M&A Deal Summary

CoaLogix Acquires SCR-Tech

On November 8, 2007, CoaLogix acquired staffing company SCR-Tech from Renegy Holdings

Acquisition Highlights
  • This is CoaLogix’s 1st transaction in the Staffing sector.
  • This is CoaLogix’s 1st transaction in the United States.
  • This is CoaLogix’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2007-11-08
Target SCR-Tech
Sector Staffing
Buyer(s) CoaLogix
Sellers(s) Renegy Holdings
Deal Type Add-on Acquisition

Target

SCR-Tech

Charlotte, North Carolina, United States
SCR-Tech LLC provides catalyst regeneration technologies and management services for selective catalytic reduction (SCR) systems used by coal-fired power plants to reduce nitrogen oxides(NOx) emissions in North America.

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Buyer(S) 1

Buyer

CoaLogix

Charlotte, North Carolina, United States

Category Company
Founded 2007
Sector Energy Services and Equipment
DESCRIPTION

CoaLogix is a provider of SCR management services and catalyst regeneration technologies used by fossil fuel-fired power plants to reduce NOx emissions. CoaLogix integrates leading-edge environmental controls, a highly skilled workforce, and more than 160 years of combined senior management experience in the environmental and power generation industries to provide innovative, cost-effective solutions that help its customers achieve and maintain compliance with increasingly stringent environmental regulations. CoaLogix was founded in 2007 and is based in Charlotte, North Carolina.


DEAL STATS #
Overall 1 of 1
Sector: Staffing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: North Carolina M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2007 M&A 1 of 1

Seller(S) 1

SELLER

Renegy Holdings

Mesa, Arizona, United States

Category Company
Founded 2007
Sector Renewable Energy
DESCRIPTION

Renegy Holdings, Inc., a renewable energy company, engages in acquiring, developing, and operating a portfolio of biomass to electricity power generation facilities.


DEAL STATS #
Overall 1 of 1
Sector: Staffing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: North Carolina M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2007 M&A 1 of 1