ACT Capital Advisors, a leading mergers and acquisitions firm, is pleased to announce that its client, Ipsun Solar (“Ipsun”), was acquired by Civic Renewables, a newly established clean energy company backed by GEF Capital, a Washington, D.C.-area private equity firm focused on climate change and pollution mitigation.
The acquisition marks a strategic move for Civic Renewables, which aims to create a national network of local residential solar installers. Ipsun’s expertise in residential and commercial solar installations across Northern Virginia, Washington D.C., and Maryland makes it a valuable addition to Civic Renewables.
ACT Capital Advisors’ deal team included Managing Directors Nick Gunn and Chris Sheppard, and Associate Garrison Glisson.
About Ipsun Solar
Ipsun Solar specializes in residential and commercial solar installations across Northern Virginia, Washington D.C., and Maryland. With a focus on quality, innovation, and customer satisfaction, Ipsun Solar has become a trusted partner for homeowners and businesses seeking to transition to renewable energy solutions. To learn more, visit https://ipsunsolar.com/.
About Civic Renewables
Civic Renewables is a national parent company to a growing network of local clean energy businesses. Founded by a team of accomplished solar veteran leaders, Civic Renewables integrates the efficiencies and resources of a large organization with the commitment to quality and service of community-based businesses. Backed by GEF Capital Partners, Civic Renewables is dedicated to accelerating the clean energy transition by empowering local solar businesses across the United States. To learn more, visit https://www.civicrenewables.com/.
About ACT Capital Advisors
ACT Capital Advisors is a premier M&A advisory firm representing lower to middle-market companies across all industries. ACT has a 40-year history of deal-making, closing 250+ transactions, and unlocking over $2.5 billion in wealth for its clients. Learn more at https://actcapitaladvisors.com/.
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