Responsive Accounting Support Critical to Successful EnergySage Merger

When EnergySage was acquired by Schneider Electric, Wolf ensured the acquisition process went smoothly.

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About Company

For nearly a decade, EnergySage has empowered consumers across the country through education, transparency, and freedom of choice for their residential solar projects. EnergySage created a marketplace to support solar installation companies, equipment manufacturers, financiers, and service providers growing their businesses. The company hit a pivotal point in its lifecycle – it needed additional capital to expand its impact on the growing clean-energy resources market. Schneider Electric acquired the company and management sought out the support of its Wolf’s team to meet the reporting requirements at different milestones in the acquisition process.

Company

  • Company Size: Mid Market
  • Employees: 80
  • Location: USA
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Results Snapshot

  • 1
    Ability to realign schedules and prioritize management’s needs.

  • 2
    Years of industry experience and deep understanding of the company’s business.

  • 3
    Significant experience with acquisition reporting.

How We Helped

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Get the Same Results

Wolf & Company’s team was responsive and professional in providing guidance to properly account for the transaction components. Their team’s attention to detail and industry knowledge made both the acquisition and post-acquisition process as painless as possible.”

Vikram Aggarwal
CEO, EnergySage

Challenge

The merger agreement called for specific reporting conforming to defined parameters with tight turnarounds. The company’s finance team acknowledged its limitations in being able to meet the demands of acquisition reporting and lacked the staff resources to spread the reporting responsibilities.

Solution

Management asked the Wolf team to guide them through interpretation of the merger agreement definitions. Wolf offered an independent set of eyes on the company’s reporting, providing valuation insights for modifying certain areas of the reporting as well as validating management’s approach to preparing the reporting package.

Perspective You Can Rely On

Turn insights into action by contacting our team to learn how we can support your goals.

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