Private Equity

Energy / oil & gas

Tecum and Inyarek invest in new energy services company Guardian Propane

Guardian was formed to team up with locally owned propane companies in key regions of the US.

1 min read · 27 January 2026

Why Kohlberg is selling Entrust to Leidos for $2.4bn; Incline Equity scoops up govtech provider MCCi

'Entrust is directly aligned with the increasing need for power across the region as utilities invest in generation, grid modernization, and reliability,' Kohlberg partner Gus Harwood told PE Hub.

3 min read · 27 January 2026

JLL Partners scoops up gas turbine parts provider PowerParts

PPG supplies aftermarket components to utilities, MRO service providers, and turbine OEMs.

1 min read · 26 January 2026

Deals from KKR, ECP, Hg and OEP suggest increased M&A; Deal of the Year Award entries are due Friday

Friday is the deadline for PE Hub’s Deal of the Year Awards; recapping several significant deals announced in late December and early January: Energy Capital Partners sold Calpine Corporation, Hg agreed to acquire OneStream, One Equity Partners agreed to sell its stake in Armis; how will 2026 compare with last year's record-breaking PE investment in the aerospace and defense sector?

5 min read · 20 January 2026

Lime Rock backs oil and gas company Athena

Athena is led by CEO Stephen Goldfarb, former CFO of Ensign Natural Resources.

1 min read · 15 January 2026

ECP to sell Midwest power generation portfolio to Talen Energy for $3.45bn

Talen is a Houston-based independent power producer.

1 min read · 15 January 2026

Atar exits pipeline inspection services firm Frontier Integrity Solutions

Atar Capital acquired FIS from Furmanite America Inc. in December 2016.

1 min read · 14 January 2026

Final bids for Blackstone’s Sabre Industries sale due this week

Harris Williams and Jefferies are running the sale of Sabre Industries, which sits under Blackstone Energy Partners III and could yield a valuation of $4.5bn-$5bn.

2 min read · 13 January 2026

Quantum-backed Vickery Energy Partners acquires Appalachian gas assets from Tribune Resources

The gas assets are located primarily in Wetzel, Tyler, Harrison and Doddridge counties, West Virginia.

1 min read · 12 January 2026

Kohlberg-backed Resa Power picks up 3MD Power Services

Resa Power is a provider of power systems electrical testing, transformer services, and life extension solutions for power distribution equipment.

1 min read · 12 January 2026

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