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  6. HyOrc Acquires SRE Power

M&A Deal Summary

HyOrc Acquires SRE Power

On July 1, 2024, HyOrc acquired energy services and equipment company SRE Power for 72M USD

Acquisition Highlights
  • This is HyOrc’s 1st transaction in the Energy Services and Equipment sector.
  • This is HyOrc’s largest (disclosed) transaction.
  • This is HyOrc’s 1st transaction in the United States.
  • This is HyOrc’s 1st transaction in Texas.

M&A Deal Summary
Date 2024-07-01
Target SRE Power
Sector Energy Services and Equipment
Buyer(s) HyOrc
Deal Type Add-on Acquisition
Deal Value 72M USD

Target

SRE Power

Houston, Texas, United States
SRE Power is a pioneering cleantech company with technology derived from five revolutionary mobility & power patents. The company is dedicated to developing the innovative HyOrc technology for use in decarbonizing various industries, with a focus on sustainability and performance. SRE Power was founded in 2016 and is based in Houston, Texas.

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Buyer(S) 1

Buyer

HyOrc

Cheyenne, Wyoming, United States
Category Company
Sector Energy Services and Equipment
DESCRIPTION

HyOrc is committed to facilitating advancements in technology and business. Through strategic mergers and acquisitions, ASPZ aims to support innovative companies in reaching their full potential and achieving market leadership. HyOrc was founded in 1998 and is based in Cheyenne, Wyoming.

DEAL STATS #
Overall 1 of 1
Sector: Energy Services and Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1
Size (of disclosed) 1 of 1
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