On Monday, April 15, 2013, PowerSecure announced that it had acquired Solais for $15MM in cash and stock. FreshTracks initially invested in Solais as a seed stage company in December 2009.  “The acquisition strengthens and complements PowerSecure’s existing LED business with additional product lines and an expanded customer base, and adds strong skill sets around product design, product commercialization, manufacturing and materials sourcing.”  To read the full press release, please click here: Solais Successfully Sold to PowerSecure