Global Environment Fund

Global Environment Fund is a private equity and venture capital firm specializing in seed start up middle market, emerging growth, buyouts and growth equity. It seeks to invest in clean energy and environmental services, natural resources, independent power, gas distribution, consumer products and services, resource efficiency, sustainable forestry, timberland, agricultural processing, transportation logistics, and emerging markets in businesses that provide cost-effective solutions to environmental and energy challenges. Within growth equity, the firm seeks to invest in products or services in the renewable energy, energy management technologies, energy efficiency and environmental infrastructure industries that are helping to meet growing commercial demand in key sectors of the core economy such as energy generation, environmental control, urban environment, transportation and manufacturing to be more clean and efficient. In sustainable forestry, it typically makes direct equity investments in mid-sized, sustainable forest management companies those profiting from outstanding forest management practices, including the manufacture of environmentally certified wood products. In emerging markets, it seeks to invest in clean energy, integrated waste management, water and wastewater treatment, clean industrial technology, and healthcare services. The firm also invest in solar, wind, hydropower, biofuels, natural gas, energy efficiency, batteries, and green information technologies, transportation, water, and green buildings, alternative energy resources, renewable electricity, fertilizers and agriculture chemicals, air freight and logistics, business services, food, Materials, energy equipment and services, wood products, industrial machinery, agriculture machinery and equipment, retailing, industrials, consumer services, and consumer discretionary. The firm invests around the world with focus on sub-Saharan Africa with a focus on Gabon, Mozambique, Tanzania, Swaziland, South Africa, Uganda, Ghana, Malawi, Zambia, and South Asia including Bangladesh, India, Nepal, Pakistan, and Sri Lanka. It primarily invests in the United States with focus on North America, Latin America for growth equity, in Africa with a focus on Sub-Saharan Africa for sustainable forestry, and focuses on China, India, Brazil, Turkey, Mexico, South Africa, Southeast Asia, and Eastern Europe for emerging markets. The firm seeks to invest between $5 million and $30 million in companies with sales value between $5 million and $30 million. It prefers taking a minority and majority stake in companies and seeks a board seat on its portfolio companies. It typically holds its investment for five years or more and seeks to exit its investments through listing on a major stock exchange, sale to a strategic buyer, or through trade sales. The firm can make syndicated investments. Global Environment Fund was founded in 1990 and is based in Bethesda, Maryland with additional offices in Washington, District of Columbia; Cape Town, South Africa; Sao Paulo, Brazil; and Mumbai, India.

John Earhart

Chairman and Founding Partner

Jeffrey Leonard

President, CEO and Founding Partner

Scott MacLeod

Managing Partner

George McPherson

MD of Private Equity and Sustainable Investments

NP

Nicholas Parker

Special Director

Lisa Schule

MD

Past deals in Greenland

Essex Corporation

Private Equity Round in 2000
As of January 25, 2007 Essex Corp. is acquired by Northrop Grumman Space & Mission Systems Corporation. Essex Corporation, through its subsidiaries, provides signal processing, image processing, information processing, information assurance, and engineering innovations for the U.S. Government intelligence and defense customers. It provides processing solutions using optical, optoelectronic, and software technology within the five business areas: Signal Processing, Image Processing, Information Processing, Information Assurance, and Engineering Innovations. The company’s Signal Processing solutions include integrated signal processing solutions, advanced optical signal processors, radar signal processors, and communications and networks. Its Image Processing business includes 3-D imaging and geographic information systems. The company’s Information Processing business includes cognitive processing and critical information infrastructure services. Essex Corporation’s Information Assurance business includes information and network security solutions, as well as information warfare. Its Engineering Innovations include embedded systems, and engineering design, development, and deployment. Essex Corporation was incorporated in 1969 and is headquartered in Columbia, Maryland

Chainalytics

Venture Round in 2012
Chainalytics is a recognized global leader in supply chain consulting, analytics, and market intelligence. The company's mission is to help companies capture the maximum value from their supply chain. With end-to-end supply chain expertise, Chainalytics supports supply chain transformation at every planning horizon – strategic, tactical, and operational – and across multiple domains. Its specialties include Supply Chain Design, Sales & Operations Planning (S&OP), Logistics Operations, Transportation, Service Supply Chain, and Packaging Optimization. With locations in North America, Europe and Asia, Chainalytics serves companies globally in a borderless fashion. To learn more, visit www.chainalytics.com.

