Snell & Wilmer Advises Solar Sales Platform and Marketplace Quativa as it Secures $7 Million Series A Financing Round Led by Blueprint EquityNovember 17, 2021
LOS ANGELES – Snell & Wilmer advised client Quativa, Inc. (Quativa), a revolutionary residential solar sales platform and marketplace, in its $7 million growth equity investment by software and technology-focused growth equity firm Blueprint Equity.
Quativa is a software platform and marketplace for the residential solar ecosystem. Its all-in-one solution streamlines residential solar projects by connecting sales teams to homeowners, lenders, and solar installation companies through a single application, through which the entire transaction takes place. "This funding will fuel the ongoing development of our first-of-its-kind sales platform for the solar industry which links solar sales teams, installers, homeowners, and lenders. It will also help us accelerate our roadmap for the future – broader coverage, upgraded usability, and new tools – we couldn’t be more excited about the future," said Dallen Gietz, Co-Founder and CEO of Quativa in a recent press release.
Rose Sorensen led the Snell & Wilmer team advising Quativa in the deal. The diverse team also included Imeabasi Ibok (corporate), Bahar Schippel (tax), Greg Gautam (employee benefits), R. Lee Fraley and Gabrielle Morlock (intellectual property).
Snell & Wilmer's corporate and securities attorneys have served as counsel to a substantial number of clients ranging from Fortune 100 companies to smaller emerging businesses. Our attorneys have provided sophisticated legal representation to biotech companies, health care and financial institutions, public utilities, homebuilders, transportation companies, restaurant and hospitality providers, athletic complexes, fitness facilities and many other types of businesses. Snell & Wilmer’s venture capital and private equity practice covers multiple aspects of the transactional arena involving representation of both public and private companies and domestic and international funds. The work involving public and private companies includes the structuring and execution of majority buyouts and minority investments, acquisitions (including buy- and sell-side deals, as well as negotiated and auction deals), financings (including 144A transactions and PIPEs), going-private transactions, and spin-off transactions. Snell & Wilmer’s representation of domestic and international funds includes venture capital, private equity, hedge, mezzanine, real estate opportunity, fund-of-funds, exchange, and other private investment funds.