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  6. NuTech Energy Resources Acquires Flowpower

M&A Deal Summary

NuTech Energy Resources Acquires Flowpower

On January 29, 2016, NuTech Energy Resources acquired information technology company Flowpower

Acquisition Highlights
  • This is NuTech Energy Resources’ 1st transaction in the Information Technology sector.
  • This is NuTech Energy Resources’ 1st transaction in the United States.
  • This is NuTech Energy Resources’ 1st transaction in Wyoming.

M&A Deal Summary
Date 2016-01-29
Target Flowpower
Sector Information Technology
Buyer(s) NuTech Energy Resources
Deal Type Add-on Acquisition

Target

Flowpower

Casper, Wyoming, United States
Flowpower LLC is a provider of green power generating technology services.

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Buyer(S) 1

Buyer

NuTech Energy Resources

Gillette, Wyoming, United States
Category Company
Sector Oil/Gas Exploration
DESCRIPTION

NuTech Energy Resources, Inc. is a natural gas and oil exploration and development company that has developed a patented technology for the production of coalbed methane (CBM) without the need to pump water.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Wyoming M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1
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