Private Equity

Natural Resources

Capstreet picks up turbine maintenance services provider TOPS

The management team, including founder and CEO Toby Wooster, will remain with the company.

1 min read · 29 January 2026

More industrial tech companies on the block

Baker Hughes, Madison Industries, and Novacap and La Caisse are said to be selling industrial tech providers that are likely to command high multiples.

4 min read · 29 January 2026

Boyne Capital wraps up continuation fund for energy advisor Pilot Energy

The fund, which will be managed and controlled by Boyne, was anchored by New 2nd Capital as the lead investor.

1 min read · 28 January 2026

TPG emerges as front-runner for Blackstone’s Sabre Industries

Sabre Industries is expected to command a valuation of around $3.5bn to $4bn, with two final bidders vying for the business.

2 min read · 28 January 2026

Kohlberg-backed RESA Power acquires Société Générale d'Électrotechnique

RESA Power is a Houston-based provider of power systems services and life extension solutions for power distribution equipment used in mission-critical environments.

1 min read · 28 January 2026

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

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