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May 1, 2025ACQUISITIONCanada

Enterprise Group to acquire FlexEnergy Canada for Cdn$20 million

Enterprise Group, Inc. signed a Purchase and Sale Agreement to acquire 100% of the shares of Flex Leasing Power and Service ULC (FlexEnergy Canada) from Flex Leasing Power and Service LLC for a purchase price of Cdn$20 million, becoming the exclusive supplier for FlexEnergy turbines in Canada.

Value

$14.4M (20.0M CAD)

Status

Announced

Productsnatural gas turbinespower solutions

CompaniesEnterprise Group, Inc. acquirer FlexEnergy Solutions target Flex Leasing Power and Service ULC target Flex Leasing Power and Service LLC partner

Sectors#Power Generation Equipment

“Enterprise Group, Inc. announces the signing of a Purchase and Sale Agreement to acquire 100% of the shares of Flex Leasing Power and Service ULC from Flex Leasing Power and Service LLC for a purchase price of Cdn$20 million.”newsfilecorp.com

2 sources
newsfilecorp.comEnterprise Group Signs Agreement to Acquire the Canadian Operations of FlexEnergy SolutionsEvolution PowerX Corp.May 1, 2025
hartenergy.comFlexEnergy Sells Canadian Operations to Enterprise GroupMay 1, 2025

Summarized from public sources; check the original articles before acting on it.

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