ADT Solar LLC
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ADT Solar LLC - overview
Established
2008
Location
Mandeville, LA, US
Primary Industry
Power & Utilities
About
Based in Louisiana, US, and founded by Marc Jones in 2008, ADT Solar LLC, formerly Marc Jones Construction, L. L. C. , trading under the name Sunpro, operates as a provider of rooftop solar panels, intended for serving commercial and residential properties.
In December 2021, ADT LLC acquired Marc Jones Construction, L. L. C. for USD 825 million, comprising of USD 160 million in cash.
Following the transaction, Sunpro rebranded to ADT Solar. The company engages in the design, marketing, and installation of solar power panels for commercial and residential buildings. The firm also provides a solar energy storage system, Tesla Powerwall, that backups energy from the grid when it is less expensive and uses the stored energy during power outages and heavier grid traffic times. The company also provides a solar power monitoring app that allows users to keep track of their energy usage.
Current Investors
TGP Investments, Millstone Capital Advisors, MGG Investment Group
Primary Industry
Power & Utilities
Sub Industries
Power & Utilities, Solar Power
Verticals
Clean Technology, Mobile Apps
Company Stage
Add-on
Total Amount Raised
Subscriber access only
ADT Solar LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | ADT Solar LLC | - | ||||||||
| Growth | Completed | ADT Solar LLC | - |
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ADT Solar LLC - employee data
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