M&A Deal Summary

Enterprise Group Acquires Flex Leasing Power and Service

On May 1, 2025, Enterprise Group acquired oil/gas exploration company Flex Leasing Power and Service from FlexEnergy for 20M CAD

Acquisition Highlights
  • This is Enterprise Group’s 1st transaction in the Oil/Gas Exploration sector.
  • This is Enterprise Group’s largest (disclosed) transaction.
  • This is Enterprise Group’s 1st transaction in Canada.
  • This is Enterprise Group’s 1st transaction in Alberta.

M&A Deal Summary

Date 2025-05-01
Target Flex Leasing Power and Service
Sector Oil/Gas Exploration
Buyer(s) Enterprise Group
Sellers(s) FlexEnergy
Deal Type Divestiture
Deal Value 20M CAD

Target

Flex Leasing Power and Service

Alberta, Canada
Flex Leasing Power and Service provides gas turbine power solutions, including a fleet of turbine generators and long‑term service contracts with industrial clients. Flex Leasing Power and Service is based in Alberta, Canada.

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Buyer(S) 1

Buyer

Enterprise Group

St. Albert, Alberta, Canada

Category Company
Founded 2005
Sector Oil/Gas Exploration
Revenue 35M CAD (2024)
DESCRIPTION

Enterprise Group is a consolidator of specialized equipment and services for the energy and resource sector. Enterprise Group works with particular emphasis on systems and technologies that mitigate, reduce, or eliminate CO2 greenhouse Gas and other harmful emissions. Enterprise Group was founded in 2005 and is based in St. Albert, Alberta.


DEAL STATS #
Overall 1 of 1
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Alberta M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2025 M&A 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

FlexEnergy

Centennial, Colorado, United States

Category Company
Founded 2000
Sector Electrical Equipment
DESCRIPTION

FlexEnergy provides turbine power generation and heat recovery products to industrial and commercial customers focused on improving their performance, increasing energy efficiency, and reducing their carbon footprint. FlexEnergy was founded in 2000 and is based in Centennial, Colorado.


DEAL STATS #
Overall 1 of 1
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Alberta M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2025 M&A 1 of 1
Size (of disclosed) 1 of 1