Setpoint Building Automation Sale

Industry

IndustrialsProfessional & Business Services

Company Profile

Founded in 2000 by Jim Bowie and Mark Remus, Setpoint offers energy management and building automation solutions to its customers who span a variety of verticals including: school boards, data centres, residential, commercial, municipal, and healthcare.

NewPoint’s Role

NewPoint advised Setpoint on all aspects of the process including: determining potential investors, evaluating, negotiating, and closing the transaction.

Transaction Snapshot

NewPoint evaluated international financial, strategic, and hybrid investors as potential acquirors of the Company, and ultimately closed the transaction with Management and Third Party Investors. NewPoint played the lead role in negotiating the key transaction terms, worked closely with the Company's management to facilitate the due diligence process, and provided advice on all closing documentation.

2024

was sold to

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