M&A Deal Summary

Crete United Acquires ProStar Energy Solutions

On March 19, 2024, Crete United acquired information technology company ProStar Energy Solutions

Acquisition Highlights
  • This is Crete United’s 1st transaction in the Information Technology sector.
  • This is Crete United’s 4th transaction in the United States.
  • This is Crete United’s 1st transaction in Texas.

M&A Deal Summary
Date 2024-03-19
Target ProStar Energy Solutions
Sector Information Technology
Buyer(s) Crete United
Deal Type Add-on Acquisition

Target

ProStar Energy Solutions

Frisco, Texas, United States
website
ProStar Energy Solutions is a provider of HVAC optimization, patented IoT- and AI-powered controls and monitoring, and energy procurement services. ProStar Energy Solutions is based in Frisco, Texas.

Search 192,800 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Crete United

Tampa, Florida, United States

website

Category Company
Sector Business Services
DESCRIPTION

Crete United is a provider of HVAC, electrical, plumbing, and building automation services to commercial, industrial, multi-family, government, healthcare, education, and other end markets. Crete United is based in Tampa, Florida.

DEAL STATS #
Overall 4 of 4
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 4 of 4
State (Texas) 1 of 1
Country (United States) 4 of 4
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-14 C&C Service

Stamford, Connecticut, United States

C&C Service is a HVAC services and design firm provides top-tier HVAC solutions to businesses and communities in the Northeast. C&C Service is based in Stamford, Connecticut.

Buy -
Mergr

Product

Company

Legal