Solutions30, a provider of support services related to new digital technologies, has announced the acquisition of Xperal, a company that offers design, engineering, procurement, commissioning, and maintenance services for solar projects. In 2023, Xperal achieved revenues of €15 million (~$16.8 million).
The acquisition will expand Solutions30’s services into the Benelux region and increase its market share. The acquisition will also help the company offer a broader range of services and strengthen its position.
“This integration enables us to expand our geographical reach, giving us access to new markets and opportunities. With Solutions30’s extensive resources and network, we are able to accelerate our growth and secure larger deals,” comments Jaimie Louwers, Co-founder of Xperal.
Solutions30 offers installation and maintenance of smart meters, EV charging stations, PV projects for professional and residential markets, and smart appliances like thermostats, light bulbs, plugs, and sensors. The company provides services in France, Italy, Germany, the Netherlands, Belgium, Luxembourg, the Iberian Peninsula, the United Kingdom, and Poland.
Xperal acquisition includes Louwers Beheer B.V. and its subsidiaries: XPERAL B.V, Astra Solar B.V., Louwers Installatie B.V., Solar Benelux B.V., and Louwers Onroerend Goed B.V.
Recently, AMS Renewable Energy, a distributed solar and storage EPC (Engineering, Procurement, and Construction) company, announced the acquisition of Collective Solar, a distributed generation solar construction firm. Collective Solar provides solar construction and civil and electrical services for commercial developers, funds, and independent power producers.
According to Mercom’s recently released 1H and Q2 2024 Solar Funding and M&A report, 40 solar M&A transactions occurred in the first half of 2024, compared to 48 in the first half of 2023. Brookfield Asset Management, an asset management firm, made the largest deal with institutional partners, including Brookfield Renewable and Singapore’s Temasek Holdings.
This month, Original Clean Energy, a solar energy and storage system developer (a subsidiary of Clean Royalties), acquired Williston, Vermont-based iSun and its companies SunCommon and Liberty Electric months after declaring bankruptcy.
