Obey Martin Manayiti
EQT’s investment comes at a time when there are growing fears of a recession that could affect the operation of renewable projects and slow the pace at which projects can be brought online.
'We look forward to a market where rational investors are appropriately rewarded for taking risk and building value,' he said.
'The reason why we think it [CrossCountry] will be resilient is that a lot of our services are not tied to those macro factors,' said Tayeh.
'We are optimistic about the organic growth ahead of the company,' said Katie Lankalis, vice president at LLR Partners.
Additional opportunities are also rooted in the Inflation Reduction Act (IRA) of 2022 and the Infrastructure Investment and Jobs Act (2021), which have billions of dollars in allocation to support the energy sector.
'There is real benefit in these smart home systems to have all the different pieces as part of a single system,' said Wallace.
Apollo described the transaction as one that underscores its commitment to driving a more sustainable future.
The investment is made in partnership with Salon Republic’s founder and chief executive Eric Taylor, alongside the company's management.
Some of Milestone’s clients are drawn from the largest and fastest growing companies in the technology, healthcare, and consumer markets.
Trilantic partner Charles Fleischmann said many homeowners now see the backyard as a second living room.