Tech Company M&A Transactions
MDEnergy Acquisition
MDEnergy, based in Stamford, was bought by EnerNOC. The transaction price was $7.9 million.
Transaction Overview
Company Name
Acquired By
Announced On
9/17/2007
Transaction Type
M&A
Amount
$7,900,000
M&A Terms
The transaction consideration is composed of approximately 40% in cash and 60% in EnerNOC common stock. Additional cash payments will be paid by EnerNOC in the first quarter of 2008 based upon MDE's performance through the end of calendar year 2007.
Company Information
Company Status
Acquired or Merged
Industry
Energy & Battery
Mailing Address
62 Southfield Ave 001
Stamford, CT 06902
USA
Stamford, CT 06902
USA
Phone
Website
Email Address
Not Recorded
Overview
MDEnergy is an independent energy manager specializing in reducing energy costs for medium- to large-sized commercial and industrial businesses throughout the United States.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Cliff Sirlin
Browse more venture capital transactions:
Prev: 9/17/2007: CloudShield Technologies venture capital transaction
Next: 9/17/2007: CoolIT Systems venture capital transaction
Share this article
Where The Data Comes From
We report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs