Solaris Energy Infrastructure Inc. completes acquisition of Mobile Energy Rentals LLC

Sep 12, 2024•10 months ago

Acquiring Company

Solaris Energy Infrastructure

Acquired Company

Mobile Energy Rentals (MER)

Fort Collins

HoustonRenewable EnergyOil And GasEnergy

Description

Solaris Energy Infrastructure Inc. has successfully completed the $200 million acquisition of Mobile Energy Rentals LLC (MER). This strategic move adds critical distributed power infrastructure solutions and multiple end markets to Solaris’ portfolio, creating a pro forma business mix with more than 50% distributed power infrastructure.

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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