March 2025 | New Mexico M&A Insights

The information reflects transactions as reported, including deal descriptions, values, and statuses, but may contain gaps, such as undisclosed deal terms or financial metrics, which limit comprehensive analysis. While efforts have been made to ensure accuracy, users should consult primary sources or professional advisors for legal, financial, or strategic decisions. No warranties are made regarding the completeness or reliability of this data, and the provider assumes no liability for its use.

March 2025 - National Transaction Value ($bn) and Transaction Count

New Mexico — Transaction Value and Count by Month

New Mexico — Overview

New Mexico’s M&A activity in March 2025 centered on a single transaction, spotlighting the state’s uranium-rich regions as Verdera Energy Corp. acquired five properties—Crownpoint, Hosta Butte, Nose Rock, West Largo, and Ambrosia Lake-Treeline—from enCore Energy Corp. for $0.35 million. Announced on March 18 and completed on April 8, 2025, after a slight delay from its expected March 31 closure, the deal underscores Canadian interest in New Mexico’s mineral assets within the materials sector. The agreement includes voting rights for consideration shares tied to Verdera’s potential Canadian stock exchange listing, reflecting strategic positioning in the region’s mining landscape. This cross-border transaction highlights New Mexico’s enduring appeal for uranium-focused investments.

New Mexico — Strategic vs. Sponsor-led Activity

New Mexico — X / Y Plot By Sector

M&A Segmentation — Glossary:

  1. M&A – Whole: The acquisition of 100% ownership of a target company, giving the buyer full control.

  2. M&A – Asset: The purchase of specific assets, such as mineral rights or property, without acquiring the entire company.

  3. M&A – Minority: The acquisition of a non-controlling stake, typically under 50%.

  4. M&A – Spinoff or Splitoff: The divestiture of a business unit into a separate entity or distribution of subsidiary shares to shareholders.

Deal Terms — Glossary:

  1. Transaction Value: Represents the total consideration paid for a transaction, including net debt only if assumed, capturing the full financial scope of the deal.

  2. Deal Value: Focuses solely on the consideration paid for the equity acquired, excluding net debt, to reflect the cost of ownership.

  3. Implied Enterprise Value: Provides a standardized measure of the target’s total entity value, incorporating 100% of the enterprise including net debt, for consistent comparison with metrics like LTM EBITDA and Revenue.

  4. Implied Equity Value: Isolates the equity portion, representing 100% of the target’s equity value, enabling a clear equity-to-equity comparison across transactions.

New Mexico — M&A Segmentation

New Mexico — Sector Breakdown

Second Level Primary Industry Breakdown

New Mexico — March 2025 M&A Deal Summaries

  1. Crownpoint, Hosta Butte, Nose Rock, West Largo, and Ambrosia Lake-Treeline Uranium Properties (Announced: March 18, 2025)

    • Verdera Energy Corp. acquired five uranium properties in New Mexico from enCore Energy Corp. for $0.35 million on March 18, 2025, with the deal finalized on April 8, 2025, after a planned March 31 closure. The agreement includes voting rights for consideration shares tied to Verdera’s potential Canadian stock exchange listing, pending customary conditions. This cross-border transaction underscores New Mexico’s appeal as a uranium mining hub

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