Dresser Utility Solutions Acquires Itron's Global Gas Regulator and European C&I Gas Metering and Stations Business

Blackstone Energy Transition Partners to Acquire Dresser Utility Solutions from First Reserve

July 7, 2026

Industrial Services

Blackstone Energy Transition Partners, via funds managed by Blackstone, has entered into a definitive agreement to acquire Dresser Utility Solutions from First Reserve. Dresser is a Houston-based provider of mission-critical natural gas and water measurement, control, and infrastructure equipment solutions, with approximately 850 employees. Financial terms were not disclosed and the deal is subject to customary closing conditions.

AURELIUS Acquires Landis+Gyr’s EMEA Business

April 8, 2026

Industrial Services

Landis+Gyr Group AG has completed the divestiture of its Europe, Middle East and Africa (EMEA) business to AURELIUS. The deal closed with economic effect as of March 31, 2026 and transfers Landis+Gyr’s metering portfolio, related software and services, five production sites, and approximately 2,800 employees across the region.

Dresser Utility Solutions Acquires Kobus

April 1, 2025

Infrastructure

Dresser Utility Solutions, a portfolio company of First Reserve, has acquired Kobus, a provider of gas and water pipe-pulling technology and a portfolio company of Agile Growth Equity. Kobus will continue operating from its Houston (U.S.) and Tamworth (U.K.) locations and the deal expands Dresser's capabilities for safer, faster, and more cost-effective underground gas and water pipe replacement to address aging utility infrastructure.

Dresser Utility Solutions Acquires Total Piping Solutions

November 1, 2022

Manufacturing

Dresser Utility Solutions has acquired the assets of Total Piping Solutions (TPS) and will integrate TPS’ patented product lines into its Dresser Pipeline Solutions (DPS) business. The acquisition transfers TPS trademarks and patents (including TX3, Triple Tap, Quick Cam, and Ultra-Sleeve) to expand DPS’ product portfolio and distribution for water and wastewater markets in the U.S. and globally.

Ingersoll Rand Acquires Dosatron International

October 3, 2022

Manufacturing

Ingersoll Rand Inc. has acquired Dosatron International L.L.C. and Dilution Solutions L.L.C. for an all-cash upfront purchase price of approximately $90 million plus up to $15 million in potential future consideration. The Clearwater, Florida–based dosing pump and fluid-dosing systems business (about 45 employees) will join Ingersoll Rand's Precision and Science Technologies segment, expanding the company's digital and IIoT-enabled capabilities into controlled environment agriculture, hydroponics, horticulture, animal health, food safety and water treatment.

nVent Electric Acquires CIS Global from Guardian Capital Partners for ~$200M

June 9, 2021

Manufacturing

nVent Electric plc has acquired CIS Global LLC, a provider of intelligent rack power distribution units and server rack slides, for approximately $200 million in cash. The acquisition strengthens nVent's data center power and thermal management capabilities and expands its global manufacturing footprint; CIS Global is headquartered in Tucson, Arizona and employs about 850 people worldwide.