Lighthouse

Acquirer: Qualitas Energy and Wren House

BP is nearing a sale of its solar power business, Lighthouse, to a consortium backed by Kuwait’s sovereign wealth fund. Summary of transaction details: Value: Not disclosed Sector: Energy Advisor: Not disclosed Key Entities: BP, Lighthouse, Qualitas Energy, Wren House Location: Global Note: The sale is part of BP’s strategy to sell assets and focus on oil and gas production, after abandoning its green energy targets. This move is expected to help the company reduce debt and boost profit.

Investor: KKR

London-based hotel pricing technology firm Lighthouse has secured a $370 million investment from private equity giant KKR, propelling the company to unicorn status with a valuation exceeding $1 billion.\nSummary of transaction details:\n\nValue: £293 million\nSector: Software & SaaS\nAdvisor: N/A\nKey Entities: Lighthouse (target) and KKR (investor)\nLocation: London, United Kingdom\n\nNote: The funding underscores strong investor confidence in Lighthouse’s AI‑driven pricing platform and its potential to disrupt the fragmented travel‑tech market dominated by a few incumbents.

Investor: KKR

Investor: Ivan Mazour