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New Deal


Announced

Completed

Solaris completed the acquisition of Capstone Industrial Training Solutions.

Financials

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Transaction Value-
Consideration TypeCash
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Completed

Acquisition

Cross Border

Private

Single Bidder

United States

training consultancy

Friendly

competency management solutions

Management Consulting

Majority

Synopsis

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Solaris, provider of project delivery expertise in the energy industry, completed the acquisition of Capstone Industrial Training Solutions, a full-service training consultancy. Financial terms were not disclosed. “We at Capstone ITS are excited to witness our growth into an established role within the global energy industry. Solaris is a reputable leader in energy project delivery, and our partnership aims to support and enhance this growth. By combining our expertise in training standards with the knowledge and experience that Solaris has accumulated over their 30 years, we hope to create an unprecedented world-class product delivery service that is accessible to our clients. By joining the group of companies, together, we continue our path of leadership in the global energy sector toward a net-zero future by delivering state of the art facilities staffed by a confident, well-trained, and diverse workforce,” Alex Taimuri, Capstone Co-Founder and President.

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