||SolarWrights Inc., a provider and installer of solar and wind systems to customers across New England, has extended its reach with the purchase of Guilford, Conn.-based Sunsearch LLC. Financial terms were not disclosed.
“This acquisition will allow SolarWrights to expand our geographic location into the southwest corner of Connecticut and further strengthen our solar thermal division,” Robert W. “Bob” Chew, founder and president of SolarWrights, said in a statement.
Sunsearch founder Everett Barber, who has joined SolarWrights as its chief solar-thermal engineer, “is well-respected, and an established name in the solar industry,” Chew said. “We are particularly impressed with his expertise in the field of solar-thermal technology.”
Sunsearch, founded in 1975, focused on the design, installation and servicing of solar energy systems in Connecticut, Rhode Island and Massachusetts.
Its acquisition – SolarWrights’ second this year after its January purchase of Springfield, Mass.-based renewable-energy firm Kosmo Solar Inc. – gives the company a total of nine offices and about 70 employees across the Northeast.
“This acquisition represents an exciting growth opportunity for SolarWrights,” said Mark Nelson, the company’s vice president of business development. The company – honored by Providence Business News in 2006 as the Fastest Growing Private Business in Rhode Island and ranked among the fastest-growing businesses again last year – “is rapidly expanding through both acquisitions and organic growth,” Nelson added. Its strategy “includes future acquisitions of quality companies like Sunsearch.”
SolarWrights Inc. – founded in 1977 as solar contracting firm R.W. Chew Co. Inc. – is an alternative energy contractor focusing on the design and installation of solar-electric (photovoltaic), solar-thermal and wind-energy systems for commercial and residential use. Based in Bristol, it also has offices in Connecticut, Massachusetts, New York and Vermont. SolarWrights was honored by PBN in both 2007 and 2008 as one of the Best Places to Work in Rhode Island. (READ MORE) To learn more, visit www.SolarWrights.com.