Tech Company M&A Transactions
Enerwise Global Technologies Acquisition
On 6/29/2007, Enerwise Global Technologies was purchased by Comverge. The companies indicated that total deal value was $75.8 million.
Transaction Overview
Company Name
Acquired By
Announced On
6/29/2007
Transaction Type
M&A
Amount
$75,800,000
M&A Terms
Under the terms of the transaction, Comverge will acquire 100% of Enerwise's capital stock for $75.7 million, consisting of $25.15 million in cash, $17.0 million in subordinated convertible notes due in April 2009, and the issuance of 1,279,545 shares of Comverge common stock which had a market value of $33.6 million as of June 26, 2007.
Company Information
Company Status
Acquired or Merged
Industry
Energy & Battery
Mailing Address
511 Schoolhouse Road 200
Kennett Square, PA 19348
USA
Kennett Square, PA 19348
USA
Phone
Website
Email Address
Overview
Enerwise Global Technologies is an energy infrastructure management, demand response and renewable energy services and technology provider that enables commercial and industrial customers to reduce energy consumption and total costs, improve energy infrastructure reliability and make informed decisions on energy and renewable energy purchases and programs.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dean Musser
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