanadaXCG ConsultingEnvironmental Science, Environmental EngineeringNoneUndisclosed Trace Associates has acquired XCG Consulting, an environmental science and engineering consulting firm based in southern Ontario with offices in Kitchener and Kingston. Founded in 1990, XCG and its 28 employees have deep expertise providing environmental site assessment, remediation, risk assessment/management, solid waste advisory, and hazardous building materials management services across Canada to a wide range of industry sectors. environmental science and engineering, health and safety, emergency management, business continuity, sustainability, and Indigenous engagement.
0712024-02SRG PartnershipSRG PartnershipPortlandOregonUnited StatesMerged with CannonDesignArchitecture, Planning, SustainabilityNoneUndisclosedBoth SRG Partnership and CannonDesign share a commitment to designing spaces that help people, communities and the environment flourish.
0702024-01AggrekoAggrekoGlasgowScotlandThe UK and South African based businesses of RenEnergy.Solar Energy, StorageNoneUndisclosedFrom the buyer: "Aggreko, a global leader in energy solutions, has acquired the UK and South African based businesses of RenEnergy group (“RenEnergy”), a market leading business known for their innovative commercial and industrial solar energy generation and storage solutions. "
0692024-01SercoSerco GroupHookUnited KingdomClimatizeConsulting, Engineering, SustainabilityNoneUndisclosed Serco has acquired sustainability and engineering consultancy Climatize, which is based in the UAE. Climatize specializes in green building engineering and sustainability strategies. Financial terms of the deal were not disclosed.
0682024-01Altus-PowerAltus PowerStamfordConnecticutUnited Statesvarious solar power infrastructure from VitolSolar Projects, Renewable EnergyNone$118 million Altus Power has acquired various solar power infrastructure from Vitol for $118 million. The deal includes thousands of long-term solar customers served by a mix of rooftop, ground and carport arrays in the U.S. Northeast region, the buyer said.
0672024-01schroders_capital_logoSchroders GreencoatLondonUnited Kingdom53 solar farms in the UK from Toucan EnergySolar Projects, Renewable EnergySchroders Capital£700 million (US$888 million)Schroders Greencoat, a fund managed by private equity firm Schroders Capital, is acquiring 53 solar farms in the UK from Toucan Energy at a value of roughly £700 million (US$888 million).
0662024-01Trilantic EuropeTrilantic EuropeSatteinsAustria60% stake in Aerocompact GroupSolar Projects, Renewable EnergyTrilantic EuropeUndisclosedTrilantic Europe has acquired a 60% stake in Aerocompact Group, a supplier of solar mounting solutions. Financial terms of the deal were not disclosed.
065, 064, 0632024-01Quantas EnergyQualitas EnergyMadridSpainThree Wind and Solar Energy farms in Germany and North Carolina, United States.Wind Power, Renewable EnergyQualitas EnergyUndisclosedThe acquired businesses include a 55% stake in the project rights for the re-powering of a wind farm in Eastern Germany. The seller was European Energy, a Danish renewable energy company. Wind energy project pipeline with a total capacity of 96 MW in Germany. The deal involves four wind projects located in North Rhine-Westphalia and Lower Saxony, Germany. Solar PV and storage assets business in North Carolina. The deal involves Heelstone Renewable Energy. Ares Management was the seller. Financial terms of each deal were not disclosed.
0622024-01LionVoltLionVoltEindhovenNetherlands

AMTE Power

Battery Manufacturing, Solid State BatteriesNoneUndisclosedLionVolt of the Netherlands has acquired AMTE Power's Scotland business, Scottish Financial News reported. Financial terms of the deal were not disclosed.
0612024-01AnkuraAnkura Consulting GroupNew YorkNew YorkUnited StatesLumeriSustainability, ConsultingNoneUndisclosedAccording to the buyer: "Founded in 2004, Lumeri helps companies drive results amid complex business and operational challenges through strategic leadership and operational solutions. The Lumeri team has decades of experience providing the world’s top companies with solutions including Execution Certainty, Advancement of Women, and Sustainability."
