**Hilltop Holdings Inc. Announces Sale of Moser Energy Systems**

On January 27, 2025, Hilltop Opportunity Partners, the merchant bank subsidiary of Hilltop Holdings Inc. (NYSE: HTH), revealed significant news regarding its portfolio company, Moser Holdings, LLC. This subsidiary has entered into a definitive agreement to offload all the capital stock of Moser Acquisition Inc., a wholly-owned subsidiary of Moser Holdings, LLC, to Atlas Energy Solutions Inc.

The transaction, as disclosed in the press release dated January 27, 2025, includes an approximate deal value of $220 million. This amount comprises $180 million in cash and around 1.7 million common shares of Atlas common stock, presently valued at roughly $41 million as per the closing trading price on January 24, 2025. Atlas retains the option to elect a cash payment instead of issuing shares as part of the consideration. Additionally, the final mix of consideration will be determined at the close, subject to customary post-closing adjustments.

Mark Plunkett, Managing Partner of Hilltop Opportunity Partners, expressed his sentiments regarding the transaction, highlighting the growth potential initially identified in Moser. Plunkett stated, “We have worked hard to be good caretakers of that legacy as we have grown the business, and we view Atlas Energy as the perfect company to further build upon that legacy.”

John Turner, President and Chief Executive Officer of Atlas, also shared his thoughts on this development, affirming that the acquisition brings diversification opportunities into high-growth markets. Turner mentioned, “This acquisition diversifies the Company into attractive high-growth end markets in both production and distributed power while strengthening Atlas’s current market position.”

The transaction, greenlit by the boards of both Atlas Energy Solutions and Moser Holdings, LLC, is anticipated to conclude in the first quarter of 2025, subject to customary closing conditions.

Leading advisory roles in this deal include TPH&Co., the energy business of Perella Weinberg Partners, acting as the exclusive financial advisor to Moser Holdings, LLC, and Katten Muchin Rosemann LLP providing legal counsel.

Hilltop Opportunity Partners focuses on deploying flexible lower-middle-market investments utilizing Hilltop Holdings’ excess capital in non-control-based strategies within non-financial service industries. Additional information about Hilltop Opportunity Partners can be found on its website.

Hilltop Holdings, a Dallas-based financial holding company, primarily offers business and consumer banking services through PlainsCapital Bank and residential mortgage lending via PrimeLending. The company’s stock is listed on the New York Stock Exchange under the symbol “HTH.” Further details about Hilltop Holdings and its subsidiaries can be accessed on their respective websites.

This press release contains forward-looking statements, subject to inherent risks and uncertainties. It emphasizes that results, performance, or achievements may deviate from anticipated outcomes due to various factors. Forward-looking statements are as of the date of release and are not guarantees of future performance.

**Source**: Hilltop Holdings Inc.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Hilltop’s 8K filing here.

About Hilltop

(Get Free Report)

Hilltop Holdings Inc provides business and consumer banking services. It operates through three segments: Banking, Broker-Dealer, and Mortgage Origination. The Banking segment offers savings, checking, interest-bearing checking, and money market accounts; certificates of deposit; lines and letters of credit, home improvement and equity loans, loans for purchasing and carrying securities, term, agricultural and commercial real estate, equipment loans, and other lending products; and mortgage, commercial and industrial loans, and term and construction finance.

Recommended Stories