Service Experts Heating & Air Conditioning has acquired Go Solar Power, a Boca Raton, Florida-based solar, battery and roofing contractor. No financial terms were released for the deal, which was announced by Skyway Capital Markets, Go Solar’s investment banker in the deal. Plano, Texas-based Service Experts, a heating, plumbing and air conditioning company, is backed by Brookfield Infrastructure Partners.
TAMPA, Fla.–(BUSINESS WIRE)–Skyway Capital Markets, LLC (“Skyway”) is pleased to announce the sale of Florida-based Go Solar Power, LLC (“Go Solar” or the “Company”) to Service Experts Heating & Air Conditioning, LLC (“Service Experts”), a portfolio company of global infrastructure investor Brookfield Infrastructure Partners (“Brookfield Infrastructure”). Skyway Capital Markets served as the exclusive investment banker to Go Solar for this transaction.
The acquisition will allow the two complementary and innovative organizations to add additional product lines and service capabilities for customers across the United States. Together, the two organizations provide a full range of solar, heating, plumbing and air conditioning products, installation, and repair capabilities.
Headquartered in Florida, Go Solar is a leading solar, battery, and roofing contractor for homeowners and building owners across seven states. Go Solar Power provides a holistic energy approach analyzing energy consumption, energy efficiency opportunities, demand charges, age of the roof, and more. Go Solar is a full service, turnkey contractor offering sales, design, engineering, operations, installation, service, and financing. With over 3,000 solar installations, Go Solar was rated #100 on the Inc. 5000 fastest growing companies, the highest ranked Solar Contractor on the list.
Go Solar will continue to operate under the Go Solar Power name and will be branded as a Service Experts company. The Boca Raton, Florida office will remain open and Court Weisleder, will serve as Manager of the Go Solar business unit.
Andrew Fenton, Managing Director at Skyway Capital Markets, commented, “It was great to represent a visionary entrepreneur such as Court who is truly a pioneer in the solar power industry. We work across a variety of sectors, but it’s incredibly rewarding to see how Skyway’s unique approach can particularly benefit home services focused clients. The exceptional outcome Skyway achieved for Court and his team is a great example.”
Skyway Capital Markets Senior Managing Director, Michael Faraone, added, “We are seeing a tremendous amount of interest in the solar space of late. Having a firm such as Brookfield Infrastructure, one of the largest and most successful infrastructure investors in history, entering the space is a great testament to how much opportunity there is in the solar industry.”
Skyway Capital Markets, LLC is a leading M&A advisor to closely held, founder-owned, and family-owned middle-market businesses.
About Skyway Capital Markets
Skyway Capital Markets is a nationwide, market-leading, award winning boutique investment bank. The firm works with middle market companies, public and private, through customized financial advisory services including corporate finance, capital raises, public and private offerings, mergers & acquisitions, fairness opinions, restructurings, and recapitalizations. Skyway Capital Markets is headquartered in Tampa, Florida and is a member of FINRA and SIPC. For additional information, please visit www.skywaycapitalmarkets.com.