First Solar sold Skytron to the Private Equity Investor Liberta Partners

Hübner Schlösser & Cie advised First Solar

About Skytron

Skytron Energy GmbH, operating with approx..60 employees out of Berlin, Germany, is a provider for monitoring and power plant control solutions for large (>5MWp) photovoltaic plants worldwide. The company’s integrated solutions include an award winning monitoring software (brand name PVGuard) and critical hardware such as combiner boxes, data loggers, plant controllers sold to project developers, Investors, EPC and O&M companies. In 2015, Skytron was ranked the world´s largest independent utility-scale vendor of monitoring solutions, with total sales of € 9 mn and its products installed in PV plants worldwide generating 7.6 GWp.

About First Solar

First Solar, Inc., headquartered in Tempe, Arizona, a NASDAQ-listed company has developed, financed, engineered and constructed many of the world’s largest grid-connected photovoltaic (PV) power plants in existence and is a leading global provider of comprehensive PV solar systems with modules using a proprietary thin film semiconductor technology.

About Liberta Partners

Liberta Partners, based in Munich, is a newly founded Private Equity Firm that is funded by a few family offices and focusses its investment activity on smaller to mid-sized corporate divestitures and restructuring situations.

About the Transaction

Hübner Schlösser & Cie, appointed by First Solar as exclusive M&A advisor, identified the buyer and advised in and managed the communication, due diligence and negotiation process in a highly competitive auction process which HSCie was able to complete in less than 10 weeks from mandate inception to the signing of legally binding contracts.

About HSCie

HÜBNER SCHLÖSSER & Cie, located in Munich, is an independent corporate finance advisory firm, specialized in acquisitions and divestitures of medium-sized and large companies worldwide. In the last years the firm advised in more than 150 transactions with a total transaction value in excess of EUR 17 billion.

Year: 2016
Transaction Value: Not Published
Industry: Industrial Products
Business Field: Mergers and Acquisitions

 

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