The Peachtree Green Advisors 2009 Greentech M&A Round Up has been released. In 2009, there were 248 greentech mergers, acquisitions, and capital raise transactions in the U.S. for a reported total of $9.5 billion. Distribution, Storage & Efficiency led the way with 90 transactions.
A resilient U.S. greentech M&A market saw 248 greentech mergers, acquisitions, and capital raises in 2009 for a reported total of $9.5 billion, falling a respective 14% and 4% from 2008. The declines, however, were more than offset by generous amounts of funding from the Department of Energy (DOE), courtesy of the American Recovery and Reinvestment Act of 2009.
As we look ahead to 2010 and beyond, it will be interesting to see whether venture capitalists step up when DOE funding runs out, and whether large utilities and Fortune 500 companies continue funding programs initially financed by the DOE.
For a comprehensive analysis of the greentech M&A environment in 2009, download the complete report from Peachtree Media Advisors at http://peachtreegreenadvisors.com/?p=research.
Best,
John