GPB Capital has acquired Erus Energy, a provider of residential and commercial solar energy systems and services. No financial terms were disclosed.

PRESS RELEASE

PHOENIX, AZ (PRWEB) SEPTEMBER 15, 2016

August 2016: GPB Capital (http://www.gpb-cap.com), a New York based private equity and asset management firm, has acquired Erus Energy (http://www.erusenergy.com) in its quest to build a billion dollar, fully integrated green energy business.

The Erus acquisition is a keystone investment in GPB’s energy strategy. Erus’ leadership position is supported by a unique and proprietary sales process which focuses on educating customers and taking a holistic approach to energy production and savings.

“This new partnership with GPB gives Erus a launch pad to be one of the most dynamic, fastest growing energy company’s in the US.” Jesse Gee, Chairman.

ABOUT ERUS ENERGY Founded in 2005, Erus Energy is a leading developer and installer of residential and commercial solar energy systems and solutions. The Company has a fully integrated offering including sales, financing, installation, and O&M services with operations from coast to coast.