Deal Announcement

goetzpartners advised CONSTELLATION Energy GmbH

goetzpartners advised CONSTELLATION Energy GmbH, an investment company of CONSTELLATION Capital AG on the acquisition of Sonalis with a Red-Flag Commercial Due Diligence 

Due Diligence
Energy and Utilities
Transaction
August 2024
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goetzpartners advised

CONSTELLATION Energy GmbH with a

Red-Flag Commercial Due Diligence

on the acquisition of Sonalis GmbH and Sonalis Luxembourg S.A.

value not disclosed

Fortlane Partners advised CONSTELLATION Energy GmbH, an investment company of CONSTELLATION Capital AG („CONSTELLATION“) with a Red-Flag Commercial Due Diligence on the acquisition of Sonalis GmbH and Sonalis Luxembourg S.A. ("Sonalis"), a fast-growing and leading provider of roof-top photovoltaic (PV) planning and installation services for residential and commercial photovoltaic systems. Sonalis will seamlessly complement and strengthen CONSTELLATION’s platform investment, CONSTELLATION Energy GmbH, where Fortlane Partners also provided Commercial Due Diligence services amid its acquisition in 2023.

 

The project included an analysis of market size and growth of photovoltaic systems for private and commercial use cases particularly in Luxembourg. Subsequently, Fortlane Partners assessed the regulatory environment and status of national as well as European subsidies, and benchmarked European countries by their energy transition targets to validate the country's commercial attractiveness.

 

Following a multitude of projects in the past years, the Red-Flag Commercial Due Diligence complements our extensive track record of providing strategic and commercial advisory services in the European renewable energy sector in general and the PV installation services sector in specific.

About Sonalis
Founded in 2009 and headquarted in Neunkirchen, Sonalis has become full-service provider for photovoltaic installation and maintenance services with a focus on residential and commercial systems in Luxembourg and the Saarland region. The product offering is enriched by sophisticated financing and insurance solutions.

About CONSTELLATION CAPITAL
CONSTELLATION is an independent investment company that invests in SMEs at eye level with entrepreneurs and founders. By contributing comprehensive expertise, its network and financial resources, CONSTELLATION supports entrepreneurs of service companies in developing into sustainable market leaders in the SME market.

 

Transaction team:


Dr. Gerrit Schütte
Managing Director

 

Alexander Reitmann
Partner
 

Marc-Philippe Leitzbach
Associate Consultant

 

Paul Pochanke 
Associate Consultant