Bolster Acquires 80% Stake in Solar Innovator Eternal Sun

• Bolster Investment Partners acquires 80% of Eternal Sun, fueling global growth and innovation in solar simulation technology.

Bolster Investment Partners has acquired an 80% majority stake in Eternal Sun, a company specializing in solar simulators for photovoltaic testing. This strategic partnership aims to boost Eternal Sun's international expansion, product development, and professionalization, leveraging Bolster's capital and strategic support to advance the company's long-term goals in the dynamic solar market.

The acquisition involves the stakes of Vermec and ABN AMRO Sustainable Impact Fund, which supported Eternal Sun's initial and growth phases, elevating it to a mid-size market player. Bolster targets companies with leadership in niche markets, aligning well with Eternal Sun's expertise and team.

How will Bolster's acquisition impact Eternal Sun's growth and market position in solar testing?

• Enhanced financial resources from Bolster will enable Eternal Sun to invest in advanced research and development, leading to innovative solar testing solutions.
  
• The acquisition will facilitate Eternal Sun's entry into new international markets, increasing its global footprint and customer base.
  
• Bolster's strategic guidance will help Eternal Sun streamline operations and improve efficiency, strengthening its competitive edge.
• The partnership will allow Eternal Sun to expand its product portfolio, catering to a broader range of customer needs in the solar industry.
  
• With Bolster's backing, Eternal Sun can enhance its marketing and sales efforts, boosting brand recognition and market presence.
  
• The acquisition will provide Eternal Sun with access to Bolster's extensive network, opening up new collaboration and partnership opportunities.
  
• Bolster's focus on professionalization will help Eternal Sun attract and retain top talent, fostering a culture of innovation and excellence.
• The strategic alignment with Bolster will position Eternal Sun as a leader in the niche market of solar simulators, solidifying its market position.