Recent M&A Activity:
- March 2, 2021: Pineapple Energy, an operator and consolidator of residential solar, battery storage, and grid services solutions, entered a definitive merger agreement with Communications Systems, a provider of IoT intelligent products and services. Upon completion of the transaction, the combined company will operate as Pineapple Energy.
- March 10, 2021: Northvolt, a Swedish battery manufacturer, acquired Cuberg, Inc., a US-based battery technology company that develops high-performance lithium metal cells for commercial use in the automotive sector. The acquisition will allow Northvolt to establish an advanced technology center in Silicon Valley.
- March 22, 2021: Nuvve Holding Corp. completed a merger with Newborn Acquisition, a special purpose acquisition company. In connection with the transaction and related private placement, Nuvve received approximately $62 million in cash proceeds.
Member / Chair, Energy & Sustainability Practice
Tom Burton has helped to shape the clean energy industry by drawing on his passion for innovation. As a Mintz attorney, Tom counsels investors, entrepreneurs, and Fortune 100 companies. He also guides start-up organizations and accelerators to foster the next generation of energy leaders.
Member / Co-chair, Energy & Sustainability Practice
Sahir Surmeli is a Mintz business counselor who advises companies, boards, entrepreneurs, investment banks, and venture and private equity investors as they build and grow companies. He handles public offerings, 144A and private financings, acquisitions, joint ventures, and strategic partnerships.