New Era Energy Acquires Commercial Fuel Solutions Limited

Hydrasun (SCF-backed) Acquires Fuel Cell Systems Ltd.

September 28, 2022

Renewable Energy

Hydrasun, backed by SCF Partners, has acquired Fuel Cell Systems Ltd., a UK provider of hydrogen systems including fuel cells, modular electrolyzers, compression, storage and refueling systems. The acquisition expands Hydrasun's hydrogen systems capabilities and proprietary technology with plans to scale manufacturing, recruit staff and accelerate R&D.

Blue Earth Resources Acquires Fuel Trader Supply and Fuel Trader Resource Management

September 19, 2022

Oil & Gas

Blue Earth Resources, Inc. (BERI) acquired 100% ownership of Fuel Trader Supply, LLC (FTS) and Fuel Trader Resource Management, Inc. (FTRM) in a transaction settled with cash and BERI common stock. The deal folds FTS's bulk gasoline and diesel distribution capabilities and FTRM's fuel inventory management and futures/hedging services into BERI to expand its product suite and capture end-to-end procurement synergies.

TSG Group Acquires Prime Fuelling Systems Limited

August 1, 2021

Industrial Services

TSG Group has acquired Prime Fuelling Systems Limited, a UK-based installer and maintainer of bespoke fleet fueling and AdBlue systems. The deal strengthens TSG's technical capabilities and local presence in the UK, adding certified electrical and mechanical engineers to support fleet, retail and defence customers.

World Fuel Services Corporation Acquires Flyers Energy Group

January 3, 2022

Energy

World Fuel Services Corporation has completed the acquisition of Flyers Energy Group, expanding its scale and geographic footprint in the North American land fuel segment. The acquisition adds Flyers' national cardlock network, commercial fleet fueling, lubricants distribution and wholesale fuel capabilities to World Fuel's platform and is expected to be accretive to earnings and cash flow.

Hanover Investors Makes Significant Equity Investment in New Era Energy

February 15, 2024

Energy

Hanover Investors has made a significant equity investment in New Era Energy, partnering with James Hunt (now CEO) and the existing team to support growth and expand the company's environmental fuel offering. New Era Energy, headquartered in Essex, United Kingdom, is a distributor of liquid fuels (including White Diesel and HVO), consumables and environmental services with over 150 employees, 10 depots, 50+ tankers and a delivery volume exceeding 200 million litres per year. The investment was made via Hanover Active Equity Fund III.

Jetcraft Acquires Corporate Fleet Services (CFS Jets)

April 3, 2023

Aerospace & Defense

Jetcraft, the global leader in business aircraft sales and trading, has acquired Corporate Fleet Services (CFS Jets), a Cornelius, North Carolina-based broker specializing in turboprops, light and midsize business jets. The firms will continue to operate individually while CFS Jets is now “powered by Jetcraft,” expanding Jetcraft’s product expertise, inventory and North American presence.