Kodiak Gas Services Acquires Distributed Power Solutions

Kodiak Gas Services to Acquire CSI Compressco in an $854 Million All-Equity Deal

December 19, 2023

Industrial Services

Kodiak Gas Services, Inc. (NYSE: KGS) executed a definitive merger agreement to acquire CSI Compressco LP (NASDAQ: CCLP) in an all-equity transaction valued at approximately $854 million, including assumed net debt. The deal will combine Kodiak’s contract compression fleet with CSI Compressco’s compression, treating, gas cooling, and aftermarket services capabilities, targeting synergies and accretion to Kodiak’s cash flows.

Alpine Power Systems Acquires Selected Assets of DC Power Systems, Inc.

June 12, 2024

Electrical Services

Alpine Power Systems has acquired selected assets of DC Power Systems, Inc., a long‑standing provider of critical power products and services in the Southeast U.S. The deal expands Alpine's critical power capabilities and strengthens its presence in the Southeast.

EQT Exits Remaining Stake in Kodiak Gas Services

December 11, 2025

Oil & Gas

EQT Infrastructure III and IV have fully exited their investment in Kodiak Gas Services (NYSE: KGS), following Kodiak's 2023 IPO and a 30-month series of sell-downs. Kodiak, headquartered in Houston, Texas, is a leading provider of natural gas contract compression services in North America; under EQT's ownership the business grew revenue and EBITDA more than 8x and expanded headcount to just over 1,300 employees.

Dycom Industries to Acquire Power Solutions in $1.95 Billion Deal

November 20, 2025

Industrial Services

Dycom Industries has entered into a definitive agreement to acquire Power Solutions for a total valuation of $1.95 billion. The transaction is expected to close before the end of Dycom’s fiscal year, pending customary approvals, and will expand Dycom’s presence in mission-critical data center infrastructure through Power Solutions’ electrical contracting capabilities.

Concentric, LLC Acquires Communication Power Solutions, Inc.

August 15, 2024

Electrical Services

Concentric, LLC has acquired Communication Power Solutions (CPS), a Southwest U.S. provider of DC power design, installation and maintenance for communications and data center customers. The deal expands Concentric’s footprint in the Southwest and strengthens its engineered DC power capabilities by integrating CPS’s technicians and design team.

TPG Growth Acquires Majority Stake in Crowe Healthcare Consulting, Rebrands as Kodiak Solutions

August 29, 2023

Healthcare Services

TPG Growth will acquire a majority stake in Crowe Healthcare Consulting and establish it as an independent company rebranded as Kodiak Solutions, with Crowe LLP retaining a minority ownership stake. The deal positions Kodiak to accelerate growth and expand its technology portfolio while continuing to serve healthcare provider organizations nationwide; the company has more than 350 employees and serves thousands of hospitals and practice-based physicians.