Add-on Acquisition • Utilities

Prairie Soil Services Acquires P.M. Power Group

On August 25, 2014, Prairie Soil Services acquired utilities company P.M. Power Group

Acquisition Context
  • This is Prairie Soil Services’ 1st transaction in the Utilities sector.
  • This is Prairie Soil Services’ 1st transaction in the United States.
  • This is Prairie Soil Services’ 1st transaction in Michigan.

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M&A Deal Summary

Date August 25, 2014
Target P.M. Power Group
Sector Utilities
Buyer(s) Prairie Soil Services
Deal Type Add-on Acquisition

Target Company

P.M. Power Group

White Pine, Michigan, United States
P.M. Power Group, Inc. is a clean energy natural gas power generation plant, a copper refinery as well as an alternative energy supplier (AES) company that sells energy direct to commercial customers.
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Buyer Overview 1

Buyer

Prairie Soil Services

Norquay, Saskatchewan, Canada

Category Company
Founded 1988
Sector Business Services
DESCRIPTION

Prairie Soil Services is a biotechnology company with Canadian and US facilities dedicated to the principle of manufacturing pharmaceuticals derived from harvestable plants grown in biosecure GMP production facilities. Prairie Soil Services was founded in 1988 and is based in Norquay, Saskatchewan.


Deal Context for Buyer #
Overall 1 of 1
Sector: Utilities 1 of 1
Type: Add-on Acquisition 1 of 1
State: Michigan 1 of 1
Country: United States 1 of 1
Year: 2014 1 of 1