Mergers & Acquisitions ·
Acquires Utah machine shop for $500K cash and 110,000 preferred shares
STRRPStar Equity Holdings, Inc.
Star Equity Holdings acquired a Vernal, Utah-based machine shop providing welding, repair, and machining services for drilling equipment. The transaction closed on October 23, 2026, with aggregate consideration of $500,000 in cash and the issuance of 110,000 shares of Series A Preferred Stock. This acquisition integrates in-house capabilities into Star's Energy Services division, enhancing operational support for oil and gas customers in the Uinta Basin. Star Equity Holdings is a diversified holding company operating divisions in building solutions, business services, energy services, and investments.