Spartan Energy Partners Acquires Controlling Interest in CSI Compressco LP from TETRA Technologies

Kodiak Gas Services Acquires CSI Compressco LP for $854M in All-Equity Deal

December 19, 2023

Energy

Kodiak Gas Services, Inc. agreed to acquire CSI Compressco LP in an all-equity transaction valued at approximately $854 million (including assumed net debt of $619 million), creating the largest contract compression fleet in the industry. The deal expands Kodiak’s service offerings into CSI Compressco’s treating, gas cooling and aftermarket services, is expected to be accretive to cash flow, and targets at least $20 million of annual run-rate synergies.

SPATCO Energy Solutions Acquires MSCS Ltd.

June 13, 2023

Industrial Services

Kian Capital-backed SPATCO Energy Solutions completed the acquisition of MSCS Ltd., a Dallas-based petroleum services company, expanding SPATCO's footprint into Texas and adding operations in Dallas, Fort Worth, San Antonio and Houston. The transaction is an add-on to the SPATCO platform (its fifth acquisition since Kian's 2020 investment) and supports the platform's geographic expansion and service capability growth in petroleum and EV infrastructure services.

Lion Equity Partners Acquires Global Compression Services from Warren Equipment Company

December 31, 2024

Energy

Lion Equity Partners, a Denver-based private equity firm, has acquired Global Compression Services (GCS) from Warren Equipment Company. GCS, headquartered in Midland, Texas, is a global distributor and manufacturer of OEM and aftermarket parts for reciprocating natural gas engines and compressors; Lion Equity said the acquisition will support growth, capability expansion, and operational improvements in the natural gas compression aftermarket.

Exchange Income Corporation Acquires Spartan Mat, LLC and Spartan Composites, LLC

November 13, 2024

Manufacturing

Exchange Income Corporation (EIC) completed the acquisition of Spartan Mat, LLC and its subsidiary Spartan Composites, LLC for US$120 million (including US$18 million in EIC common shares). The purchase expands EIC's Environmental Access Solutions business into the U.S. matting market and adds Spartan's SYSTEM7 composite mats and FODS Trackout products to its manufacturing portfolio.

SOLV Energy Acquires Spartan Infrastructure

June 23, 2025

Energy

SOLV Energy has acquired Spartan Infrastructure, a Mesa, Arizona-based high-voltage transmission contractor. The acquisition expands SOLV Energy's transmission and distribution (T&D) capabilities, providing the combined company greater scale to pursue larger utility and renewable grid projects across the U.S.; financial terms were not disclosed.

Blackstone Infrastructure Partners Acquires ~44% Economic Interest in Tallgrass Energy

February 5, 2019

Energy

Affiliates of Blackstone Infrastructure Partners agreed to acquire 100% of the general partner membership interests and approximately a 44% economic interest in Tallgrass Energy, LP from Kelso & Co., The Energy & Minerals Group and certain management investors for about $3.3 billion in cash. Singapore sovereign wealth fund GIC will be a minority investor in the transaction; the deal represents an ownership transition and provides capital and strategic support for Tallgrass’s midstream growth projects.