M&A Involving Sustainability and ESG Companies

TotalEnergies E&P USA acquires Talos Low Carbon Solutions (TLCS) from Talos Energy for roughly $148 million. Talos EVP & Chief Sustainability Officer to exit after transition period.

Sustainable Tech Partner tracked 51 M&A deals involving green IT services, climate tech & renewable energy in February 2024. Here are the buyers, sellers & investors.

Business management consultancy McKinsey & Company acquires Strategic Estimating Systems (SES) -- a provider of cost-estimating services for capital projects & energy transition projects that align with net-zero initiatives.

Anthesis, backed by global investment firm Carlyle, acquires sustainability reporting consultancy BuzzWord. Anthesis has now acquired 23 sustainability businesses.

Sustainability Consultancy ERM acquires Big Middle & The Big Zero -- two enterprise systems integrators that offer Salesforce Net Zero Cloud, Oracle, ESG accounting & WalkMe workflow automation expertise.

Amazon Web Services (AWS) acquires nuclear powered, carbon-free data center campus from Talen Energy for $650 million.

Private equity firm Apax Partners acquires Integrated Environmental Solutions (IES), a technology solutions provider, consulting firm & digital twins specialist that helps customers to decarbonize buildings, communities and cities.

Founder Paul Baum explains how Nextra Tech plans to acquire sustainable IT solutions providers, IT Asset Disposition (ITAD) companies, and e-waste reduction experts.

Starwood Capital Group acquires a 50% stake in Echelon Data Centres, a sustainability-focused data center infrastructure provider in Ireland & the United Kingdom.

Smart building consultancy Contollo Group, backed by the private equity firm NorthEdge, acquires Abacus to assist customers with Net Zero GHG emissions strategies.

CLEAResult, backed by private equity firm TPG, acquires Energetics -- an energy-focused sustainability consultancy that has deep expertise in the U.S. federal government market.

WAP Sustainability Consulting acquires Atmos AI. MSP & sustainability consultancy gains ESG and carbon accounting software platform.

Accenture acquires Insight Sourcing, a provider of strategic sourcing and procurement services -- particularly for private equity customers. The deal includes Insight Energy -- an energy procurement and management business.

Compliance & ESG software company EQS Group, now owned by private equity firm Thoma Bravo, seeks potential tuck-in acquisitions.

Sustainable technology provider Hitachi Energy touts COET acquisition, Google Cloud partnership ahead of major enterprise software conference.