Celly H2 Acquires Chemtec New Energies from Chemtec Energy Services

Apollo Funds and CATEC Acquire Kelley Leasing Partners to Launch Hydria

November 14, 2023

Energy

Apollo-managed funds and Composite Advanced Technologies (CATEC) have acquired Kelley Leasing Partners and launched Hydria, a high-growth compressed gas equipment manufacturing, leasing and services platform focused on CNG, RNG, helium and hydrogen. The transaction brings Kelley’s manufacturing, maintenance and leasing capabilities together with CATEC’s Type IV compressed gas technology and positions Hydria to scale across industrial gas, utility and virtual pipeline end markets in support of the energy transition.

Pelican Energy Partners Acquires Container Technologies Industries, LLC

January 8, 2024

Manufacturing

Houston-based private equity firm Pelican Energy Partners has acquired Container Technologies Industries, LLC (CTI), a Helenwood, Tennessee manufacturer of containment solutions for the nuclear industry, from a group of private (legacy) shareholders. In addition to a majority buyout, Pelican provided growth capital to expand CTI’s manufacturing capacity and has appointed Dr. Danielle Castley as President to lead capability expansion and serve DOE, DOD and commercial nuclear customers.

First Tek Acquires Cenergy International Services

April 23, 2024

Staffing & HR

First Tek, Inc. has acquired Cenergy International Services, Inc. in a strategic acquisition announced April 2024. Madison Street Capital acted as exclusive advisor to Cenergy; the purchase expands First Tek’s staffing and field services capabilities in the energy, aerospace and industrial sectors.

Energy and Environmental Services Acquires Abilene Celex Services

February 1, 2020

Oil & Gas

Energy and Environmental Services, Inc. (OTC: EESE) acquired all membership interests in Abilene Celex Services, LLC, a Texas-based oilfield chemical provider, for $325,000 effective February 1, 2020. Management expects pro forma combined 2019 revenues of approximately $9.5 million, with Celex contributing about $700,000; EES said it will manufacture field-ready products for Celex at its Snyder, Texas plant to capture freight savings and volume discounts.

Hydrasun (SCF-backed) Acquires Fuel Cell Systems Ltd.

September 28, 2022

Renewable Energy

Hydrasun, backed by SCF Partners, has acquired Fuel Cell Systems Ltd., a UK provider of hydrogen systems including fuel cells, modular electrolyzers, compression, storage and refueling systems. The acquisition expands Hydrasun's hydrogen systems capabilities and proprietary technology with plans to scale manufacturing, recruit staff and accelerate R&D.

TransTech Group Acquires Cryogenic Technology Resources (CTR)

September 26, 2024

Industrial Services

TransTech Group, a portfolio company of Bridge Industries, has acquired Cryogenic Technology Resources (CTR) to expand its cryogenic systems, fabrication, service and automation capabilities. The deal strengthens TransTech’s end-to-end offering for industrial gas, air separation, and related end markets while expanding geographic reach and service capacity.