M&A Deal Summary

Stratean Acquires CleanSpark

On July 11, 2016, Stratean acquired software company CleanSpark for 36M USD

Acquisition Highlights
  • This is Stratean’s 1st transaction in the Software sector.
  • This is Stratean’s largest (disclosed) transaction.
  • This is Stratean’s 1st transaction in the United States.
  • This is Stratean’s 1st transaction in Nevada.
Investment Fate
  • CleanSpark went public in 2020.

M&A Deal Summary
Date 2016-07-11
Target CleanSpark
Sector Software
Buyer(s) Stratean
Deal Type Add-on Acquisition
Deal Value 36M USD

Target

CleanSpark

Henderson, Nevada, United States
website
CleanSpark is an advanced microgrid software and controls company. CleanSpark was founded in 1987 and is based in Henderson, Nevada.

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Buyer(S) 1

Buyer

Stratean

Woods Cross, Utah, United States

website

Category Company
Founded 1987
Sector Machinery
DESCRIPTION

Stratean, Inc. is a developer of a patented and revolutionary "stratified" downdraft gasifier.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Nevada) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-22 CleanSpark

Henderson, Nevada, United States

CleanSpark is an advanced microgrid software and controls company. CleanSpark was founded in 1987 and is based in Henderson, Nevada.

Sell -
Mergr

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