0602024-01LemayLemayMontrealQuebecCanadaFusion EnergieBuilding Energy ManagementNational Bank, the CDPQ and FTQUndisclosed Lemay of Montreal has acquired Quebec-based Fusion Énergie, which specializes in energy management and optimization solutions for buildings. Lemay is backed by National Bank, the CDPQ and FTQ. Financial terms of the deal were not disclosed.
0592024-01ABBABB GroupZurichSwitzerland Shipping business of DTN Europe and DTN PhilippinesMaritime, Mobility, Transportation, Shipping, Software, Supply Chain ManagementNoneUndisclosedABB is acquiring the shipping business of DTN Europe and DTN Philippines. The deal expands ABB's maritime software for weather routing. ABB's business will now scale to support more than 5,000 connected maritime vessels. Financial terms of the deal were not disclosed.
0582024-01NV5NV5HollywoodFloridaUnited StatesCHW Professional ConsultantsEngineering, Infrastructure ConsultingNoneUndisclosed NV5 Global has acquired CHW Professional Consultants, a provider of engineering and infrastructure consulting services in Florida. CHW has 130 employees. NV5 has more than 100 offices nationwide. Financial terms of the deal were not disclosed.
0572024-01Hitchi-EnergyHitachi EnergyZurichSwitzerlandCOETPower Equipment, MobilityNoneUndisclosed Hitachi Energy has acquired COET, a designer and manufacturer of power equipment for electric mobility, rail, and industry, based in the greater Milan area of Italy. COET will operate as a standalone business under its existing management team and retain all of its operations. COET has roughly 80 employees. Financial terms of the deal were not disclosed.
0562024-01itpenergised_logoSLRBuckinghamshireUnited KingdomITPEnergisedSustainability, ConsultingNoneUndisclosedSLR has acquired ITPEnergised, a UK-based consultancy focused on the renewables sector. ITPEnergised has roughly 100 employees. Financial terms of the deal were not disclosed.
0552024-01Revolution-Sustainable-SolutionsRevolution Sustainable SolutionsLittle RockArkansasUnited StatesPolyAG RecyclingAgriculture, RecyclingNoneUndisclosed Revolution Sustainable Solutions has acquired PolyAg Recycling, a Canadian mechanical recycler of agricultural films. Financial terms of the deal were not disclosed.
0542024-01stellantisStellantis N.V.AmsterdamNetherlandsCloudMadeSoftware, Automobiles, NoneUndisclosed Stellantis N.V. has acquired CloudMade, a software company focused on automotive solutions. The asset-centric acquisition involves cloud software, developer kits and 44 engineers. Financial terms of the deal were not disclosed.
0532024-01Quantum-Lifecycle-Partners_400x400Quantum Lifecycle PartnersTorontoOntarioCanadaParagon Bay GroupITAD, IT Asset Disposition, E-Waste Reduction, Asset Recovery, Reverse LogisticsNoneUndisclosedThe buyer said: Quantum Lifecycle Partners LP, Canada's largest electronics lifecycle management company, is pleased to announce its acquisition of Paragon Bay Group Inc. based in North Bay, Ontario. Paragon Bay brings operational expertise in product fulfillment, testing, in-warranty repair, asset recovery, and forward and reverse logistics services, for electronics OEMs in Canada. This marks Quantum’s fourth acquisition since its formation in 2019
0522024-01Fin LogisticsFinLondonUnited KingdomUrb-ItSustainable Logistics, Last-Mile DeliveryMaC Venture CapitalUndisclosed Fin has acquired sustainable logistics firm Urb-It -- a last-mile delivery company that served Spain, France and the United Kingdom since 2017. Urb-it filed for bankruptcy in December 2023. Financial terms of the acquisition were not disclosed. Fin is backer by MaC Venture Capital.
0512024-01gryphon-investorsThermal Technology Distribution SolutionsCincinnatiOhioUnited StatesProheat Inc.Industrial Temperature Management, DistributionGryphon InvestorsUndisclosedFrom the buyer: "Thermal Technology Distribution Solutions ("TTDS"), a platform for the distribution of industrial temperature management and related products, today announced it has acquired Proheat Inc., a distributor of heaters, sensors, controls, and comprehensive technical support to manufacturers. Terms of the transaction were not disclosed."
