Cameron Barney Herbst Hilgenfeldt (CBHH) advises ANA, Inc. on its $50M strategic capital injection from S2G Investments


 

February 2025

Cameron Barney Herbst Hilgenfeldt LLP (“CBHH”) is pleased to announce that it advised Alliance North America Inc. (“ANA”, the “Company”), alongside CIBC, in securing a $50 million strategic investment from S2G Investments (“S2G”) to support the rapid growth of the Company’s hybrid mobile power solutions.

With this investment, ANA plans to significantly expand its sales and manufacturing capabilities while further advancing its cutting-edge technologies. The company aims to deliver innovative and sustainable power solutions in pursuit of its “Journey to Zero” ambition—decarbonizing the remote and mobile power sector.

S2G is the first external institutional investor in the Company and is investing alongside its founder-directors. Commenting on the transaction, Frank O’Sullivan, Managing Director of S2G, said: “Our investment in ANA underscores our belief in the Company’s potential to deliver more sustainable industrial solutions that are fit-for-purpose, scalable, and highly cost-effective.”

We are grateful for this strategic investment from S2G, as they share our vision and commitment to innovation. This partnership will help us continue growing and improving our solutions, allowing us to better serve our industry. We also appreciate the guidance and support from CBHH throughout this process, which has been instrumental in helping us navigate and execute this financing successfully.
— Michael Niemela, ANA’s Founder & CEO

We are delighted to have advised ANA on this landmark transaction in the mobile power sector, which will have a significant impact on the decarbonization of the U.S. power rental market. ANA’s engineering expertise and strong customer satisfaction with its EBOSS product were key factors in attracting investors. We enjoyed working with ANA’s executive team, as well as with CIBC, and look forward to seeing the Company continue to grow.
— Charles Cameron, Partner, Cameron Barney Herbst Hilgenfeldt

About ANA Inc.

ANA Inc. Founded in 2017, ANA is a leading provider of mobile power units in North America and Canada, serving the construction, equipment rental, telecom, government, and utility sectors. It is the exclusive North American supplier of Airman mobile prime power generators and air compressors. Known particularly for its EBOSS solution, ANA offers a range of power products designed to minimize fuel consumption and reduce emissions.

In 2022, the Company launched its game-changing EBOSS hybrid energy system, which combines the robustness and ease of use of traditional generators with the operational flexibility and fuel efficiency benefits of an integrated battery storage solution.


About S2G

S2G is a multi-stage investment firm focused on venture and growth-stage businesses across food & agriculture, oceans, and energy. The firm provides capital and value-added resources to companies and leadership teams pursuing market-based solutions that deliver greater value, improved outcomes, and enhanced performance over traditional alternatives.

With a commitment to long-term, measurable outcomes, S2G structures flexible capital solutions that range from venture funding and growth equity to debt and infrastructure financing.


About Cameron Barney Herbst Hilgenfeldt (‘CBHH’)

Cameron Barney Herbst Hilgenfeldt (CBHH) is an independent European investment bank providing financing and M&A advisory services to fast-growing companies in the infra-tech sector, including energy transition infrastructure, digital infrastructure, social infrastructure, natural capital, and technology. Cameron Barney LLP is authorized and regulated by the Financial Conduct Authority.

For further information please contact: 

CBHH
David Scribner +44 7392 802 624
Charles Cameron +44 7785 292 019

 

Recent News



Previous
Previous

CBHH advises Connexin on the sale of its full fibre infrastructure network to CityFibre and establishment of a new nationwide strategic partnership

Next
Next

Cameron Barney Herbst Hilgenfeldt (CBHH) advises Connected Kerb on its £65m capital injection from The National Wealth Fund and Aviva