Rooftop Energy / NPM Capital
Rooftop Energy, a provider of rooftop- and ground-mounted solar PV systems, mainly to clients in the B2B sector, has been acquired by NPM Capital.
Rooftop Energy offers everything from development and design to arranging external financing, installation and operation of solar PV systems on large surface areas. Notable clients include AkzoNobel, Plantion Bloemenveiling, Kingfish Zeeland, Spanbeton and de Bavelse Berg. By the end of 2019, the installed capacity is expected to reach 100 MWp, which is equivalent to the energy consumption of 30,000 households.
NPM Capital is a leading Dutch investment company focused on medium to large Benelux companies.
Oaklins’ team in the Netherlands acted as lead advisor to the seller. Rooftop Energy had been looking for a partner to support and accelerate further growth and scale-up as the company is currently in the middle of a
Cavendish played an invaluable role throughout a complex transaction and in particular getting the transaction across the finishing line.
This deal provides an excellent platform for the Levolux business to continue its overseas expansion. As well as the compelling strategic fit, Alumasc provides an excellent home for the Levolux brand and team. We are delighted with the outcome and the support extended to us by Cavendish.
This has been a highly complex transaction involving 10 jurisdictions. Cavendish has held our hands throughout the process, providing a dedicated team who have done a superb job; this has greatly reduced interruptions to our businesses whilst adhering to the original timetable. Cavendish has achieved a very successful sale at a fair price to a buyer who will enjoy significant strategic value from the purchase.
Recent Deals for Industrials Sector
Melin Tool Company
Avicenna Holdings Limited
Juno Health Limited
Marinetrans & BGL
Waterland Private Equity