M&A Deal Summary

TransTech Energy Acquires Cryogenic Technology Resources

On September 26, 2024, TransTech Energy acquired energy services and equipment company Cryogenic Technology Resources

Acquisition Highlights
  • This is TransTech Energy’s 2nd transaction in the Energy Services and Equipment sector.
  • This is TransTech Energy’s 3rd transaction in the United States.
  • This is TransTech Energy’s 1st transaction in South Carolina.

M&A Deal Summary

Date 2024-09-26
Target Cryogenic Technology Resources
Sector Energy Services and Equipment
Buyer(s) TransTech Energy
Deal Type Add-on Acquisition

Target

Cryogenic Technology Resources

Rock Hill, South Carolina, United States
Cryogenic Technology Resources specializes in the design, fabrication, installation, service, and repair of cryogenic and high-pressure bulk gas storage and transfer solutions, including cylinder filling systems and advanced automation and control technologies. Cryogenic Technology Resources was founded in 1993 and is based in Rock Hill, South Carolina.

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Buyer(S) 1

Buyer

TransTech Energy

Rocky Mount, North Carolina, United States

Category Company
Founded 1998
Sector Energy Services and Equipment
DESCRIPTION

TransTech Energy is a energy service contractor providing timely and cost effective solutions for the transfer, storage and distribution of Liquefied Petroleum Gas and Natural Gas Liquids (LPG & NGL). TransTech Energy was founded in 1998 and is based in Rocky Mount, North Carolina.


DEAL STATS #
Overall 3 of 3
Sector: Energy Services and Equipment M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
State: South Carolina M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-29 ESI

Sisters, Oregon, United States

ESI is a technical services provider in the biogas industry. ESI was founded in 2007 and is based in Sisters, Oregon.

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