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Gateway Group represents Sunergy Renewables, a Port Richey, FL provider of residential rooftop solar panels and energy storage gear, as it goes public via a merger with the ESGEN SPAC in a deal valued at $475M.
Powered by more than 2,400 installations in Florida, Texas and Arkansas, Sunergy chalked up $123M in 2022 revenues and delivered $11M in EBITDA.
Tom Bridgewater, CEO and co-founder of Sunergy, said the combination with ESGEN is a “transformative step on our path to grow as a vertically integrated company.”
ESGEN is sponsored by Dallas-based infrastructure investment firm Energy Spectrum Partners, which has made more than $4.5B in equity capital commitments during the past 25 years.
Gateway Group’s Cody Slach and Tom Colton handle the investment community, while Zack Kadletz and Anna Rutter deal with the media regarding the SPAC transaction.
Longacre Square Partners represents Ancora Holdings as it urges the board of Big Yellow Group to conduct a strategic review of the UK’s No. 1 self-storage company.
Kekst CNC handles Getty Images as it begins a prepackaged Chapter 11 reorganization and receives a commitment from Koch Equity Development and the Getty family to invest $533M in the visual content company.
As capital concentrates among established firms, emerging managers must find new ways to earn investor confidence.
Teneo handles True Food Kitchen as the Scottsdale, AZ-based wellness food restaurant chain that counts Oprah Winfrey as a minority investor files for Chapter 11.
FGS Global and Teneo represent Canada’s billionaire Weston family as its Wittington Investments holding company acquires Boots Group, the 177-year-old UK health & beauty retailer, from Sycamore Partners for $8.9B.
