ZeroAvia Acquires HyPoint

ePointZero to Acquire 90% of Azura Power Holdings (Pan-African Independent Power Producer)

August 31, 2026

Energy

ePointZero has agreed to acquire a 90% stake in Azura Power Holdings Limited, a pan-African independent power producer with 752 MW of operating capacity across Nigeria, Senegal, and Mozambique. The deal is structured through an acquisition vehicle jointly established by ePointZero and Amaya Capital, with Actis and Africa50 selling their stakes and Amaya Capital retaining a 10% minority interest.

Ballard Power Systems Acquires GeoPura to Build Integrated Hydrogen Energy-as-a-Service Platform

June 25, 2026

Energy

Ballard Power Systems has signed a definitive agreement to acquire UK-based hydrogen power solutions provider GeoPura Limited for an upfront consideration of £275.0 million, funded with cash and issued Ballard shares, plus up to £27.5 million contingent on post-closing milestones. The deal is intended to transform Ballard into a vertically integrated “Energy-as-a-Service” provider by combining Ballard fuel cell technology with GeoPura’s hydrogen production, distribution/logistics and Hydrogen Power Unit (HPU) business.

Power2X Acquires Green Hydrogen Developer HyCC to Scale Northwest Europe Projects

February 28, 2026

Energy

Power2X, a clean energy company focused on industrial decarbonization, announced it has acquired Netherlands-based green hydrogen project developer HyCC. The acquisition is intended to scale delivery of HyCC’s hydrogen and “clean molecule” projects across key industrial hubs in the Netherlands and Germany as projects move from early-stage development to large-scale operations.

High Point Aerotechnologies (Highlander Partners) Acquires Flex Force Enterprises

February 20, 2024

Aerospace & Defense

High Point Aerotechnologies, a portfolio company of Highlander Partners, has acquired Portland-based Flex Force Enterprises, a maker of the Dronebuster counter‑UAS jammer. The add-on strengthens High Point's counter‑UAS product family by adding a portable, widely deployed handheld drone defeat capability for government, military and security customers.

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.

Wind Point Partners Acquires D&H United Fueling Solutions from KLH Capital

September 23, 2022

Industrial Services

Chicago-based private equity firm Wind Point Partners has acquired D&H United Fueling Solutions, a Houston-headquartered provider of testing, inspection, repair and installation services for petroleum fueling stations and electric vehicle (EV) charging infrastructure. The seller was KLH Capital; D&H will continue to be led by CEO Bo Sasnett with management retaining an ownership stake as Wind Point supports an organic- and M&A-driven growth plan focused on expanding the technician base, service capabilities and geographic density.