Pelican Energy Partners Invests in Blue Wave AI Labs

Blue Water Acquisition Corp. IV to Acquire Maha Capital AB Subsidiaries to Create Energy + AI Fintech Public Platform

April 28, 2026

Financial Services

Blue Water Acquisition Corp. IV (a NYSE-listed SPAC) entered into a letter of intent to acquire substantially all of Maha Capital AB’s subsidiaries, with the goal of forming a publicly traded company on the NYSE. The platform is intended to combine Venezuelan energy-related assets within an OFAC-compliant structure with AI-driven B2B credit and payments fintech operations, with a planned separation of the fintech into a standalone public entity shortly after closing.

Pelican Energy Partners Acquires Environmental Services, Inc. (EAI)

April 27, 2026

Industrial Services

Pelican Energy Partners announced its acquisition of Environmental Services, Inc. (“EAI”), a provider of environmental remediation and nuclear decontamination and decommissioning support. Pelican plans to incorporate EAI into its nuclear containment portfolio platform to expand technical capabilities and strengthen its U.S. supply chain focus for energy and nuclear customers.

H.I.G. Growth Partners Invests in AgileBlue

May 22, 2025

Cybersecurity

H.I.G. Growth Partners (the growth-capital affiliate of H.I.G. Capital) has made a strategic growth investment in AgileBlue, an AI-powered Security Operations (SecOps) platform based in Cleveland, Ohio. The minority growth investment will fund AgileBlue's product innovation, go-to-market expansion, and operational scale to accelerate adoption among mid-market customers in financial services, healthcare, and manufacturing.

Pelican Energy Partners Acquires Electrical Builders Industries

August 9, 2024

Industrial Services

Pelican Energy Partners, a Houston-based private equity firm, has acquired Electrical Builders Industries (EBI), a St. Cloud, Minnesota-based industrial electrical and welding services provider that specializes in bus duct installation, replacement and repair for power generation facilities. The deal positions Pelican to expand its capabilities in the nuclear energy services supply chain and support increased baseload power needs for customers including datacenter facilities.

Columbia Capital Leads $75M Growth Investment in Bluewave Technology Group

February 1, 2022

IT Services

Columbia Capital led a $75 million growth investment in Bluewave Technology Group to accelerate the firm's organic and inorganic growth. The capital will support Bluewave’s continued acquisitions, team expansion, systems investment, and expansion of its technology advisory and lifecycle management services across the U.S.

AE Industrial Partners Acquires NuWave Solutions

June 22, 2020

AI & Machine Learning

AE Industrial Partners acquired a majority interest in NuWave Solutions, a provider of data management, advanced analytics, AI/ML, and cloud solutions serving the U.S. federal government. AEI will position NuWave as a standalone platform to expand its Defense & Government Services capabilities, and named industry veterans Dr. Reggie Brothers as CEO and Michael Buscher as Chief Growth Officer.