Pelican Energy Partners Acquires Riggins Company

July 20, 2026

Pelican Energy Partners, a private equity firm focused on energy services and equipment, announced the acquisition of Riggins Company, an engineered metal fabrication and custom component provider for the U.S. Navy and shipbuilding partners. The deal is aimed at expanding Riggins’ capacity and workforce to support increased U.S. investment in nuclear submarine and aircraft carrier fleets.

Targets
Riggins Company
Location
Virginia, United States
Transaction Type
Buyout

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