M&A Deal Summary

Prairie Operating Acquires Creek Road Miners

On July 19, 2022, Prairie Operating acquired business services company Creek Road Miners

Acquisition Highlights
  • This is Prairie Operating’s 1st transaction in the Business Services sector.
  • This is Prairie Operating’s 1st transaction in the United States.
  • This is Prairie Operating’s 1st transaction in Utah.

M&A Deal Summary
Date 2022-07-19
Target Creek Road Miners
Sector Business Services
Buyer(s) Prairie Operating
Deal Type Add-on Acquisition

Target

Creek Road Miners

Park City, Utah, United States
Creek Road Miners is a cryptocurrency mining company that leverages mobile power generation units and mining facilities in a manner that overcomes otherwise existing economic barriers. The company's model utilizes the abundance of stranded natural gas in a manner that provides its operations with a desirably priced energy source while benefitting energy operators, the consumer, and environmental considerations. Creek Road Miners is based in Park City, Utah.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Prairie Operating

Houston, Texas, United States
Category Company
Sector Oil/Gas Exploration
Employees11
Revenue 2M USD (2023)
DESCRIPTION

Prairie Operating Co. is an oil & gas company focused on environmentally responsible energy development. The company seeks sustainable business opportunities that generate competitive long-term financial returns with a priority on safe and environmentally responsible execution. Prairie Operating Co. is based in Houston, Texas.

DEAL STATS #
Overall 1 of 2
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Utah) 1 of 1
Country (United States) 1 of 2
Year (2022) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-11 Nickel Road Operating

Denver, Colorado, United States

Nickel Road Operating operates and owns various oil/gas leases. Nickel Road's assets and operations are located in the DJ Basin with operations in largely rural Weld County, Colorado. Nickel Road Operating is based in Denver, Colorado.

Buy $95M
Mergr

Product

Company

Legal