Mirova Announces The Acquisition Of Sunfunder, A Specialist In Emerging Market Clean Energy And Climate Investment, And Accelerates Its Ambition To Become A Global Leader In Impact Investing

Jun 21, 2022•about 3 years ago

Acquiring Company

Mirova

Acquired Company

SunFunder

Financial ServicesMobileNatural ResourcesData And AnalyticsMobileEnergySustainability

Description

Financing the environmental and energy transition is a key objective for Mirova, an affiliate of Natixis Investment Managers dedicated to impact investing. With the acquisition of SunFunder, a private debt management company that finances renewable energy projects in Africa and Asia, Mirova is expanding its investment platform in emerging markets. This is a major step in Mirova's development strategy in real assets.

Company Information

Company

Mirova

About

Mirova is a management company dedicated to sustainable investment and an affiliate of Natixis Investment Managers. Through conviction management, Mirova's goal is to combine long-term value creation and sustainable development. Pioneers in many areas of sustainable finance, Mirova's talents aim to continue innovating in order to offer their clients solutions with high environmental and social impact. Mirova and its affiliates manage €27.2 billion as of March 31, 2022. Mirova is a mission-driven company, labeled B Corp1. 1 The reference to a ranking or a label does not prejudge the future performance of the funds or its managers Portfolio Management Company - Anonymous Company RCS Paris No.394 648 216 - AMF Accreditation No. GP 02-014 59, Avenue Pierre Mendes France – 75013 - Paris Mirova is an affiliate of Natixis Investment Managers. > Website: http://www.mirova.com/ > Follow Mirova on LinkedIn and Twitter

M&A Insights

Based on deal data

Integration timeline

70% of M&A integrations take 12-24 months to complete

Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

Success factor

M&A deals with strong technology integration plans are 2.5x more likely to succeed