Mahindra REVA

Series B in 2008
REVA is a battery electric vehicle designed for low speed, congested, urban conditions and is classified as a quadricycle (category L7e) under UK and European law. REVA is designed to be unique and stands out on the road as a genuine city car with a mature expression. The advanced technologies used, make it highly differentiated and superior to other makes. It has all the inherent benefits of an Electric Car and is indeed a revelation in city mobility

OPTIMOZ

Series A in 2018
Optimoz, Inc. offers digital transformation services that enables enterprises and federal agencies to accelerate development and delivery of applications. The company specializes in cloud computing, DevSecOps, continuous integration and Continuous Delivery, and application development leveraging on microservices and application program interfaces (API) architecture. It offers managed cloud computing services, such as cloud deployment support, monitoring, alerts, and escalations 24*7*365. The company helps to deliver service level agreements (SLAs)with automated scaling. The company was incorporated in 2013 and is headquartered in Bethesda, Maryland.

Greenko Group

Private Equity Round in 2009
Greenko Group is one of India's fastest growing Independent Power Producers, focusing on developing clean energy assets in India to meet Indian's ever increasing demand for power. The group is listed on the London Stock Exchange's Alternative Investment Market (AIM), having its asset base in India. Currently has over 120 MW of contracted capacity including 6 hydro & 6 biomass plants and nearly 350 MW of licenses under development.

MRO Software

Private Equity Round in 1997
MRO Software engages in the development, marketing, sale, and distribution of strategic asset and service management solutions. The company's Maximo Enterprise Suite offer customers to manage the complete lifecycle of strategic assets, including planning, procurement, deployment, tracking, maintenance, and retirement. Its products include MAXIMO for the enterprise asset management market and MAXIMO MainControl for the information technology asset management market.

Kilombero Valley Teak Company Ltd.

Private Equity Round in 2011
Kilombero Valley Teak Company Ltd., a private teak plantation company, engages in planting, harvesting, managing, and protecting teak plantations. The company also processes, produces, markets, and exports various timber and value added products, such as rough squares, air and kiln dried rough sawn timbers, finger jointed edge glued panels, unfinished solid floorings, and decking products. In addition, it engages in protecting and managing native forests and wetlands. The company sells its products in Tanzania and internationally. Kilombero Valley Teak Company Ltd. was founded in 1992 and is based in Dar es Salaam, Tanzania.

Haverfield International Incorporated

Private Equity Round in 2007
Haverfield Aviation, Inc. is an aerial power line inspection, maintenance, and repair services provider headquartered in Pennsylvania.

Sensaphone

Series B in 2005
Sensaphone provides enterprise-class wireless sensor networks solutions for mission critical applications. It offers SensiNet platform, a general purpose wireless sensor network for a range of applications in industrial and commercial environments; wireless smart sensors that provide customers with the real-time process, equipment status, and environmental information for analysis and decision making; and Services Gateway, a self-contained network management and access appliance that provides data access and external communications for SensiNet. The company also provides Mesh Router, an intelligent repeater that optimizes and extends the operating range of a SensiNet wireless sensor; SensiNet software that connects to external systems, such as custom and software, legacy applications, or web-based applications through a set of web-standard interfaces; and SensiNet technology, a mesh networking protocol that automatically manages the Sensicast mesh network, as well as provides mesh network performance in collecting, routing, and delivering sensor data. In addition, it offers general purpose temperature monitoring kits and power monitoring kits. The company provides various temperature and humidity monitoring, as well as data center temperature, power, and ventilation monitoring solutions. Sensicast Systems, Inc. was formerly known as Distribute Wireless Network, Inc. The company was founded in 2002 and is based in Needham, Massachusetts.

