Fusion Fuel Green Acquires Controlling Stake in Quality Industrial Corp.

TransTech Group Acquires Controlling Interest in Teknoflow Green Equipments

March 19, 2026

Industrial Services

TransTech Group announced it has acquired a controlling interest in Teknoflow Green Equipments Private Limited, creating a long-term partnership with Teknoflow’s founding family. Teknoflow will operate within TransTech’s Engineered Products Group, establishing TransTech’s first manufacturing presence in India and expanding multi-regional engineered equipment capabilities.

Power2X Acquires Green Hydrogen Developer HyCC to Scale Northwest Europe Projects

February 28, 2026

Energy

Power2X, a clean energy company focused on industrial decarbonization, announced it has acquired Netherlands-based green hydrogen project developer HyCC. The acquisition is intended to scale delivery of HyCC’s hydrogen and “clean molecule” projects across key industrial hubs in the Netherlands and Germany as projects move from early-stage development to large-scale operations.

Waterous Energy Fund Acquires Majority Stake in Greenfire Resources Ltd.

November 12, 2025

Oil & Gas

Waterous Energy Fund Management Corp., acting for Waterous Energy Fund (WEF), purchased 8,703,479 common shares of Greenfire Resources Ltd. for C$6.55 per share (C$57.0 million), increasing its ownership to approximately 68.3% of Greenfire on an undiluted basis. The private transactions gave WEF majority control of the Calgary-based oil and gas producer; WEF said it will continue to review its investment and may take further actions with respect to Greenfire's securities.

United Flow Technologies Acquires Quality Controls, Moss-Kelley and GP Jager

April 4, 2025

Industrial Services

United Flow Technologies (a portfolio company of H.I.G. Capital) has acquired Quality Controls, Inc. from its owners and announced the strategic add-on acquisitions of Moss-Kelley and GP Jager to expand UFT's regional density and capabilities across the Eastern U.S. PKF Investment Banking served as exclusive financial advisor to Quality Controls. The acquisitions bolster UFT's footprint in the municipal and industrial water and wastewater markets and add distribution and manufacturers' representative capabilities.

H.I.G. Infrastructure Acquires Controlling Interest in Greenflash Infrastructure

September 25, 2024

Renewable Energy

An affiliate of H.I.G. Capital (H.I.G. Infrastructure) has acquired a controlling interest in Greenflash Infrastructure, LP, a Houston-based developer and operator of grid-scale energy storage and power generation projects. The investment will provide capital and operational support to accelerate Greenflash's pipeline of brownfield and greenfield energy storage and controllable load projects serving utilities and municipal cooperatives.

Industrious Group (ITOCHU) Acquires American Hydro, Inc.

May 1, 2023

Energy

Industrious Group, a subsidiary of ITOCHU International Inc., has acquired American Hydro, a North American hydropower turbine design, manufacture and services provider previously owned by Wärtsilä. The acquisition expands Industrious Group and ITOCHU's capabilities and footprint in the hydropower and renewable MRO services market across North America. G2 Capital Advisors served as exclusive buy-side advisor on the transaction, completed in May 2023.