PACE Equity’s founder and president, Beau Engman, sat down with Olivia Lueckemeyer of Lone Star PACE to discuss our recent acquisition by Aquarian Holdings and the $1B investment the acquisition brings.
Since the inception of the C-PACE over 10 years ago, PACE Equity has stood out as a leader and innovator in the industry. As the C-PACE industry has grown, so has PACE Equity. “Our business has grown very dramatically”, said Beau Engman. “Before this transition we were the largest independent C-PACE provider, holding everything on our own balance sheet.” To keep pace with the rapidly expanding market for our financing, Engman recognized the benefit in adding a strong financial partner. The search for a partner resulted in a partnership with Aquarian Holdings, a diversified global holding company. “In the end, Aquarian emerged as a perfect partner. They have a strong willingness and capability to grow together.”
