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M&A Deal Summary

Gas Technology Institute Acquires Projeo

On January 27, 2022, Gas Technology Institute acquired business services company Projeo

Acquisition Highlights
  • This is Gas Technology Institute’s 2nd transaction in the Business Services sector.
  • This is Gas Technology Institute’s 2nd transaction in the United States.
  • This is Gas Technology Institute’s 1st transaction in Illinois.

M&A Deal Summary
Date 2022-01-27
Target Projeo
Sector Business Services
Buyer(s) Gas Technology Institute
Deal Type Add-on Acquisition

Target

Projeo

Champaign, Illinois, United States
Projeo is a professional services firm that develops geologic resources to store carbon in sub-surface wells across the U.S. Projeo was founded n 2017 and is based in Champaign, Illinois.

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Buyer(S) 1

Buyer

Gas Technology Institute

Des Plaines, Illinois, United States
Category Company
Founded 2000
Sector Business Services
DESCRIPTION

Gas Technology Institute is a research, development and training organization addressing energy and environmental challenges to enable a secure, abundant, and affordable energy future.

DEAL STATS #
Overall 2 of 2
Sector: Business Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Illinois M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-27 Frontier Associates

Austin, Texas, United States

Frontier Associates LLC is a provider of an energy efficiency program support, engineering and technical consulting, market research, and software solutions to utilities nationwide.

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