Marc Jones Construction, L.L.C.
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Marc Jones Construction, L.L.C. - overview
Established
2008
Location
Mandeville, LA, US
Primary Industry
Power & Utilities
About
Based in Louisiana, US, and founded by Marc Jones (CEO) in 2008, Marc Jones Construction, L. L. C. , trading under the name Sunpro Solar, operates as a provider of rooftop solar panels, intended for serving commercial and residential properties.
As of 2021, the company employs 3,600 employees across 56 locations in 22 states. In November 2021, ADT LLC agreed to fully acquire Marc Jones Construction, L. L. C.
for USD 825 million. 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.
The transaction with ADT LLC is expected to close by the year-end of 2021, and upon completion, the company will be rebranded as ADT Solar.
Current Investors
TGP Investments, Millstone Capital Advisors, MGG Investment Group
Primary Industry
Power & Utilities
Sub Industries
Power & Utilities, Solar Power
Website
www.gosunpro.com
Verticals
Clean Technology, Mobile Apps
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Marc Jones Construction, L.L.C. - 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 | Announced | Marc Jones Construction, L.L.C. | - | ||||||||
| Growth | Completed | Marc Jones Construction, L.L.C. | - |
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