◂ Announcements

May 14, 2025ACQUISITIONCanada

Evolution PowerX acquires FlexEnergy Canada for $20 million

Evolution PowerX (formerly Enterprise Group) acquired FlexEnergy Canada for $20 million, gaining 17 turbine generators and service contracts. The deal was valued at about 4.3x trailing three-year EBITDA.

Value

$20.0M

Status

Completed

Productspower generatorsturbine generators

CompaniesEvolution PowerX acquirer FlexEnergy Canada target

Sectors#Power Generation Equipment

“The acquisition is immediately accretive.”rockandturner.substack.com

1 source
rockandturner.substack.comEnterprise Group - Exciting New Chapter - by James EmanuelJames EmanuelMay 14, 2025

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

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