Advanced Emissions Solutions (ADES) Merges With Arq Limited
August 22, 2022
Advanced Emissions Solutions (ADES) announced it has entered into a definitive merger agreement with Arq Limited to combine their businesses. The transaction includes up to $10 million of cash proceeds to ADES shareholders, with a $20 million committed equity placement from current Arq investors and Arq management.
- Buyers
- Advanced Emissions Solutions (ADES)
- Targets
- Arq Limited, Advanced Emissions Solutions (ADES)
- Industry
- Environmental Services
- Location
- United States
- Transaction Type
- Buyout
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