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Solaris Energy Infrastructure completes Omega Foundation Services buy for $77M

Solaris Energy Infrastructure completed a two-step merger acquiring Omega Foundation Services, paying approximately $77 million in cash and issuing 3,599,199 Class A shares. Seller Andrew Bennett agreed to a 180-day lockup.

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Solaris Energy Infrastructure completed the acquisition of Omega Foundation Services through a two-step merger, paying approximately $77 million in cash and issuing 3,599,199 Class A shares to seller Andrew Bennett. Bennett agreed to a 180-day lockup and customary indemnities. The transaction closed.