Apollo Funds Acquire Majority Stake in Composite Advanced Technologies (CATEC)

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.

Apollo-Managed Funds Acquire Majority Stake in Freedom CNG

September 12, 2024

Energy

Apollo-managed funds acquired a majority interest in Freedom CNG, a Houston-based owner and operator of compressed natural gas (CNG) and renewable natural gas (RNG) fueling stations. The investment will support Freedom's organic and inorganic growth to expand RNG/CNG fueling infrastructure for transportation fleets, municipalities and other high-volume fuel users.

Charger Investment Partners Acquires Advanced Composite Products and Technology, Inc.

December 15, 2020

Manufacturing

Charger Investment Partners acquired a majority stake in Advanced Composite Products and Technology, Inc. (ACPT), a Huntington Beach, California-based manufacturer of engineered composite structures. Charger will partner with ACPT's management and the Leslie family to accelerate growth and expand ACPT's leadership across defense, aerospace, automotive and marine end markets; financial terms were not disclosed.

The Gund Company Acquires Power and Composite Technologies (PCT) from HCI Equity Partners

August 9, 2021

Manufacturing

The Gund Company acquired Power and Composite Technologies, LLC (PCT) from HCI Equity Partners on July 30, 2021. PCT, headquartered in Amsterdam, New York, is a manufacturer of engineered composite components serving power generation, oil & gas, aerospace and medical imaging markets; financial terms were not disclosed.

The Thermal Group (Behrman Capital Portfolio) Acquires ACT Aerospace

February 3, 2025

Aerospace & Defense

The Thermal Group, a Behrman Capital portfolio company, acquired Applied Composite Technology Aerospace, LLC (ACT), a Gunnison, Utah-based manufacturer of advanced composite structures for the aerospace and defense markets. The add-on expands TTG's engineered solutions by adding composite design and manufacturing capabilities to enable cross-selling and support long-term growth; financial terms were not disclosed.

Apollo Funds Acquire Majority Stake in Total Operations and Production Services (TOPS)

June 8, 2021

Energy

Funds managed by affiliates of Apollo Global Management acquired a majority interest in Total Operations and Production Services, LLC (TOPS) from Black Bay Energy Capital. The investment will support TOPS' continued growth as a provider of low-emission, electric-driven gas compression services in the Permian Basin and expand its capabilities to serve growing demand for electrified compression solutions.