0502024-01apkudo_logoApkudoBaltimoreMarylandUnited StatesMobile reCellIT Asset Management, ITAM, Recycling, ReuseNoneUndisclosedApkudo has acquired Mobile reCell -- which helps enterprises to "automate the recovery, reuse, resale and recycling of company-owned IT assets like smartphones, tablets and laptops," the companies said. Financial terms of the deal were not disclosed.
0492024-01Evora GlobalEVORA GlobalLondonUnited KingdomMetrySustainability, Consulting, Environmental DataNoneUndisclosed EVORA Global has acquired Metry, a platform for environmental data collection. EVORA gains data solutions for the global real estate and infrastructure investment industry.
0482024-01Flogas Flogas Britain LimitedSystonEnglandEnergy management division from eEnergyEnergy DistributionNoneThe initial purchase price is £29.1 million. Flogas may pay an additional £8 million to £10 million in late 2025 , depending on the division's financial performance. Flogas Britain Limited, part of the DCC Group, has acquired an energy management division from eEnergy. The initial purchase price is £29.1 million. Flogas may pay an additional £8 million to £10 million in late 2025 , depending on the division's financial performance.
0472024-01municipal-equipment-inc Municipal Equipment Inc. (MEI)LouisvilleKentuckyUnited StatesLink EnvironmentalEquipment Provider, Waste Management, RecyclingNoneUndisclosedThe acquisition focuses on "top quality refuse equipment and superior customer support," the companies said.
046, 0452024-01alliance_technical_group_llc_logoAlliance Technical GroupDecaturAlabamaUnited StatesChemtech Consulting Group and Air Source Testing Group of Civil & Environmental Consultants (CEC)Environmental ComplianceNoneUndisclosedThe buyer said: "These acquisitions represent key advancements in Alliance’s ongoing commitment to delivering broad-based environmental solutions to its diverse customer base."
0442024-01BPABPAMontrealQuebecCanadaM&A EngineeringEngineering, Industrial BuildingsInvestment firm CDPQ owns a minority stake in BPA.UndisclosedThe buyer, based in Montreal, specializes in institutional, commercial, multi-residential, and industrial buildings, as well as sustainability. M&R Engineering is a mechanical and electrical consulting engineering firm based in Halifax, Nova Scotia. Financial terms of the deal were not disclosed. Investment firm CDPQ owns a minority stake in BPA.
0432024-01commerzbank_ag_logoCommerzbank AZFrankfurtGermanyAquila CapitalFinancial Services, Renewable Energy, Infrastructure ProjectsNoneUndisclosed Commerzbank AG has acquired Aquila Capital -- which specializes in renewable energies and infrastructure projects. The deal will allow Commerzbank to "significantly drive forward the energy transition in Germany and Europe," the buyer said.
0422024-01BitechBitech Technologies Corp. and Bridgelink Development Newport BeachCaliforniaUnited StatesLaunching a joint venture.Renewable EnergyUndisclosedUndisclosed Bitech Technologies Corp. and Bridgelink Development have signed a letter of intent to launch a joint venture with "an undisclosed larger infrastructure group." The effort "aims to accelerate the development and deployment of renewable energy projects in the United States, particularly in Texas, Arizona, and Louisiana.
0412024-01cubico_sustainable_investments_logoCubico Sustainable InvestmentsLondonUnited Kingdom acquired Peel NRE’s 50% stake in Peel Cubico RenewablesRenewable EnergyNoneUndisclosedCubico Sustainable Investments has acquired Peel NRE’s 50% stake in Peel Cubico Renewables, the strategic joint venture focused on the development of renewable energy projects in the UK. Financial terms of the deal were not disclosed.
0402024-01eviny_logoEvinylBergenNorwayTwo wind farms from BlackRockWind Power, Renewable EnergyNone€537.5 million (US$585.44 million)Eviny is one of Norway's largest energy and technology groups, the organization said. The acquired wind farms are located in Guleslettene and Tellenes, Norway.
