M&A
confidence high
sentiment positive
materiality 0.80
Solaris acquires Omega for ~$101M cash, $28M debt/lease, 3.6M shares
Solaris Energy Infrastructure, Inc.
- Deal consideration: ~$101M net cash, $28M debt/lease assumption, ~3.6M Class A shares to shareholder.
- Adds Omega's specialized EPC capabilities for heavy civil construction, including large-scale data centers.
- Expected to be immediately accretive to earnings and free cash flow per share; closed Sept 1, 2026.
- Master Lease with Bennett Acquisitions LLC amends existing property leases for Omega operations.
- 180-day lockup on equity consideration; financial statements/pro-forma to be filed by amendment.