Shakti Pumps (India) Limited

Private Equity Round in 2014
The Shakti saga dates back to the year 1982. Like every other beginner we too had a humble beginning. Weighing every opportunity, making the best of whatever came our way. But we had a dream that was big, a restless urge to grow and a determination that was strong as steel. We wanted to be recognized as one of the most respected names in the manufacturer of stainless steel submersible pumps. And we did it. Shakti became a limited company in the year 1995 and we are one of the few Indian companies catering to the International Markets. Today our brand Shakti, is a force to reckon with. We are answering the water needs of more than 70 countries which are growing with each passing year. Owing our success to a strong product line and technology that is at par with the best international market, Shakti Pumps (I) Ltd. has carved a niche amongst quality conscious users around the globe. Shakti is among the few pioneers in the world to produce 100% stainless steel submersible pumps. Today, Shakti is rubbing its shoulders with the best brands in the world with advanced technology and innovation as its hallmarks. The main focus of the company is to manufacture quality pumps which consume less energy, have long life and are easy to maintain. The fineness in quality coupled with energy and efficiency is the key difference which helps us to maintain leadership in the Global Pump Industry. We have developed the most advance assembly line, right from the very beginning. Shakti is equipped with high efficiency equipments; we specialize in rolling out intricately designed and flawlessly assembled top quality products, from our facilities manned by highly skilled manpower. Fully computerized testing division monitors the performance of every single pump. Hence, maintaining a regular quality code. Horizons are still expanding. With the operational New Units in Sector III, Pithampur Industrial Area & SEZ (Special Economic Zone) Pithampur, we have units that operate & function for different product groups to meet the needs of domestic as well as international markets.
Greenland Hong Kong Holdings Limited, formerly SPG Land (Holdings) Limited (00337.HK), is majority-owned by Greenland Holding Group ("Greenland Group"), a Fortune Global 500 company. Greenland Group acquired 60% of the enlarged share capital of SPG Land and renamed it "Greenland Hong Kong Holdings Limited" ("Greenland Hong Kong") upon the completion of the transaction. Greenland Hong Kong will provide Greenland Group with an international capital operation channel and brand display window, a new growth driver for Greenland Group to achieve higher goals, a bridge to link up domestic and overseas resources and a powerful support to the sustainable development of Greenland Group. Greenland Hong Kong will serve as a financing vehicle for Greenland Group's quality projects to access capital from international markets. It will also realize business and capital growth by ways of acquisition and debt issuance.

Euromedic Hungary

Private Equity Round in 2000
Euromedic International is a provider of healthcare services that specializes in advanced diagnostic imaging and cancer care. The Company operates 141 medical centers in 14 countries. Central and Eastern Europe account for c.60% of the business (key countries include Poland, Hungary, Czech Republic, Romania, and Turkey), with the remaining 40% generated in Western Europe (mainly Switzerland and Northern Italy).

Unirac, Inc.

Private Equity Round in 2006
Unirac is a manufacturing company that produces and installs PV mounting systems. The company specializes in product development and provides mounting solutions to its customers through competitively priced products, responsive customer support, integrated technology solutions, and engineering services. It offers solar mounts; SUNFRAME, a shared rail system with gap-free rows; roof mounts; large arrays; and ground fixed tilts. The company serves homeowners and commercial customers through a network of stocking distributors in North America and internationally. Unirac was founded in 1998 and is headquartered in Albuquerque, New Mexico.

Rumo

Private Equity Round in 1998
Rumo S.A., through its subsidiaries, provides rail transportation services. It operates through four segments: Northern Operations, South Operations, Central Operations, and Container Operations. The company offers logistics services primarily for export commodities, including integrated transport solution, handling, storage, and shipment from the production centers to the southern and southeast ports. The company transports agricultural commodities, including fertilizers, corn, wheat, soy, bran, vegetable oil, and sugar; and fuel, construction, steel, forestry, consumption, petrochemical, and container products. It is also involved in the terminal and storage operations; and provides container logistics services for various cargo, including meats, wood, and other consumer goods. The company was formerly known as ALL – América Latina Logística S.A. Rumo S.A. was founded in 1997 and is headquartered in Curitiba, Brazil.

Mahindra REVA

Venture Round in 2006
REVA is a battery electric vehicle designed for low speed, congested, urban conditions and is classified as a quadricycle (category L7e) under UK and European law. REVA is designed to be unique and stands out on the road as a genuine city car with a mature expression. The advanced technologies used, make it highly differentiated and superior to other makes. It has all the inherent benefits of an Electric Car and is indeed a revelation in city mobility

Blue Ridge Numerics

Private Equity Round in 2006
Blue Ridge Numerics, Inc. designs and sells CFD software in North America. It offers CFdesign, which enables mechanical engineers to study fluid flow and thermal performance in virtual prototyping. The company's software turns MCAD, autodesk inventor, CATIA modeling, CoCreate OneSpace modeling, Pro/engineer, solid edge, solidworks, spaceclaim, and NX workstations into an interactive flow bench, thermal test rig, and wind tunnel. It also provides engineering services. Blue Ridge Numerics, Inc. was founded in 1992 and is based in Charlottesville, Virginia with offices in the United States, Europe, and Asia.

Sanepar

Private Equity Round in 1999
Companhia de Saneamento do Paraná - SANEPAR provides sanitation services in Brazil. The company is involved in the water treatment and distribution; and collection and treatment of sewage and solid waste, as well as study, project, and construction work of facilities. It also offers advisory and technical assistance services for related activities. The company provides sanitary services in 345 municipalities of Paraná and Santa Catarina. It operates approximately 168 water treatment plants; 1,104 wells; 249 sewage treatment plants; and 3 landfills. The company was founded in 1963 and is headquartered in Curitiba, Brazil.

