Rillito River Solar, LLC

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Rillito River Solar, LLC - overview

Established

2008

Location

Phoenix, AZ, US

Primary Industry

Renewable Energy

About

Rillito River Solar, LLC specializes in providing advanced solar racking systems and attachment solutions tailored to diverse roofing applications, supporting the solar energy sector with innovative products designed to streamline installation processes. Rillito River Solar, LLC was founded in 2008 in Phoenix, US, and focuses on creating solar racking solutions. In November 2018, the company was acquired by Esdec BV, a portfolio company of Gilde Buy Out Partners, although specific financial terms were not disclosed. The firm has completed a total of 1 deal, with its most recent deal occurring on November 6, 2018.


EcoFasten specializes in providing innovative solar racking systems and attachment solutions tailored for various roofing types, including composition shingle, tile, concrete, and metal. The company’s core product offerings include both rail-based and rail-less solar panel mounts, designed to simplify the installation process for professional installers. Each system is patented and conforms to UL 2703 standards, ensuring safety and reliability. EcoFasten's products are particularly aimed at residential and commercial solar installers across the United States, who require efficient and watertight solutions for solar panel installations.


The portfolio also features accessories such as roof flashings and proprietary compression brackets, which enhance versatility and facilitate quicker installations. EcoFasten’s offerings leverage advanced technologies, including the patent-pending UltraGrip Technology™, providing an integrated flashing solution that eliminates the need for traditional metal flashings. EcoFasten generates revenue primarily through the sale of its solar racking systems and related products to professional installers and distributors in the solar energy sector. The company operates on a business-to-business (B2B) transaction model, supplying its products directly to solar installation companies and through partnerships with wholesalers.


Transactions typically involve bulk orders of the company’s flagship products, which include its patented solar mounting systems and watertight flashing solutions. The pricing structure reflects the quality and technological advancements of the offerings, positioning them as premium solutions in the market. This approach allows EcoFasten to establish long-term relationships with clients who are looking for reliable and efficient solar installation products, further enhancing customer loyalty and repeat business. Following the acquisition by Esdec BV in November 2018, Rillito River Solar, LLC plans to leverage its new parent company's resources to accelerate product development and market expansion.


The company is focused on designing new products to enhance its solar racking systems portfolio and intends to enter new geographic markets, although specific regions have not been detailed at this time. The funding obtained from the acquisition will be utilized to support these growth initiatives, ensuring that Rillito River Solar maintains a competitive edge within the solar energy sector.


Current Investors

Enstall Group B.V.

Primary Industry

Renewable Energy

Sub Industries

Home Improvement & DIY, Solar Power

Website

www.ecofastensolar.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Rillito River Solar, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedRillito River Solar, LLC-

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