M&A Deal Summary

Environmental Energy Services Acquires Novinda Holdings - Amended-Silicate Technology

On December 17, 2019, Environmental Energy Services acquired energy services and equipment company Novinda Holdings - Amended-Silicate Technology from Novinda Holdings

Acquisition Highlights
  • This is Environmental Energy Services’ 1st transaction in the Energy Services and Equipment sector.
  • This is Environmental Energy Services’ 1st transaction in the United States.
  • This is Environmental Energy Services’ 1st transaction in Colorado.

M&A Deal Summary
Date 2019-12-17
Target Novinda Holdings - Amended-Silicate Technology
Sector Energy Services and Equipment
Buyer(s) Environmental Energy Services
Sellers(s) Novinda Holdings
Deal Type Divestiture

Target

Novinda Holdings - Amended-Silicate Technology

Littleton, Colorado, United States
Novinda Holdings, Inc.'s Amended-Silicate Technology expands EES’ current line of KLeeNscrub® mercury mitigation products for wet flue gas desulfurization (FGD) to include plants with dry FGD and circulating dry scrubber technologies. Wet and Dry FGD technologies are used for SO2 emission control.

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Buyer(S) 1

Buyer

Environmental Energy Services

Boise, Idaho, United States
Category Company
Founded 2001
Sector Energy Services and Equipment
DESCRIPTION

Environmental Energy Services, Inc. is a clean energy company utilizing innovative chemistry for energy efficiency, air pollution control, and water treatment for utility and industrial power plants. Environmental Energy Services was founded in 2001 and is based in Boise, Idaho.

DEAL STATS #
Overall 1 of 1
Sector (Energy Services and Equipment) 1 of 1
Type (Divestiture) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1

Seller(S) 1

SELLER

Novinda Holdings

Littleton, Colorado, United States
Category Company
Sector Energy Services and Equipment
DESCRIPTION

Novinda Holdings, Inc. is an advanced air quality technology company providing essential products and services that optimize operations and ensure environmental compliance for the operators of coal-fired power plants, industrial boilers, and cement kilns. Novinda Holdings is based in Littleton, Colorado.

DEAL STATS #
Overall 1 of 1
Sector (Energy Services and Equipment) 1 of 1
Type (Divestiture) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
Mergr

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