Good morning dealmakers, thank goodness it’s Friday! It’s Obey Martin Manayiti here with the Wire. To cap off the week, I’m looking at renewable energy deals, starting with six PE-backed deals in the solar energy sector and then the formation of Integral Energy Services, a clean energy and critical infrastructure services company, by Boyne Capital and Breakwater North. But first, let’s look at the latest deal news: Restaurant enterprise software This morning, KKR and L Catterton, a Greenwich, Connecticut-headquartered firm, were among a consortium of investors funding Restaurant365, an enterprise management software provider for restaurants, to the tune of $135 million. PE Hub subscribers can learn more details about the deal here. Automated data movement Yesterday, Vista Credit Partners provided $125 million in financing to Fivetran, an Oakland, California-based provider of automated data movement out of, into and across cloud data platforms. Fivetran said its product enables hundreds of brands across the globe, including Autodesk, Conagra Brands, JetBlue, Lionsgate, Morgan Stanley and Ziff Davis, to accelerate data-driven decisions and drive business growth. Exit Yesterday, Sentinel Capital Partners sold ECM, a New Berlin, Wisconsin-based provider of electrical connectors, tools, and test instruments, to nVent Electric for $1.1 billion. Subscribe to PE Hub to get more on this deal. Power up with solar Renewable energy investments have become one of the most attractive sectors for private equity firms in the US and beyond. This is largely rooted in the desire to tap into the vast opportunities opened by the push to tackle climate change. The US government has taken steps, including the introduction of the Inflation Reduction Act (IRA), to incentivize the development of renewable energy. Wood Mackenzie forecasts the US community solar market to grow 118 percent over the next five years. PE Hub today rounded up six PE-backed deals focusing on the development of solar energy. Head to PE Hub for the details. Broadening the pool of technicians Sticking with the renewables sector, and Florida-based Boyne Capital and Annapolis, Maryland-headquartered Breakwater North formed Integral Energy Services (IES), a North Carolina-based company that brings together three companies and over 1,000 technicians with diverse backgrounds on renewables. Upgrade to the premium version of The Wire to get more on this deal. That’s it for me today. PE Hub Europe editor Craig McGlashan will fill in for MK Flynn on Monday’s newsletter. Have a great weekend! Cheers, Obey Read the full wire commentary on PE Hub ... | 