Lens has been acquired by Tenten Solar
Tenten Solar has acquired a majority stake in Lens. This is the first add-on for Tenten Solar since Smile Invest acquired the company in 2023. In the further consolidating solar market, this acquisition will realize a considerably stronger market position.
Lens, founded in 2012, is a full-service solar partner for housing associations in the Netherlands. Lens supports housing associations in achieving their sustainability goals by providing comprehensive solutions that encompass the entire process, from preparation and installation to ongoing maintenance services.
Tenten Solar, backed by Smile Invest, specializes in the sale and installation of solar panel systems for housing associations, consumers and businesses. The company has its roots in electrical installation services and has been actively focused on solar energy since 2009. Tenten Solar has developed into a nationwide specialist in solar panels and has built an excellent reputation in the market with a large customer base especially in the eastern regions of the Netherlands.
Oaklins’ team in the Netherlands acted as the exclusive M&A sell-side advisor to Lens. The team also advised the shareholders of Tenten Solar with the sale to Smile Invest in 2023.
Talk to the deal team
Joris Gijsbers
Oaklins Netherlands
Related deals
Strawberry Equities has sold Ecohz to Caely Renewables
Ecohz, a global renewable energy company, has been acquired by environmental commodity trading house Caely Renewables from Strawberry Equities. The transaction marks an important new chapter for Ecohz and brings together two organizations with complementary strengths, aligned in their commitment to accelerating the global energy transition.
Learn moreSwiss Solar Group has acquired OmniWatt and taken a significant minority stake in enshift
Swiss Solar Group AG has acquired OmniWatt AG and taken a significant minority stake in enshift AG. With these transactions, Swiss Solar Group advances its strategic growth initiative and pursues its objective of positioning itself as a leading integrated provider of sustainable energy transition solutions in Switzerland. The transactions support the group’s strategy to expand its presence across the entire energy value chain and to achieve profitable growth in the renewable energy sector.
Learn moreSintana Energy has completed the acquisition of Challenger
Sintana Energy Inc. (TSXV: SEI) (OTCQX: SEUSF) has officially completed the acquisition of Challenger Energy Group plc (LON: CEG) (OTCQB:BSHPF) following the effective date of a court-sanctioned scheme of arrangement.
Learn more