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Energy Tech Energy Storage Solutions sector

Strategic acquirers, private equity (buyout funds and growth funds) firms, and valuation benchmarks for Energy Tech Energy Storage Solutions

1.1 - About Energy Tech Energy Storage Solutions sector

Companies in Energy Tech Energy Storage Solutions design, manufacture, and integrate stationary systems that store electricity for grid-scale and commercial use. They deliver turnkey battery-based assets and control software that stabilize the grid, enable renewable integration, and provide resilient backup power. Offerings span engineering, procurement, and commissioning, plus lifecycle monitoring and service, helping customers unlock peak shaving, load shifting, and ancillary services revenue.

Typical portfolios include lithium‑ion battery energy storage systems with modular containerized enclosures, flow batteries for long-duration use cases, and thermal storage options. Vendors provide power conversion systems and inverters, battery management systems, and energy management software for dispatch optimization. Many offer microgrid controllers, SCADA integration, grid interconnection engineering, safety and fire suppression, remote monitoring, warranties, and turnkey EPC to deliver bankable BESS assets.

They serve utilities and grid operators seeking capacity firming and frequency regulation, independent power producers and renewable developers integrating solar and wind, and commercial and industrial facilities pursuing demand charge reduction and resiliency. Outcomes include improved reliability, reduced curtailment, optimized arbitrage and peak shaving, faster grid interconnection, and monetization of ancillary services through automated dispatch and market participation.

2. Buyers in the Energy Tech Energy Storage Solutions sector

2.1 Top strategic acquirers of Energy Tech Energy Storage Solutions companies

Form Energy Logo

Form Energy

HQ: United States Website
  • Description: Provider of multi-day energy storage systems that use iron-air battery technology capable of storing electricity for up to 100 hours, enabling reliable, long-duration power to support renewable energy grid integration.
  • Key Products:
  • Multi-day Energy Storage System: Grid-scale solution that stores electricity for up to 100 hours, supplying long-duration power to maintain grid stability when renewable generation is low
  • Iron-Air Battery Technology: Metal-air electrochemical cells using iron and air chemistry to deliver 100-hour discharge at low cost, providing dispatchable clean energy for utilities.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
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2.2 - Strategic buyer groups for Energy Tech Energy Storage Solutions sector

M&A buyer group 1: Grid Energy Storage

16 companies View group →
Description: Companies in this category design, integrate, and operate large-scale energy storage assets that stabilize the power grid and enable higher penetration of renewables. Energy Tech Grid-Scale Storage Solutions vendors deliver turnkey systems combining batteries or other storage media with control software, enabling peak shaving, frequency regulation, capacity firming, and resiliency. Their value lies in optimizing dispatch, reducing grid congestion, and deferring costly transmission and distribution upgrades.
KORE Power

KORE Power

Website HQ: United States
  • Type: N/A
  • Employees: ●●●●●
  • Description: Provider of U.S-based battery cell technology and vertically-integrated energy storage solutions, manufacturing lithium-ion cells, batteries and turnkey systems at its net-zero KOREPlex facility (12 GWh capacity) to serve e-mobility, utility, industrial and mission-critical markets worldwide and support global decarbonization and grid reliability.
  • Key Products:
  • KORE Battery Cells: Lithium-ion battery cells produced at the 12 GWh-per-year KOREPlex facility, supplying high-performance
  • American-made building blocks for energy storage and e-mobility applications
  • KORE Battery Energy Storage Systems (BESS): Turnkey
  • U.S-built multi-MWh battery systems that integrate KORE cells
  • BMS and HVAC to shave peaks, strengthen grid reliability and power projects like the 2 MW/8 MWh South Street Storage and 41.2 MWh Producers Rice Mill installations
  • Network Operations Center & Asset Management: In-house NOC delivers 97 % system availability through continuous monitoring, rapid field response and lifetime maintenance, ensuring uptime and optimized performance of deployed storage assets
  • Applications Engineering & Project Partnership: End-to-end support including site design, pre-commissioning walk-throughs, first-responder training and ongoing optimization, partnering with utilities and C&I clients to safely deploy and operate storage solutions.
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Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms in Energy Tech Energy Storage Solutions sector

3.1 - Buyout funds in the Energy Tech Energy Storage Solutions sector

Buyout Funds investing in Energy Tech Energy Storage Solutions companies

51+ funds
Description: Buyout funds focused on Energy Tech Energy Storage Solutions companies globally.

TPG

Website HQ: United States
  • Type: Buyout
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: Technology companies in Energy Tech Energy Storage Solutions
  • Relevant M&A transactions / similar portfolio companies:
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2.2 - Strategic buyer groups for Energy Tech Energy Storage Solutions sector

Growth Equity Funds in Energy Tech Energy Storage Solutions companies

41+ funds
Description: Growth equity funds focused on Energy Tech Energy Storage Solutions companies globally.