Cantaloupe Systems, Inc.

Series C in 2010
Cantaloupe Systems is the premier provider of cloud-based SaaS, IoT technologies that delivers an integrated end-to-end solutions for cashless payments, dynamic route scheduling, automated pre-kitting , merchandising and inventory management for the unattended retail space. We drive clients to modernize their business resulting in increased revenues, greater route efficiency and streamlined back office administration. With hundreds of thousands of points of sale being managed by our platform, Cantaloupe Systems’ solutions give operators full control and visibility over their customers and operations so they can more proactively, predictably, and competitively run their business.

Sai Sudhir Infrastructure

Private Equity Round in 2011
Sai Sudhir Infrastructure provides infrastructure construction services. The Company undertakes various projects, including drinking water supply, industrial water, sewage systems, distribution lines, and substations construction. SAISUDHIR Infrastructures conducts business throughout India.

Gro-Well Brands

Acquisition in 2017
Since 1855, the GRO-WELL® name has been trusted by homeowners and gardeners for the finest in all-natural and organic lawn and garden products. GRO-WELL Brands, Inc. is the oldest registered brand name in the industry, and is one of the largest companies emphasizing natural and organic products in the Southwestern Region of the United States. For more than 150 years, GRO-WELL has been dedicated to research and development. GRO-WELL is inspired by nature and motivated to help create a better environment using nature’s own resources.

The KeyW Holding Corporation

Venture Round in 2008
KEYW is an adaptable, powerfully capable company whose members have made many important, creative contributions to science, defense, space and the intelligence community. They take pride in these contributions to security and the quality of life. Even more, they are grateful to their customers for entrusting critically important tasks to them. The people of KEYW take on new challenges with confidence and commitment. They are an unbeatable team with the technical, management and financial capacity to perform the tough assignments of the future.

Athena Technologies

Private Equity Round in 2000
Athena Technologies of Warrenton, Va., designs and manufactures the GuideStar family of flight control systems for commercial aircraft, unmanned aerial vehicles, target drones and missiles.

Aurora Flight Sciences

Private Equity Round in 1999
Aurora Flight Sciences designs and builds aerospace vehicles for commercial and military applications. Aurora is headquartered in Manassas, VA, and operates production facilities in Bridgeport, WV, and Columbus, MS as well as a Research and Development Center in Cambridge, MA.

Peak Timbers

Venture Round in 2012
Peak Timbers is a plantation forest and sawmilling company with operations located in Swaziland. The company owns a total property base of approx 31,000 hectares, of which 22,000 hectares are plantable, and a sawmill designed to process both pine and eucalyptus.

Concord Enviro Systems

Venture Round in 2015
Concord Enviro formed in 1991 with an aim to bring Reverse Osmosis Technology to the Indian Market. In its 25 years of existence, Concord has partnered with various product companies to deliver solutions around water and wastewater recycle to Industries, Government, Defense establishments, offshore oil and gas platforms etc. The solution has always centered around an approach to make the existing process more efficient and sustainable.

ESDS Software Solution Pvt. Ltd.

Private Equity Round in 2018
ESDS Software Solution Pvt. Ltd. is data center service and Auto-Scalable cloud Solution provider. It is engaged in eco-friendly technologies based on its patented eNlight cloud Technology that saves up to 70% of hardware resources of IT systems, resulting in substantial power savings and environment conservation by data centers and ESDS customers. The company was founded in 2005 and is based in Nashik, India.
Beijing Deqingyuan Agricultural Technology Co.,Ltd. engages in production and sales of eggs. The company offers eggs and egg products, such as shell eggs, eco-eggs, nutritional liquid eggs, chicken meat, and organic vegetables and fruits. The company operates an eco-plant that includes shell and liquid egg processing facilities, feed formulation, a biogas power plant, and a chicken meat processing plant. Beijing Deqingyuan Agricultural Technology Co.,Ltd. was formerly known as Beijing Baodi Qingyuan Agricultural Technology Co Ltd. and changed its name to Beijing Deqingyuan Agricultural Technology Co.,Ltd. in October 2004. The company was founded in 2002 and is headquartered in Beijing, China.

