Yellowlite, Inc.

Cleveland, Ohio

About Yellowlite, Inc.

Company overview

Yellowlite is a prominent player in the renewable energy industry, dedicated to providing sustainable energy solutions for residential and commercial customers. Founded in 2008, the company has rapidly grown into a leading provider of solar energy systems, emphasizing the importance of transitioning to clean and renewable energy sources. Yellowlite is committed to driving positive change by making solar energy accessible, affordable, and environmentally friendly. Mission: At Yellowlite, our mission is to empower individuals and businesses with renewable energy solutions that reduce their carbon footprint, decrease reliance on traditional energy sources, and contribute to a more sustainable and eco-friendly future. Vision: We envision a world where renewable energy is the primary source of power, enabling communities to thrive in harmony with the environment while fostering energy independence and resilience. Product/Service Line Breakdown: Residential Solar Solutions: Solar Panel Installation: Yellowlite offers customized solar panel installations for residential properties, tailored to meet the unique energy needs of homeowners. These solar panels convert sunlight into electricity, reducing dependence on the traditional power grid and lowering energy costs. Battery Storage Solutions: To enhance energy independence, the company provides battery storage options that allow homeowners to store excess solar energy for use during periods of low sunlight or power outages. Energy Monitoring Systems: Yellowlite offers advanced energy monitoring tools that enable homeowners to track their energy production and consumption, optimizing energy usage and efficiency. Commercial Solar Solutions: Solar System Design and Installation: Yellowlite collaborates with businesses to design and install large-scale solar systems, tailored to meet the specific energy requirements of commercial properties, reducing operational costs and environmental impact. Net Metering Solutions: The company assists commercial clients in utilizing net metering, enabling them to sell excess solar energy back to the grid and receive credits on their utility bills. Energy Efficiency Consulting: Yellowlite provides energy efficiency consulting services for businesses, identifying opportunities to reduce energy waste and enhance overall sustainability. Solar Financing and Incentives: Financing Options: Yellowlite offers various financing solutions, including solar leases, loans, and power purchase agreements (PPAs), making solar energy more accessible to customers without the need for large upfront investments. Incentive Programs: The company assists customers in navigating federal, state, and local incentive programs and tax credits, maximizing cost savings and ROI on solar installations. Solar System Maintenance and Support: Ongoing Maintenance Services: Yellowlite provides regular maintenance and monitoring services for solar energy systems, ensuring optimal performance and longevity of the installations. Customer Support: The company offers dedicated customer support, addressing inquiries and concerns related to solar system operations and performance. Educational Resources: Blog and Resources: Yellowlite maintains an informative blog and resources section on its website, providing educational content on renewable energy, solar technology, energy efficiency, and sustainability.

Keywords

Revenue

Revenue

Profit

Profit

Valuation

Valuation
Income Statement
Line Item20242023202220212020
Revenues$380 MM$250 MM$90 MM$120 MM$65 MM
Gross Profit$190 MM$125 MM$45 MM$60 MM$32.50 MM
Net Income (Loss)$43 MM$25 MM$9 MM$12 MM$6.50 MM
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Balance Sheet
Line Item20242023202220212020
Total Assets$850 MM$720 MM$680 MM$650 MM$600 MM
Total Liabilities$450 MM$400 MM$380 MM$350 MM$320 MM
Total Equity$400 MM$320 MM$300 MM$300 MM$280 MM
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Ratios

Revenue / EBITDA
123 MM
Valuation / Revenue
123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee
--
Jane DoeEmployee
John DoeEmployee
John DoeEmployee

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

Deal Amount

$120M

Target Company Valuation

$1.20 MM

Techniques

Acquisition of Assets, Taken Private

Stake Tags

100%

Is PE deal

Yes

Is deal PE backed

Yes

Total Acquired

100%

Secondary Transaction2023-09-01Canceled

Target

BrightHealth Technologies

Seller

Early Investors Consortium

Investor Sponsors

--

Deal Amount

Undisclosed

Target Company Valuation

NaN

Techniques

Secondary Sale, Management Buy-out (MBO)

Stake Tags

Majority

Is PE deal

No

Is deal PE backed

Yes

Total Acquired

65%

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