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New Deal


Announced

Crete United to acquire ProStar 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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United States

energy solutions

Acquisition

Domestic

Electronic Equipment: Other

hvac solutions

Majority

Private

Pending

Friendly

Single Bidder

Synopsis

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Crete United, a provider of energy efficiency and HVAC, electrical, and other mechanical services, agreed to acquire ProStar Energy Solutions, a HVAC and energy solutions company. Financial terms were not disclosed. "The opportunity for businesses across the country to enhance their building operations through energy efficiency has never been greater. Partnering with Crete United, a fast-growing company with established relationships and deep MEP expertise, is an amazing opportunity that will enable us to bring efficient energy management solutions to the built environment," Eric Sudol, ProStar CEO.

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