Idinvest Partners

Website HQ: France
  • Type: Growth
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: High-growth companies in Energy Tech Energy Storage Solutions
  • Relevant investments / similar portfolio companies:
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4 - Top valuation comps for Energy Tech Energy Storage Solutions companies

4.2 - Public trading comparable groups for Energy Tech Energy Storage Solutions sector

Description: Companies in this public trading comparables group design, manufacture, integrate, and operate battery energy storage technologies and systems spanning residential, commercial/industrial, and utility-scale markets. Business models range from advanced cell manufacturing to turnkey BESS integration, power electronics, and asset operation. They are grouped as valuation benchmarks given shared exposure to storage demand, hardware-plus-software revenue streams, project deployment cycles, and performance-driven economics.
Vistra Energy logo

Vistra Energy

  • Enterprise value: $●●●m
  • Market Cap: $●●●m
  • EV/Revenue: ●.●x
  • EV/EBITDA: ●●.●x
  • Description: Provider of integrated retail electricity and power generation services, offering essential resources to customers, businesses, and communities across the United States. Operates a diverse power generation fleet including natural gas, nuclear, coal, solar, and battery energy storage facilities, with a focus on reliability, affordability, and sustainability.
  • Key Products:
  • Retail Electricity: Provides electricity to residential and business customers through brands like TXU Energy and Ambit Energy
  • Power Generation: Operates a fleet of natural gas, coal, nuclear, solar, and battery energy storage facilities
  • Energy Storage: Offers battery energy storage solutions for grid reliability and renewable integration
  • Energy Consulting: Provides energy management and consulting services to optimize energy use and reduce costs
  • Renewable Energy: Develops and operates solar and other renewable energy projects.
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Revenue growth
Median
15.7%
2025E
16.0%
2026E
EBITDA margin
Median
28.2%
2025E
28.6%
2026E
Cash EBITDA margin
Median
27.6%
2025E
28.0%
2026E
EV/Revenue
Median
8.4x
2025E
6.8x
2026E
EV/EBITDA
Median
28.9x
2025E
24.4x
2026E
EV/Cash EBITDA
Median
29.0x
2025E
25.5x
2026E
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4.3 - M&A Transactions in the Energy Tech Energy Storage Solutions sector

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

Buyers & Acquirers in Energy Tech Energy Storage Solutions sector

Who are the top strategic acquirers of Energy Tech Energy Storage Solutions companies?

Top strategic buyers in this sector include Form Energy, a provider of multi-day energy storage systems that use iron-air battery technology capable of storing electricity for up to 100 hours, enabling reliable, long-duration power to support renewable energy grid integration. .

Which buyer groups are most relevant for Energy Tech Energy Storage Solutions companies?

Relevant strategic buyer groups similar to the Energy Tech Energy Storage Solutions sector include Grid Energy Storage because they share similar customer segments and product capabilities.

Financial Investors in Energy Tech Energy Storage Solutions sector

Which are the top PE firms investing in Energy Tech Energy Storage Solutions companies?

Potential investors in the broader Energy Tech Energy Storage Solutions space include Idinvest Partners and TPG.

Who are the top buyout funds acquiring Energy Tech Energy Storage Solutions companies?

Active PE funds and buyout funds acquiring companies in the Energy Tech Energy Storage Solutions space include TPG.

Who are the top growth equity funds investing in Energy Tech Energy Storage Solutions companies?

Growth funds investing in the broader Energy Tech Energy Storage Solutions sector include Idinvest Partners.

Valuation of Companies in Energy Tech Energy Storage Solutions sector

Which are the key public companies that are relevant trading comps for Energy Tech Energy Storage Solutions companies?

Key trading comparable groups include Vistra Energy, a provider of integrated retail electricity and power generation services, offering essential resources to customers, businesses, and communities across the united states. operates a diverse power generation fleet including natural gas, nuclear, coal, solar, and battery energy storage facilities, with a focus on reliability, affordability, and sustainability..

Which are the key trading comparable groups for Energy Tech Energy Storage Solutions companies?

Similar trading comparable companies include Battery Energy Storage Technology Companies. Our platform tracks detailed trading comparable groups in the Energy Tech Energy Storage Solutions sector with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in the Energy Tech Energy Storage Solutions sector?

Our platform tracks M&A transactions in the Energy Tech Energy Storage Solutions sector with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Energy Tech Energy Storage Solutions?

Access recent funding rounds in the Energy Tech Energy Storage Solutions sector including growth equity, venture capital, and buyout investments. Our database includes round size, lead investors, valuations, and use of proceeds.

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