Basalt Acquires Go Lime and the Assets of Simply Green

December 17, 2025

Basalt Infrastructure Partners LLC (“Basalt”) announced today that funds advised by Basalt have acquired Go Lime Group Inc. (“Go Lime”) and substantially all the assets of the Crown Crest Group of Companies (“Simply Green”).

Go Lime is a home equipment lessor to residential customers in Ontario, Canada. Simply Green is a Canadian home equipment lease portfolio in receivership. Go Lime and Simply Green both lease water heaters, HVAC units, and water treatment systems to residential homeowners under long-term contracts.

The dual transaction will create Canada’s fourth largest home equipment leasing platform, with a combined portfolio of approximately 90,000 leases. Combining Go Lime and Simply Green creates economies of scale and enables Basalt to enter the Canadian residential equipment leasing sector.

“Go Lime was founded to restore transparency, trust, and choice to the home comfort industry,” said Jeff Schwartz, Chief Executive Officer of Go Lime. “This acquisition accelerates that mission. With Basalt’s backing, we’re building Canada’s most customer-focused, digitally enabled platform.”

“The transaction represents Basalt’s first infrastructure investment in Canada. Go Lime is a leading home equipment leasing provider in Ontario and we believe the combined platform is well-positioned for growth in an established sector with strong infrastructure characteristics,” commented David Greenblatt, Managing Partner at Basalt. “We look forward to partnering with the Go Lime team to support the company’s next stage of growth.”

DC Advisory served as financial advisor and Davies Ward Phillips & Vineberg LLP served as legal counsel to Basalt.

About Go Lime

Go Lime is a leading Canadian digital home comfort company, transforming how Canadians buy and manage home services. Through its vertically integrated platform, Go Lime offers water heaters, HVAC systems, water filtration, and sustainable energy products with transparent pricing, flexible options, and nationwide installation. Partnering with major retailers, homebuilders, and suppliers, Go Lime is redefining home comfort to be simpler, smarter, and more affordable for Canadians from coast to coast.

About Basalt

Founded in 2011, Basalt is an investment advisor to certain infrastructure equity investment funds focusing on mid-market investments in utilities, power, transport, and digital infrastructure primarily in North America and Europe. The Funds have invested c.US$7bn across 33 investments and have completed 13 realizations.

For more information, please visit  www.basaltinfra.com

Media Contact: press@basaltinfra.com