Stem, inc. to acquire also energy holdings, inc.

Toronto, dec. 16, 2021 (globe newswire) -- clairvest group inc. (tsx: cvg) (“cvg”), today announced that it, a partnership managed by it, clairvest equity partners v (“cep v”, collectively “clairvest”), and the other shareholders of also energy holdings inc. (“alsoenergy” or the “company”) have entered into an agreement to sell their interests in alsoenergy to stem, inc. (nyse: stem) (“stem”). the proposed transaction is expected to close in q1 2022 after satisfaction of customary closing conditions, including notification requirements under applicable u.s. antitrust laws.
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