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ClosedPublished 1 May 2025

PWRTEK, LLC /
ProFrac GDM, LLC

PWRTEK purchases mobile power generation assets from ProFrac GDM

Buy side: PWRTEK, LLC
Buy sidePWRTEK, LLC
Target: ProFrac GDM, LLC
TargetProFrac GDM, LLC
Source · 1 May 2025Source-verified
See the source
Buy side: PWRTEK, LLC
Buy sidePWRTEK, LLC
Target: ProFrac GDM, LLC
TargetProFrac GDM, LLC
01 / BuyerPWRTEK, LLC
02 / TargetProFrac GDM, LLC
Source-verified
01

What happened

PWRTEK, LLC acquired mobile power generation assets and related intellectual property from ProFrac GDM, LLC. Flotek Industries, Inc. reported total consideration of $105 million for all the transactions.

The asset purchase included an offset of $17.6 million against order shortfall payments owed to Flotek Industries, Inc.

02

The source

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01
Source · Original source

PWRTEK purchases mobile power generation assets from ProFrac GDM

This document is the source for the companies, stage, figure and people on this page.

Source-verified
03

Timeline

Every date the source states, in order. Anything marked ahead is a target the source gives, not something that has happened.

  1. Published by the source

    The source this page is built from.

    Source-verified

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