0392024-01heracles_logoHeracles GroupLykovrisiAtticaGreeceW.A.T.T. RecyclingRecycling, Waste Management, Building Materials, Sustainable ConstructionNoneUndisclosedFrom the buyer: "W.A.T.T. RECYCLING is one of the fastest growing and most dynamic companies in the recycling sector, offering a wide range of integrated and technologically advanced solutions for optimal solid waste management. It is a member of W.A.T.T. Group, a leader in the field of waste management and recycling, with a 35-year track record of advancing a more environmentally sustainable future for humankind."
0382024-01Thomson-ReutersThomson ReutersTorontoOntarioCanadaWorld Business Media (including ESG Insurer)MediaNoneUndisclosedFrom the buyer: "World Business Media Limited's editorial team provides must-have content and insight for global professionals working within the global (re)insurance and specialty markets. Its products include The Insurer, the go-to and digital source for news, analysis and data on the (re)insurance industry and The Insurer TV, which brings exclusive insight and intelligence on the market through video interviews, panel discussions and mini docuseries. Through its events business, The Insurer Events, World Business Media Limited provides networking opportunities through a global series of events, conferences and awards ceremonies."
0372024-01VerdantasVerdantasDublinOhioUnited StatesFlatwoods Consulting GroupEnvironmental ConsultingRTC PartnersUndisclosed Verdantas, backed by private equity form RTC Partners, has acquired Flatwoods Consulting Group. Flatwoods offers ecology and environmental regulation expertise to utility companies, water management districts, mining clients, and waste management entities across the Southeastern United States. Financial terms of the deal were not disclosed.
0362024-01suma-capitalSuma CapitalBarcelonaSpainCH4TSustainability, EnergySuma CapitalUndisclosed Suma Capital has acquired CH4T of Verona, Italy. CH4T specializes in the management of biomethane plants for energy use. Financial terms of the deal were not disclosed. The deal is part of the SC Climate Impact Fund III, a €300 million fund. Additional investments involving the fund include Adec Global (slag valorization and aggregates treatment), Zamora Eco Energías (renewable heat networks) or Biometano Montes de Toledo (biomethane and compost production).
0352024-01CelnorCelnorReadingUnited KingdomAssurity ConsultingEnvironmental ConsultingNoneUndisclosedCelnor has acquired a majority stake in Assurity Consulting, an independent workplace health, safety, and environmental compliance consultancy. This is Celnor's second acquisition the past two months or so. The company acquired Brownfield Solutions in November 2023.
0342024-01epeconsulting_logoElectric Power Engineers (EPE)AustinTexasUnited States

ENER-i.AI

Energy Consulting, Engineering, SaaS, Software, Power GridsNoneUndisclosed Electric Power Engineers has acquired ENER-i.AI, a SaaS software provider that helps customers to plan, operate and design modern power grids. Financial terms of the deal were not disclosed.
0332024-01IpsosIpsosNew YorkNew YorkUnited StatesJarmanyData Analytics, ESGNoneUndisclosedMarket research firm Ipsos has acquired data analytics firm Jarmany of the the UK. The deal opens up new opportunities in such fields as ESG, the companies said. Ipsos has nearly 20,000 employees. Jarmany has roughly 70 employees. Financial terms of the deal were not disclosed.
0322024-01Sunstone-Credit Sunstone CreditNew YorkNew YorkUnited StatesORKA FinanceFinancial Services, Solar, Renewable Energy, LendingNoneUndisclosedSunstone Credit, Inc., a clean energy financing platform that helps businesses go solar, has acquired ORKA Finance, a technology-enabled commercial solar lender. Financial terms of the deal were not disclosed.
0312024-01GalwaySterling Power Opportunities, a subsidiary of Galway Sustainable CapitalWashingtonDCUnited StatesForsite RenewablesSolar Projects, Renewable EnergyGalway Sustainable CapitalUndisclosedSterling Power Opportunities, a subsidiary of Galway Sustainable Capital, has acquired a majority interest in Forsite Renewables, a developer of solar and battery storage projects in Charlotte, North Carolina. Financial terms of the deal were not disclosed.
0302024-013E3ECarlesbadCaliforniaUnited StatesChemChainSupply Chain Management, Chemicals, Sustainability, Regulatory ComplianceNoneUndisclosedTogether, the companies will help customers to "accelerate global supply chain transparency and sustainability with a unique combination of technology and regulatory expertise," the firms said. Financial terms of the deal were not disclosed.
