M&A
confidence high
sentiment positive
materiality 0.75
Solaris Energy Infrastructure acquires GESA for ~$55M cash + 2.88M shares
Solaris Energy Infrastructure, Inc.
- Total consideration: ~$55M cash (incl. debt assumption) and 2,880,682 shares of SEI Class A common stock.
- GESA formed via combination of Baseload Power (U.S. aftermarket) and Pro-Per Energy Services (global O&M).
- Acquisition expected to be accretive to earnings and free cash flow per share.
- Expands Solaris' capabilities to full cycle power solutions and opens new domestic/international end markets.