Acquirer: TLS Energy
Greenio, a specialist in renewable energy services founded in 2013 by Anna Wooster-Mann and based in Newark-on-Trent, has been acquired by Hertfordshire-based TLS Energy. The transaction, advised by KBS Corporate, sees Greenio join a larger group of renewable energy businesses, enhancing its reach in solar panels, EV chargers, heat pumps, and other sustainable solutions for both commercial and domestic projects.Summary of transaction details:Value: UndisclosedSector: Renewable Energy, CleantechAdvisor: KBS CorporateKey Entities: Target: Greenio, Acquirer: TLS EnergyLocation: Target: Newark-on-Trent, UK; Acquirer: Hertfordshire, UKNote: This strategic acquisition allows TLS Energy to broaden its service offerings and market presence in the burgeoning renewable energy sector by integrating Greenio's established expertise and customer base. For Greenio, it represents a new chapter for growth and expansion within a larger, synergistic group.
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