Space City Services announces acquisition, continued rapid growth
Space City Services (SCS), an environmental and industrial services company, announced its acquisition of Industrial Waste Solutions’ (IWS) bulk-rental and transportation services division based in Houston. The move allows SCS to expand its services to both companies’ current customers and provide competitive rates to new ones. Robert Thomas, President of SCS, expressed excitement in welcoming IWS […]
Energy Transfer to acquire Lotus Midstream in a $1.45 billion transaction
Energy Transfer LP and Lotus Midstream LLC announced that the parties have entered into a definitive agreement pursuant to which Energy Transfer will acquire Lotus Midstream Operations, LLC (Lotus Midstream) in a transaction valued at approximately $1.45 billion from an affiliate of EnCap Flatrock Midstream (EFM). Consideration for the transaction will be comprised of $900 […]
Agilitas Energy enters Texas market, acquires energy storage portfolio totaling $75 million
Agilitas Energy, the largest integrated developer, builder, owner, and operator of distributed energy storage and solar photovoltaic (PV) systems in the northeastern United States, has agreed to acquire a portfolio of six standalone energy storage system (ESS) projects in the Greater Houston, Texas, area from Gulf States Renewable Energy, a subsidiary of GSR Energy. The deal […]
U.S. construction technology business CrewSight joins ASSA ABLOY Group
U.S. construction technology business CrewSight has been acquired by ASSA ABLOY Group, the global leader in access solutions. The move supports a vision to accelerate the digital transformation of the construction industry, globally, through software-driven access control and workforce management solutions. CrewSight will be part of a dedicated offering for the construction industry, providing innovative […]
IRA, ESG significantly drive investment and deal activity in ‘23
All things considered, the 2022 mergers and acquisition activity wasn’t all that bad. While deal flow did not reach the overly optimistic expectations, given the headwinds, things could have been much worse. The highest inflation since the 70s, combined with the worst bond market on record (primarily due to a Federal Reserve intent on snuffing […]
