Solar Monkey and Eturnity merged on March 25, 2026, to form the European leader in installer software. The combined entity will integrate deep market knowledge and complementary product strengths across markets.
| Deal-at-a-Glance | |
|---|---|
| Acquirer: | Solar Monkey (Netherlands) |
| Target: | Eturnity (Switzerland) |
| Deal Value: | Undisclosed |
| Type of Transaction: | Merger |
| Closing Date: | March 25, 2026 |
| Announcement Date: | March 25, 2026 |
| Buy-Side Advisors: | Not disclosed |
| Sell-Side Advisors: | Not disclosed |
| Legal Buy-side Advisors: | Not disclosed |
| Legal Sell-side Advisors: | Not disclosed |
Deal Mechanics
Solar Monkey and Eturnity merged on March 25, 2026. The new combined entity aims to establish itself as the leading provider of installer software across Europe.
Strategic Rationale
The merger of Solar Monkey and Eturnity is designed to create a European leader in installer software by leveraging complementary market knowledge, product strengths, and geographical coverage. The combined company will bring together two sets of innovative solutions aimed at streamlining processes for solar installers.
Financial Context
The new entity is supported with fresh capital from investors including Klima (Spain), Junction (Belgium), Eneco Ventures (Netherlands), and Helen (Finland). This funding will be used to accelerate product development, geographic expansion, and integration efforts.