0292024-01totalenergies TotalEnergiesParisFranceKyron EnergyBattery StorageNoneUndisclosedFrom the buyer: "As part of its development as an integrated power player in Germany, TotalEnergies has signed an agreement to acquire from its three founders the entire share capital of Kyon Energy, one of the leading developers of battery storage systems in the country. The consideration consists of a €90 million upfront payment, plus some earn out payments linked to the achievement of development targets."
0282024-01general-atlantic-2General AtlanticNew YorkNew YorkUnited StatesActisGrowth Equity, Financial Services, Energy Transition, Sustainable InfrastructureGeneral AtlanticUndisclosedGrowth equity firm General Atlantic has acquired sustainable infrastructure investor Actis. Their combined goal is to "unlock opportunities for investors that lie at the intersection of the energy transition, digitization, and the shift in economic dynamism to growth markets and beyond." Financial terms of the deal were not disclosed.
0272024-01SynopsysSynopsysSunnyvaleCaliforniaUnited StatesAnsysSimulation SoftwareNone$25 BillionSynopsys will acquire Ansys for about $35 billion in cash and stock, the software companies confirmed. Rumors about the deal have swirled since December 2023.
0262024-01TXOTXOChepstowWalesTeqportIT Services, Telecom Network Services, Recycling, SustainabilityTowerBrook Capital PartnersUndisclosedTXO, backed by private equity firm TowerBrook Capital Partners, has acquired Teqport -- a network services provider that has asset recovery and decommissioning expertise. The deal is designed to further boost TXO's circular economy solutions in the networking market. Financial terms of the acquisition were not disclosed.
0252024-01BlackRockBlackRockNew YorkNew YorkUnited StatesGlobal Infrastructure PartnersFinancial Services, Investments, Infrastructure, Energy, BlackRock$12.5 BillionInvestment giant BlackRock will acquire Global Infrastructure Partners (GIP), a fund manager that invests in digital and physical infrastructure, and the movement toward decarbonization and energy security in many parts of the world.
0242024-01AnthesisAnthesisLondonUnited KingdomRevoltDEI, ESG, ConsultingNoneUndisclosedRevolt has grown into a team of over 70+ market-leading experts supporting C-Suite decision makers with innovative large-scale projects across sustainability and DEI strategy, communications, and creative execution.
0232024-01sweco_logoSwecoStockholmSwedenEconsultancy B.V.Environmental ConsultingNoneUndisclosed Sweco has acquired Econsultancy B.V., an environmental consulting firm in the Netherlands. More than 200 Econsultancy engineers will join Sweco's Dutch organization -- which spans 1,900 engineerings, consultants and architects.
0222024-01InvestcorpInvestcorpBahrainBest in Class Technology Services (BCTS)HVACInvestcorpUndisclosed; rumored enterprise value of $300 million Investcorp of Bahrain has acquired Best in Class Technology Services -- an 800-person HVAC integrator in Lenexa, Kansas, The Wall Street Journal reported. Though financial details weren’t disclosed, the deal had an enterprise value of around $300 million and generates annual revenue ranging from $160 million to $200 million, the Journal reported. Investcorp also invested in Shearer Supply of Dallas, Texas, in April 2023, the report noted.
0212024-01TRC-Companies TRC CompaniesWindsorConnecticuttUnited StatesLocanaEnvironmental Consulting, Engineering Services, Geospatial ServicesNoneUndisclosed TRC Companies, an environmentally focused consulting and engineering firm, has acquired Locana -- a provider of geospatial technology and location intelligence. Financial terms of the deal were not disclosed.
0202024-01ECP-Energy-Capital-PartnersEnergy Capital Partners (ECP)SummitNew JerseyUnited StatesTriple Oak PowerRenewable EnergyEnergy Capital Partners (ECP)UndisclosedEnergy Capital Partners (ECP) has acquired Triple Oak Power from EnCap Energy Transition Fund I and its co-investors, Yorktown Partners and Mercuria Energy. Triple Oak develops and monetizes renewable energy projects to accelerate the U.S. transition to renewable energy. Financial Terms were not disclosed.
