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New Deal


Announced

Reset Energy to acquire Heroes Energy Solutions.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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process equipment

Gas Distribution

gas treating equipment

Acquisition

gas treating skids

gas conditioning equipment

Majority

Friendly

United States

Private

Pending

Single Bidder

Synopsis

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Reset Energy, a conceptual design, equipment packaging and turnkey installation company, agreed to acquire Heroes Energy Solutions, a manufacturer and packager of modular gas treating and conditioning equipment. Financial terms were not disclosed. "This reorganization will allow us to take Reset Energy from a premier plant design and fabrication company to a diversified business capable of providing turnkey solutions from conceptual design to commissioning. We are in a unique position to bridge together the assets of Heroes Energy and Reset Energy to leverage unmatched team competencies and relationships to provide the highest quality products and services to our customers," Chris Villegas, Reset CEO.

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