{"id":527489,"date":"2010-04-14T14:30:32","date_gmt":"2010-04-14T18:30:32","guid":{"rendered":"http:\/\/greenenergyreporter.com\/?p=7601"},"modified":"2010-04-14T14:30:32","modified_gmt":"2010-04-14T18:30:32","slug":"greentech-capital-financial-advisors-advises-eka-systems-in-its-buyout-by-cooper-industries","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/527489","title":{"rendered":"Greentech Capital Financial Advisors Advises Eka Systems In Its Buyout by Cooper Industries"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.greenenergyreporter.com\/wp-content\/themes\/v1\/img\/cat\/cleantech.png\" width=\"8\" height=\"8\" alt=\"\" title=\"Cleantech\" \/><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.greenenergyreporter.com\/wp-content\/themes\/v1\/img\/cat\/funding.png\" width=\"8\" height=\"8\" alt=\"\" title=\"Funding\" \/><\/p>\n<p>Smart grid startup Eka Systems hired Greentech Capital Advisors as its financial adviser <a href=\"http:\/\/feedproxy.google.com\/~r\/GreenEnergyReporter\/~3\/kTK8ie7mna8\/Smart%20grid%20startup%20Eka%20Systems%20hired%20Greentech%20Capital%20Advisors%20as%20its%20financial%20adviser%20in%20its%20acquisition%20yesterday%20by%20Cooper%20Industries\" >in its acquisition yesterday by Cooper Industries<\/a> for an undisclosed amount.<\/p>\n<p>We caught up with Greentech Capital&#8217;s <a href=\"http:\/\/www.greentechca.com\/bio.asp?bioID=13\" >Craig Wellen<\/a>, who worked on the Eka deal. He expects a healthy M&amp;A deal flow this year in the cleantech sector as large industrial companies continue buying small, cash-hungry companies developing promising technologies, including smartgrid systems.<\/p>\n<p><span id=\"more-7601\"><\/span><\/p>\n<p>&#8220;[smartgrid and cleantech] companies with promising technologies can unlock more value by being part of a larger industrial,&#8221; he explains.<\/p>\n<p>He mentions that Greentech is involved in another deal, in the U.S. solar space. Acquisition talks are ongoing and he expects a public announcement in the next few weeks, declining to provide further details.<\/p>\n<p>No word on whether Cooper also hired an outside adviser. We&#8217;ve reached out to them and will post with any update.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/GreenEnergyReporter\/~4\/kTK8ie7mna8\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Smart grid startup Eka Systems hired Greentech Capital Advisors as its financial adviser in its acquisition yesterday by Cooper Industries for an undisclosed amount. We caught up with Greentech Capital&#8217;s Craig Wellen, who worked on the Eka deal. He expects a healthy M&amp;A deal flow this year in the cleantech sector as large industrial companies [&hellip;]<\/p>\n","protected":false},"author":2814,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-527489","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/527489","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/2814"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=527489"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/527489\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=527489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=527489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=527489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}