0192024-01Pacolet MillikenPacolet MillikenGreenvilleSouth CarolinaUnited StatesPiedmont Green PowerBiomass, EnergyPacolet MillikenUndisclosedPacolet Milliken, a sustainability-focused, family-owned investment firm, has acquired Piedmont Green Power from Atlantic Power & Utilities. Piedmont operates a 55 MW biomass-fired power plant located in Barnesville, Georgia. Manulife financed the deal. Valuation terms were not disclosed.
0182024-01Intel LogoIntelSanta ClaraCaliforniaUnited StatesSilicon MobilityHardware, Software, Mobility, Energy Efficiency, Electric Vehicles, EVsNoneUndisclosedIntel has acquired Silicon Mobility, which develops semiconductor hardware and software that improve electric vehicle (EV) energy efficiency. Financial terms of the deal were not disclosed.
0172024-01Ridgewood-Infrastructure-400x400Ridgewood InfrastructureNew YorkNew YorkUnited StatesWaste Resources Management (WRM)Waste Management, SustainabilityRidgewood InfrastructureUndisclosedFrom the buyer: "Ridgewood Infrastructure LLC (“Ridgewood”), a leading infrastructure investor in the U.S., today announced the acquisition of Waste Resources Management (“WRM”), a mission-critical provider of liquids and wastewater collection, treatment, and disposal serving the commercial and industrial market."
0162024-01VelocityEHSVelocityEHSChicagoIllinoisUnited StatesContactor ComplianceEHS, ESG, SoftwareContractor ComplianceUndisclosedFrom the buyer: " VelocityEHS, the global leader in enterprise EHS & ESG software solutions, announced today it has completed the acquisition of Contractor Compliance(opens in a new tab), a Canadian-based enterprise safety and risk management software solution provider. The deal adds innovative third-party contractor and vendor compliance capabilities to the award-winning VelocityEHS Accelerate Platform."
0152024-01T.loopT.LoopStockholmSwedenStockholm data centerData Centers, Green IT, SustainabilityUndisclosedUndisclosedFrom the company: "T.Loop is pioneering sustainable IT operations by integrating data centers into the energy system, offering a circular solution to your IT needs. We design and build our own Data Energy Center® to maximize sustainability. Our colocation customers benefit from modern data centers for Edge, AI and HPC. We can confidently say that a Data Energy Center® has 30% lower energy costs and 100% lower climate footprint compared to a traditional data center."
0142024-01spheraSpheraChicagoIllinoisUnited StatesSupplyShiftSoftware, ESG, Supply Chain SustainabilityBlackstoneUndisclosedSphera, backed by Blackstone's private equity arm, has acquired supply chain sustainability software company SupplyShift. Among the key results: Sphera'a customers and partners should gain deeper Scope 3 supply chain visibility capabilities. Financial terms of the deal were not disclosed.
0132024-01ESAEnvironmental Science Associates (ESA)San FranciscoCaliforniaUnited StatesJanicki EnvironmentalEnvironmental ServicesNoneUndisclosedThe acquisition will "greatly strengthen ESA’s aquatic science and water quality and quantity capabilities as well as expanding services for clients in the water, transportation, and natural resources management markets," the buyer said.
012, 0112024-01Liberty Tire RecyclingLiberty Tire RecyclingPittsburghPennsylvaniaUnited StatesMcGee Tire and Empire TireRecyclingNoneUndisclosedLiberty Tire Recycling has acquired McGee Tire and Empire Tire, further growing its presence in the Florida tire recycling market, Environment and Energy Leader reported. Financial terms of each deal were not disclosed.
0102024-01Badger-Meter Badger Meter Inc.MilwaukeeWisconsin United StatesRemote water monitoring hardware and software from TrimbleEnergy Management, Software, Smart Water MeteringNoneUndisclosed Badger Meter Inc. of Milwaukee, Wisconsin, has acquired remote water monitoring hardware and software from Trimble. Badger Meter gains real-time monitoring hardware and software targeted at distributed data collection for applications in water, wastewater, stormwater and environmental water monitoring, the buyer said. Financial terms of the deal were not disclosed.
