Omnidian, a nationwide provider of residential and commercial solar system performance plans and cash-back energy guarantees, acquired the commercial solar operations and maintenance business from its partner, PV Pros.
Since completing this transaction, Omnidian oversees the performance of 1,300 megawatts (MW) of distributed solar power capacity, including 200,000 solar homes – approximately 10% of all residential solar PV in the U.S.
“This acquisition fully aligns with our strategy of using our expert staff and proprietary technology platform to support our clients and manage the performance of their residential and commercial solar systems, while leveraging an external network of field service partners for on-site maintenance and repairs,” said Mark Liffman, Omnidian CEO. “All existing PV Pros clients were migrated to our technology platform and customer support team in less than a month.”
PV Pros, headquartered in New Jersey, provides nationwide independent engineering services for investors, owners and financiers of solar PV and storage systems.
“Our clients benefit from focused service providers,” said Richard Ivins, PV Pros president. “After working with Omnidian on several fronts, we realized their focused approach to solar performance plans and our focus on IE services would deliver the highest overall level of support and performance to our clients.”
Through the acquisition, Omnidian added several staff members to administrative positions: Ben Compton as VP of C&I strategic alliances, Jesse Waters as director of commercial products and Jessica Gibbon as client success manager.
“All of these industry vets were formerly with PV Pros and were instrumental not only in the transition but also in the rapid expansion of our commercial O&M pipeline,” said Mark Liffmann.
Omnidian has been named one of the top 100 employers in Washington State for two consecutive years by Seattle Business Magazine.
News item from Omnidian
Well I suppose the follow-up news on this article is that PV Pros was acquired by Pure Power Engineering! I think there are more acquisitions to come since the industry is still averaging a 25% growth YOY as more homes and businesses are making the switch.