Manvendra S Saxena

Manvendra Saxena is the Founder and Chairman of Mars Energy Group, a renewable energy solutions holding company. Here are key details about his background and career:

Professional Experience

Saxena founded Mars Energy Group in December 2022 and currently serves as its Chairman.3 The company provides comprehensive renewable energy solutions including solar, battery storage, EV charging, and project financing.12

Prior to Mars Energy Group, Saxena had significant experience in the industrial services sector:

• He was President & CEO of multiple sweeping service companies from 2020-2023, including Contract Sweeping Services, Szeremi Sweeping Service, and Statewide Construction Sweeping.3
• Through acquisitions, he built the second-largest street sweeping company in America before selling it to a private equity firm.4

Education and Early Career

• MBA from Northwestern University's Kellogg School of Management3
• BTech degree from Indian Institute of Technology (Banaras Hindu University), Varanasi3
• Early career experience includes roles at Sears Holdings Corporation, Bank of America Merrill Lynch, and as an Operating Partner at Broadtree Partners3

Entrepreneurial Approach

Saxena is known for his innovative approach to search funds and business acquisitions:

• He focuses on finding overlooked industries where he can drive growth while providing societal benefits.4
• After success in the sweeping industry, he applied a similar consolidation strategy to the commercial solar sector with Mars Energy Group.4
• His business approach has become a case study taught at institutions like Harvard Business School, Yale, and Kellogg.4

Saxena's career demonstrates a pattern of identifying underserved markets, acquiring and consolidating businesses, and driving growth through technological improvements and operational efficiencies.