M&A Deal Summary

Lithium Exploration Group Acquires Solaris Power Cells

On March 20, 2017, Lithium Exploration Group acquired energy services and equipment company Solaris Power Cells

Acquisition Highlights
  • This is Lithium Exploration Group’s 1st transaction in the Energy Services and Equipment sector.
  • This is Lithium Exploration Group’s 1st transaction in the United States.
  • This is Lithium Exploration Group’s 1st transaction in California.

M&A Deal Summary

Date 2017-03-20
Target Solaris Power Cells
Sector Energy Services and Equipment
Buyer(s) Lithium Exploration Group
Deal Type Add-on Acquisition

Target

Solaris Power Cells

Palm Springs, California, United States
Solaris Power Cells, Inc. is a provider of renewable energy solutions that reduce reliance on polluting fossil fuels.

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Buyer(S) 1

Buyer

Lithium Exploration Group

Phoenix, Arizona, United States

Category Company
Founded 2006
Sector Energy Services and Equipment
DESCRIPTION

Lithium Exploration Group, Inc. is a US-based exploration and development company focused on the acquisition and development potential of lithium brines and other precious metals that demonstrate high probability for near-term production.


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: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1