M III Acquisition Corp.
M III Acquisition Corp. raised $150 million in its initial public offering in July 2016 and merged with a portfolio company of a fund managed by Oaktree Capital Management LP in March 2019 to form Infrastructure and Energy Alternatives Inc. (NASDAQ: IEA).
Infrastructure and Energy Alternatives, Inc. (IEA) is a national infrastructure construction company, with renewable energy and specialty civil expertise. IEA is a recognized leader in the renewable energy industry, having completed more than 240 utility scale wind and solar projects across North America. In the heavy civil space, IEA offers a number of specialty services including environmental remediation, industrial maintenance, specialty transportation infrastructure and other site development for public and private projects.
Since the merger, IEA has grown from revenue of $780 million in 2018 to projected revenue (as of July 28, 2021) of approximately $1.9 billion for 2021 through a combination of acquisitions and organic growth.
More information about IEA can be found on its website at www.iea.net.