# Flotek acquires mobile power generation assets from ProFrac for $105M

Flotek Industries acquired mobile power generation assets and related intellectual property from ProFrac GDM for $105 million, and entered into a six-year dry lease agreement providing a $160 million revenue backlog. The assets include digitally enhanced mobile natural gas conditioning and distribution units.

- Type: Acquisition
- Announced: 2025-04-29
- Where: United States
- Value: $105.0M
- Status: completed
- Products: mobile natural gas conditioning and distribution units
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Flotek Industries](https://endata.com/companies/8878.md) (acquirer)
- [ProFrac Holdings](https://endata.com/companies/62930.md) (target)

## Sources

- [oilandgas360.com](https://www.oilandgas360.com/flotek-acquires-innovative-mobile-power-generation-assets-and-secures-multi-year-lease-providing-160-million-revenue-backlog-and-immediate-earnings-accretion/), 2025-04-29: "We are pleased to announce these transformative agreements, providing us with an entry point to the rapidly growing mobile power generation sector."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.