Indian Energy Exchange

Private Equity Round in 2014
Indian Energy Exchange Limited operates a power trading platform. The company enables price discovery and risk management for participants of the electricity market, including industries eligible for open access. Its products include Day-Ahead-Market, a physical electricity trading market for deliveries for any/some/all 15 minute time blocks in 24 hours of next day starting from midnight; Term-Ahead-Market that provides a range of products allowing participants to buy/sell electricity on intra-day, day-ahead contingency, and daily and weekly contracts; Real-Time Market, an auction session every half an hour with power to be delivered after 4 time blocks or an hour after gate closure of the auction; Renewable Energy Certificates to ease the purchase of renewable energy by the state utilities and obligated entities; and Energy Saving Certificates. The company was incorporated in 2007 and is based in New Delhi, India.
Beijing Deqingyuan Agricultural Technology Co.,Ltd. engages in production and sales of eggs. The company offers eggs and egg products, such as shell eggs, eco-eggs, nutritional liquid eggs, chicken meat, and organic vegetables and fruits. The company operates an eco-plant that includes shell and liquid egg processing facilities, feed formulation, a biogas power plant, and a chicken meat processing plant. Beijing Deqingyuan Agricultural Technology Co.,Ltd. was formerly known as Beijing Baodi Qingyuan Agricultural Technology Co Ltd. and changed its name to Beijing Deqingyuan Agricultural Technology Co.,Ltd. in October 2004. The company was founded in 2002 and is headquartered in Beijing, China.

Blue Ridge ESOP Associates, Inc.

Private Equity Round in 2002
Blue Ridge ESOP Associates, Inc. provides administration and recordkeeping services for employee stock ownership plans (ESOP) and 401(k) plans. It also offers employee/participant processing, allocations and recordkeeping for plan accounts, accounting, distribution policy and forms, service outsourcing, employee communications assistance, and consulting services. In addition, the company, provides ESOPConnection, an interactive online repository that allows participants to access the ESOP-related information and documents, as well as provides an educational and informational tool; and ESOP Plan Governance Module, an add on module to ESOPConnection for administrative committees and trustees needs. Blue Ridge ESOP Associates, Inc. was founded in 1988 and is based in Charlottesville, Virginia.

Greenergy

Private Equity Round in 2007
Greenergy is an established supplier and distributor of road fuels with a proven track record as the low-cost supplier delivering highly reliable customer service. Greenergy manages fuel supply chains from refinery gates to customer sites, importing, storing, blending and distributing fuel and managing stock levels for customers. In business for 25 years, Greenergy supplies some of the largest fuel retailers in the UK. Its diverse customer base includes supermarkets, major oil companies, independent retailers and commercial users. Greenergy also operates in Canada, Brazil and Bahrain.

Rocklands Mill

Venture Round in 2012
Rocklands Mill is a mining timber mill established in conjunction with local partners. It mainly produces underground supports for the South African mining industry (small mining timber, turned poles and pencil props).

ReNew Power

Private Equity Round in 2014
ReNew Power Private Limited operates as a renewable energy independent power producer in India. It operates through Wind Power and Solar Power segments. The company develops, builds, owns, and operates utility scale wind and solar energy, as well as distributed solar energy projects that generate energy for commercial and industrial customers. As of July 16, 2020, it generated 5.4 GW of energy through solar and wind assets; and had 4.6 GW under various stages of development. The company was founded in 2011 and is based in New Delhi, India.

ReNew Power

Private Equity Round in 2015
ReNew Power Private Limited operates as a renewable energy independent power producer in India. It operates through Wind Power and Solar Power segments. The company develops, builds, owns, and operates utility scale wind and solar energy, as well as distributed solar energy projects that generate energy for commercial and industrial customers. As of July 16, 2020, it generated 5.4 GW of energy through solar and wind assets; and had 4.6 GW under various stages of development. The company was founded in 2011 and is based in New Delhi, India.

Red Ambiental

Series A in 2008
Red Ambiental S.A. De C.V. operates as a solid waste management company. It offers front-loading collection, specialized infrastructure containers and hoppers, system roll off collection, municipal collection, sale and rental equipment compaction, hazardous and non-hazardous waste management, landfills waste provision and operation, and recyclable materials buying and selling services. The company is based in San Pedro Garza Garcia, Mexico.

Ramanas Farms

Acquisition in 2013
Ramanas Farms is owns and operates a plantation forest that provides timber wood.

Knight & Carver Wind Group

Venture Round in 2008
Knight & Carver Wind Group has become well-respected in the wind energy industry for its innovation and quality, working closely with the world's largest wind energy producers. Knight & Carver is an internationally recognized wind blade fabricator and service producer for utility-scale wind plants. For 30 years, the company has built and repaired large yachts as well as other vessels.

UPC Renewables

Venture Round in 2010
UPC Renewables China Ltd develops, owns, and operates wind farms in China. The company was founded in 2006 and is based in Beijing, China with additional offices in Hong Kong, Hohhot, Shenyang, Changchun, Jinan, Urumqi, Xinjiang, and Beijing, China. UPC Renewables China Ltd operates as a subsidiary of UPC Group.