Pelican Energy Partners Acquires Hanna Cylinders

Pelican Energy Partners Acquires Skolnik Industries

January 13, 2025

Manufacturing

Houston-based private equity firm Pelican Energy Partners has acquired Skolnik Industries, a Chicago-based manufacturer of customized carbon and stainless steel drums serving commercial and regulated end markets, including the nuclear industry. Skolnik will remain led by its current president, Dean Ricker; Pelican said the company's nuclear business was a key factor in the transaction as the firm continues to invest in nuclear-focused energy equipment and services.

Pelican Energy Partners Acquires Container Technologies Industries, LLC

January 8, 2024

Manufacturing

Houston-based private equity firm Pelican Energy Partners has acquired Container Technologies Industries, LLC (CTI), a Helenwood, Tennessee manufacturer of containment solutions for the nuclear industry, from a group of private (legacy) shareholders. In addition to a majority buyout, Pelican provided growth capital to expand CTI’s manufacturing capacity and has appointed Dr. Danielle Castley as President to lead capability expansion and serve DOE, DOD and commercial nuclear customers.

Pelican Energy Partners Acquires Stewart Tubular Products from Aterian Investment Partners

January 22, 2024

Oil & Gas

Pelican Energy Partners, an energy-focused private equity firm, has acquired Stewart Tubular Products, LLC from Aterian Investment Partners. Stewart, headquartered in Houston, Texas, is a precision manufacturer and provider of mission-critical threading services for downhole oil & gas components; Aterian had owned Stewart since 2016 and supported investments in equipment and ERP improvements. Pelican plans to continue supporting Stewart's growth as a supplier across the oil & gas value chain.

Pelican Energy Partners Acquires Electrical Builders Industries

August 9, 2024

Industrial Services

Pelican Energy Partners, a Houston-based private equity firm, has acquired Electrical Builders Industries (EBI), a St. Cloud, Minnesota-based industrial electrical and welding services provider that specializes in bus duct installation, replacement and repair for power generation facilities. The deal positions Pelican to expand its capabilities in the nuclear energy services supply chain and support increased baseload power needs for customers including datacenter facilities.

Pelican Energy Partners Acquires Lancs Industries

January 13, 2025

Energy

Houston-based private equity firm Pelican Energy Partners has acquired Lancs Industries, an Albuquerque-based manufacturer of radiation containment and shielding solutions serving the DOE, commercial nuclear, U.S. Navy, national laboratories and pharmaceutical sectors. Pelican said the deal will support growth and job creation in Albuquerque as the firm looks to expand capabilities in the nuclear supply chain.

Apollo Funds and CATEC Acquire Kelley Leasing Partners to Launch Hydria

November 14, 2023

Energy

Apollo-managed funds and Composite Advanced Technologies (CATEC) have acquired Kelley Leasing Partners and launched Hydria, a high-growth compressed gas equipment manufacturing, leasing and services platform focused on CNG, RNG, helium and hydrogen. The transaction brings Kelley’s manufacturing, maintenance and leasing capabilities together with CATEC’s Type IV compressed gas technology and positions Hydria to scale across industrial gas, utility and virtual pipeline end markets in support of the energy transition.