KKR Makes Minority Investment in Sol Systems
July 22, 2021
KKR made a significant minority growth investment in Sol Systems to scale the renewable energy developer’s Impact + Infrastructure platform and fund the acquisition of shovel-ready solar and storage projects. The investment includes a strategic partnership in which KKR committed up to $1 billion to acquire ready-to-build projects and support Sol Systems’ development, asset management and community-focused renewable solutions.
- Buyers
- KKR (Global Infrastructure Investors III)
- Targets
- Sol Systems, LLC
- Industry
- Renewable Energy
- Location
- District of Columbia, United States
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
KKR Acquires Majority Stake in Avantus
July 30, 2024
Energy
KKR, through investment funds and accounts it manages, acquired a majority equity interest in Avantus, a U.S. utility-scale solar and solar-plus-storage developer. With closing, KKR also arranged a $522 million development facility to support Avantus’ growth and accelerate its ~30 GW solar and 94 GWh storage pipeline.
-
KKR Makes Minority Growth Investment in o9 Solutions
April 28, 2020
AI & Machine Learning
KKR has made a minority equity investment in o9 Solutions, valuing the AI-powered integrated business planning platform at over $1 billion. The funding (from KKR Next Generation Technology Growth Fund II) is o9's first external capital raise and will be used to accelerate go-to-market initiatives, global expansion and continued product development.
-
Solar Capital Ltd. Acquires Majority Stake in Kingsbridge Holdings LLC
November 3, 2020
Financial Services
Solar Capital Ltd. acquired an 87.5% majority stake in Kingsbridge Holdings LLC on November 3, 2020, investing approximately $216 million (about $136 million of equity and $80 million of debt). The stake was purchased from TZP Capital Partners II, LP and affiliates with Kingsbridge management rolling a portion of their equity; the acquisition expands Solar Capital's specialty finance platform by adding lease origination and asset finance capabilities through Kingsbridge's equipment leasing business based in Lake Forest, Illinois.
-
KKR Makes Minority Investment in SkinSpirit
October 20, 2022
Healthcare Services
KKR has made a minority growth investment in SkinSpirit, a U.S. medical‑aesthetics and medical‑spa platform, to accelerate national expansion and talent development while founder Lynn Heublein remains in leadership. GreyLion, an earlier investor, will remain a minority owner as KKR invests through its Health Care Strategic Growth Fund II to support scaling the business.
-
Accel-KKR Makes Significant Investment in Yes Energy
January 28, 2022
Data & Analytics
Accel-KKR, a technology-focused private equity firm, announced a significant investment in Yes Energy to accelerate the company's power market data products, partnerships and acquisition opportunities. Yes Energy, founded in Boulder, Colorado, will use the funding to expand its product suite and scale to meet growing demand across North American power markets.
-
KKR Makes Strategic Investment in SupplyHouse
July 17, 2025
E-Commerce
KKR has made a strategic investment in SupplyHouse, a leading pure‑play e-commerce distributor of HVAC, plumbing, and electrical products, to support the company's long‑term growth and operational expansion. Financial terms were not disclosed; the partnership will leverage KKR's Ascendant Strategy to help SupplyHouse scale its operations, logistics network, and employee‑ownership initiatives.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.