Civic Renewables (Private Equity)
Funding Details
Awarder
RSS - techcrunch.com
Date Award
June 12, 2024
Vertical
Solar Installation
Funding URL
View Funding Page
Company Info
Traction
The company has purchased two installers, Green Rack Solar and Ipsun Solar, and plans to acquire more. It is backed by GEF Capital Partners and aims to grow to around $30 million worth of earnings before interest, tax, depreciation, and amortization (EBITDA).
Organizations Involved
GEF Capital Partners
Founders
Lee Keshishian
Market
Residential Solar
Location
Multiple, Multiple, US
Coinvestors
GEF Capital Partners
Company Description

Civic Renewables is rolling up residential solar installers to improve quality and grow the market. The company is focused on acquiring small installers and providing back office support, training, and systems to enhance their operations.

Links
Website
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