M&A Deal Summary

NextNRG Acquires ReFuel Mobile

On June 30, 2025, NextNRG acquired utilities company ReFuel Mobile

Acquisition Highlights
  • This is NextNRG’s 1st transaction in the Utilities sector.
  • This is NextNRG’s 1st transaction in Canada.
  • This is NextNRG’s 1st transaction in Ontario.

M&A Deal Summary

Date 2025-06-30
Target ReFuel Mobile
Sector Utilities
Buyer(s) NextNRG
Deal Type Add-on Acquisition

Target

ReFuel Mobile

London, Ontario, Canada
ReFuel Mobile specializes in direct-to-vehicle and direct-to-equipment fuel delivery, offering convenient, cost-effective, and reliable solutions to businesses across dealerships, transportation, logistics, construction, telecom, and energy sectors. ReFuel Mobile was founded in 2016 and is based in London, Ontario.

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Buyer(S) 1

Buyer

NextNRG

Miami, Florida, United States

Category Company
Founded 2016
Sector Utilities
Employees163
Revenue 28M USD (2024)
DESCRIPTION

NextNRG is an AI-driven energy innovation transforming how energy is produced, managed, and delivered through its Next Utility Operating System®, smart microgrids, wireless EV charging, and mobile fuel delivery. NextNRG was founded in 2016 and is based in Miami, Florida.


DEAL STATS #
Overall 1 of 1
Sector: Utilities M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2025 M&A 1 of 1