Tracked deals
22
22 tracked deals across 2018-2026.
Private Equity Firm
Energy
Pelican Energy Partners
Houston, Texas, United States
Pelican Energy Partners is a strategic investor focused on small to mid-sized, high-growth energy equipment and service companies, with emphasis on the oil & gas and nuclear sectors.
- Focus Areas
- Oil & gas energy equipment and services, Nuclear-focused energy services and equipment
- Website
- pelicanenergypartners.com
Recent pace
4
4 tracked deals announced in the last 12 months.
Deal mix
Buyout
12 buyout · 5 addon · 2 growth capital
Pelican Energy Partners Acquisition Volume by Year
Last 7 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
Showing the 12 most recent of 22 tracked deals for Pelican Energy Partners.
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July 20, 2026
- Buyer
- Pelican Energy Partners
- Target
- Riggins Company
- Industry
- Industrial Services
- Location
- Virginia, United States
- Type
- Buyout
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.
-
- Buyer
- Pelican Energy Partners
- Target
- Veridiam, LLC (f/k/a Veridiam, Inc.)
- Seller
- Affiliate of Equity Group Investments
- Industry
- Industrial Services
- Location
- California, United States
- Type
- Buyout
Pelican Energy Partners acquired Veridiam, a precision manufacturer of exotic-metals components for mission-critical nuclear, medical, aerospace, defense, and space applications, from an affiliate of Equity Group Investments. The deal is expected to position Veridiam as a Pelican platform investment to support modernization and manufacturing expansion, though financial terms were not disclosed.
-
- Buyer
- Pelican Energy Partners
- Target
- Environmental Services, Inc. (EAI)
- Industry
- Industrial Services
- Location
- United States
- Type
- Addon
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.
-
November 23, 2025
- Buyer
- Pelican Energy Partners
- Target
- Hanna Cylinders
- Industry
- Manufacturing
- Location
- Wisconsin, United States
- Type
- Buyout
Pelican Energy Partners has acquired Hanna Cylinders, a Pleasant Prairie, Wisconsin-based manufacturer of precision-engineered hydraulic and pneumatic cylinders. Pelican will position Hanna as a strategic platform to scale specialized manufacturing capabilities serving nuclear operators and broader industrial markets, while Hanna will retain its name and current management team.
-
March 10, 2025
- Buyer
- Pelican Energy Partners
- Target
- United Services Group
- Industry
- Energy
- Location
- North Carolina, United States
- Type
- Buyout
Houston-based private equity firm Pelican Energy Partners has acquired United Services Group, a Charlotte-based full-service welding, machining, and fabrication contractor serving utilities and power generators. The deal expands Pelican's portfolio in the energy services sector and will support USG's continued growth across nuclear, fossil, natural gas, solar, and petrochemical markets.
-
January 13, 2025
- Buyer
- Pelican Energy Partners
- Target
- Skolnik Industries
- Industry
- Manufacturing
- Location
- Illinois, United States
- Type
- Buyout
Houston-based private equity firm Pelican Energy Partners has acquired Skolnik Industries, a Chicago-based manufacturer of customized carbon and stainless steel drums serving commercial and regulated end markets, including the nuclear industry. Skolnik will remain led by its current president, Dean Ricker; Pelican said the company's nuclear business was a key factor in the transaction as the firm continues to invest in nuclear-focused energy equipment and services.
-
January 13, 2025
- Buyer
- Pelican Energy Partners
- Target
- Lancs Industries
- Industry
- Energy
- Location
- New Mexico, United States
- Type
- Buyout
Houston-based private equity firm Pelican Energy Partners has acquired Lancs Industries, an Albuquerque-based manufacturer of radiation containment and shielding solutions serving the DOE, commercial nuclear, U.S. Navy, national laboratories and pharmaceutical sectors. Pelican said the deal will support growth and job creation in Albuquerque as the firm looks to expand capabilities in the nuclear supply chain.
-
- Buyer
- Pelican Energy Partners
- Target
- Electrical Builders Industries
- Seller
- Jessica Netter
- Industry
- Industrial Services
- Location
- Minnesota, United States
- Type
- Buyout
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.
-
- Buyer
- Pelican Energy Partners
- Target
- GSE Solutions (GSE Systems, Inc.)
- Industry
- IT Services
- Location
- Maryland, United States
- Type
- Buyout
GSE Solutions (GSE Systems, Inc.) entered into a definitive all-cash merger agreement to be acquired by Pelican Energy Partners. Under the deal, Pelican will acquire all outstanding shares of GSE for an estimated $4.10 per share (later amended to $4.60 per share), with the transaction initially expected to close in Q3 or Q4 2024. The merger was subsequently closed on November 1, 2024, following approval by GSE shareholders.
-
July 26, 2024
- Buyer
- Pelican Energy Partners
- Target
- MillenniTek, LLC
- Industry
- Manufacturing
- Location
- Tennessee, United States
- Type
- Buyout
Houston-based Pelican Energy Partners has acquired MillenniTek, LLC, a Knoxville, Tennessee developer and manufacturer of advanced ceramic materials for the nuclear energy industry. MillenniTek's CEO Steve Getley will remain in place and retain significant ownership as Pelican partners with management to drive domestic and international growth and create jobs in Tennessee.
-
February 20, 2024
- Buyer
- Excel Services Corporation, Pelican Energy Partners
- Target
- IEPSON Consulting Enterprises, Inc.
- Industry
- Engineering Services
- Location
- Florida, United States
- Type
- Addon
Excel Services Corporation acquired IEPSON Consulting Enterprises, Inc. (effective Aug. 1, 2023) to expand its licensing, regulatory and engineering services to the nuclear industry. Pelican Energy Partners provided equity financing to Excel and will be a passive equity holder to support Excel's growth and future acquisitions while Excel's leadership remains in place.
-
January 22, 2024
- Buyer
- Pelican Energy Partners
- Target
- Stewart Tubular Products, LLC
- Seller
- Aterian Investment Partners
- Industry
- Oil & Gas
- Location
- Texas, United States
- Type
- Buyout
Pelican Energy Partners, an energy-focused private equity firm, has acquired Stewart Tubular Products, LLC from Aterian Investment Partners. Stewart, headquartered in Houston, Texas, is a precision manufacturer and provider of mission-critical threading services for downhole oil & gas components; Aterian had owned Stewart since 2016 and supported investments in equipment and ERP improvements. Pelican plans to continue supporting Stewart's growth as a supplier across the oil & gas value chain.
Related Acquisition Pages
Energy Buyers & Acquisitions
6 tracked deals by Pelican Energy Partners.
Manufacturing Buyers & Acquisitions
6 tracked deals by Pelican Energy Partners.
Industrial Services Buyers & Acquisitions
4 tracked deals by Pelican Energy Partners.
Oil & Gas Buyers & Acquisitions
3 tracked deals by Pelican Energy Partners.
Acquisitions in Texas
7 tracked deals by Pelican Energy Partners.
Acquisitions in Tennessee
2 tracked deals by Pelican Energy Partners.
Acquisitions in California
1 tracked deal by Pelican Energy Partners.
Acquisitions in Colorado
1 tracked deal by Pelican Energy Partners.
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