0092024-01SudpackSüdpack OchsenhausenGermanyMajority stake in Carboliq Chemical RecyclingNoneUndisclosed Südpack has acquired a majority stake in Carboliq -- a chemical recycling specialist. Südpack, based in Germany, owned a minority stake in Carboliq ahead of this latest investment. Financial terms of the deal were not disclosed.
0082024-01DanfossDanfossNordbergDenmarkENFOR’s district energy softwareEngineering, Industrial Machinery, Software, Energy ManagementNoneUndisclosed Danfoss has acquired ENFOR’s district energy software. The acquired assets align with the Danfoss Leanheat suite of sustainable heating and cooling solutions -- which allow customers to optimize energy consumption and improve operational efficiency of district energy and buildings. Danfoss had been a minority shareholder in ENFOR since 2020. Financial terms of the acquisition were not disclosed.
0072024-01thermon_logoThermon Group HoldingsAustinTexasUnited StatesVapor Power InternationalIndustrial Process HeatingNoneUndisclosed Thermon Group Holdings has acquired Vapor Power International, a provider of industrial process heating solutions. The deal is part of Thermon Group's strategy to "profitably grow through decarbonization, diversification and digitization initiatives," CEO Bruce Thames said. Vapor Power's revenue was more than $50 million in 2023. Thermon expects the transaction to be accretive to GAAP earnings per share in the first 12 months. The purchase price and deal valuation were not disclosed.
0062024-01macquarieMacquarie Asset ManagementSydneyNSWAustraliaEnel Green Power HellasRenewable Energy, Wind, Solar, Hydro PowerMacquarie Asset Management€250 million for 50% (total company value: €500 million Macquarie Asset Management has acquired 50% of Enel Green Power Hellas for roughly €250 million. Enel Green Power Hellas is a renewable energy developer and operator in Greece, with a 566 MW portfolio of onshore wind, solar, and hydropower projects in operation or under construction across its mainland and islands, Macquarie said.
0052024-01USD-Clean-FuelsUSD Clean FuelsHoustonTexasUnited StatesWest Colton Rail TerminalLogistics Infrastructure, Supply ChainsAra PartnersUndisclosedPrivate equity firm Ara Partners has acquired USD Clean Fuels (USDCF), a developer of logistics infrastructure in North America for the renewable fuels value chain. USDCF, in turn, has acquired the West Colton Rail Terminal -- a biofuels terminal in California. Financial terms of the deals were not disclosed.
0042024-01Ara PartnersAra PartnersHoustonTexsUnited StatesUSD Clean Fuels (USDCF)Logistics Infrastructure, Supply ChainsAra PartnersUndisclosedPrivate equity firm Ara Partners has acquired USD Clean Fuels (USDCF), a developer of logistics infrastructure in North America for the renewable fuels value chain. USDCF, in turn, has acquired the West Colton Rail Terminal -- a biofuels terminal in California. Financial terms of the deals were not disclosed.
0032024-01Global-Warming-Solutions-GroupGWSO INC (Global Warming Solution Inc)TemeculaCaliforniaUnited StatesAQST USA LLCClean Energy, SpaceNoneUndisclosedTogether, the businesses will focus on space systems, advanced technologies, and clean energy solutions. Financial terms of the deal were not disclosed.
0022024-01ShyftShyft Global Services, a TD-Synnex divisionClearwaterFloridaUnited StatesCokevaIT Repair, IT Asset Management (ITAM), End of Life, EOLNoneUndisclosed
0012024-01Nexif-Ratch-3NexifRatch Energy InvestmentsSingaporeHydro power plant in Lao Cai province, VietnamRenewable Energy, Hydro PowerNexifRatch Energy InvestmentsUndisclosedStatement from the buyer: "Nexif Ratch Energy Investments Pte. Ltd. (“Nexif Ratch Energy”) is pleased to announce its successful acquisition of the 30 MW Minh Luong run-of-river hydro power plant with peak hour storage located in Lao Cai province, Vietnam. The acquisition contributes to strengthening the Nexif Ratch Energy portfolio’s growth path in renewables and will create a stable and recurring income through a long term PPA."

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