M&A Deal Summary

Citadel Acquires FlexPower

On October 13, 2025, Citadel acquired business services company FlexPower

Acquisition Highlights
  • This is Citadel’s 1st transaction in the Business Services sector.
  • This is Citadel’s 1st transaction in Germany.

M&A Deal Summary

Date 2025-10-13
Target FlexPower
Sector Business Services
Buyer(s) Citadel
Deal Type Add-on Acquisition

Target

FlexPower

Hamburg, Germany
FlexPower is a power trading firm that specializes in trading and risk management solutions for renewable generators (“Upgrid”), flexibility providers such as battery operators (“Flexgrid”), and commercial and industrial offtakers (“Downgrid”). The firm leverages its expertise to help businesses navigate electricity price volatility. The company trades a portfolio of more than 1,700 megawatts across six European countries, amounting to over 11 terawatt-hours placed annually on short-term power markets. FlexPower was formed in 2022 and is based in Hamburg, Germany.

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Buyer(S) 1

Buyer

Citadel

Chicago, Illinois, United States

Category Company
Founded 1990
Sector Financial Services
DESCRIPTION

Citadel is a leading investor in the world’s major financial markets. In markets around the world, It work relentlessly to uncover and capture new opportunities. Across a diverse range of investment strategies, we deploy our capital with the goal of generating consistently high risk-adjusted investment results for our investors and capital partners.


DEAL STATS #
Overall 2 of 2
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-25 WPX Energy - Natural Gas Transportation Capacity

United States

WPX Energy, Inc. - Natural Gas Transportation Capacity offers portfolio of natural gas pipeline transportation capacity through 2032 in the Western U.S.

Buy -