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Solaris Energy acquires Mobile Energy Rentals LLC

Mar 29, 20254 months ago

Acquiring Company

Solaris Energy Infrastructure

Acquired Company

Mobile Energy Rentals

Fort CollinsLocation Based Services

Description

On July 9, 2024, Solaris Energy Infrastructure, Inc. announced its agreement to acquire Mobile Energy Rentals LLC. The acquisition was completed on September 11, 2024. The lawsuit claims that Solaris failed to disclose critical information regarding MER's background and prospects. Allegations include misleading statements about the financial viability of the acquisition.

Company Information

Company

Solaris Energy Infrastructure

Location

430 N COLLEGE AVE STE 440

Fort Collins, Colorado, United States

About

Solaris Energy is a solar company that acts as a solar capital partner working with solar energy builders (EPCs), investors, and commercial, industrial, municipal, non-profit, university, tribal energy consumers to provide solar financing towards a 100% affordable and renewable energy future.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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