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Trusted by
Acquiring Company
Algorhythm Holdings
Acquired Company
Azure Energy
Description
Algorhythm Holdings, Inc. has announced the acquisition of Azure Energy in an all-stock transaction valued at $23 million. This acquisition will enable the company to generate revenue exceeding $10 million through the end of 2027. The initiative is part of Algorhythm's strategy to strengthen its balance sheet and fund future growth. The company aims to leverage this acquisition to enhance its renewable energy capabilities.
Fundz sees it the moment Algorhythm Holdings makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Azure Energy?
Azure Energy was acquired by Algorhythm Holdings, based in Fort Lauderdale. The deal was reported on September 24, 2026. Algorhythm Holdings, Inc. is a holding company with two primary investments. First, the Company owns SemiCab Holdings, an emerging leader in the AI-enabled global logistics industry. Algorhythm Holdings is publicly traded (RIME) and operates in Commerce and Shopping.
When did Algorhythm Holdings acquire Azure Energy?
Algorhythm Holdings's acquisition of Azure Energy was reported on September 24, 2026. Algorhythm Holdings, Inc. has announced the acquisition of Azure Energy in an all-stock transaction valued at $23 million. This acquisition will enable the company to generate revenue exceeding $10 million through the end of 2027. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Azure Energy do?
Azure Energy is a leading developer of renewable biomass power generation infrastructure, founded in 2025. The company specializes in creating solutions for renewable power and has a strong team of experts in the biomass sector. It is privately held, operating in Energy.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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