Pelican Energy Partners Announces Acquisition Of Springs Advanced Technology Group From Machine Build Technologies
Acquiring Company
Pelican Energy Partners
Acquired Company
Springs Advanced Technology Group
HoustonWestminsterEnergyOil And GasVenture CapitalRenewable EnergyDescription
Pelican Energy Partners Base Zero LP ("Pelican") is pleased to announce that it has acquired Springs ATG, LLC ("Springs ATG") from Machine Build Technologies. In conjunction with the transaction, Springs ATG will be rebranded as Advanced Technology Group ("ATG" or the "Company"). ATG is based in Westminster, Colorado and is a manufacturer of containment solutions, including gloveboxes, for the nuclear industry. The Company's containment solutions are used in multiple applications to facilitate life extension of nuclear power plants across North America, as well as enabling the nascent SMR/Advanced Reactor industry.
Quick answer
Pelican Energy Partners is acquiring Springs Advanced Technology Group, announced November 21, 2023. Pelican Energy Partners is based in Houston, Texas, United States.
- How much did Pelican Energy Partners pay for Springs Advanced Technology Group?
- The deal value was not disclosed.
- What does Pelican Energy Partners do?
- Pelican Energy Partners is a Houston-based private equity fund specializing in strategic investments in small to middle-market, high-growth potential energy service and equipment companies with sustained earnings..
- Where are Pelican Energy Partners and Springs Advanced Technology Group based?
- Pelican Energy Partners is based in Houston, Texas, United States. Springs Advanced Technology Group is based in Westminster, California, United States.
- Who are the decision-makers at Pelican Energy Partners?
- Fundz holds 4 contacts at Pelican Energy Partners. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Springs Advanced Technology Group?
Springs Advanced Technology Group was acquired by Pelican Energy Partners, based in Houston. The deal was reported on November 21, 2023. Pelican Energy Partners is privately held and operates in Energy.
When did Pelican Energy Partners acquire Springs Advanced Technology Group?
Pelican Energy Partners's acquisition of Springs Advanced Technology Group was reported on November 21, 2023. Pelican Energy Partners Base Zero LP ("Pelican") is pleased to announce that it has acquired Springs ATG, LLC ("Springs ATG") from Machine Build Technologies. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Springs Advanced Technology Group do?
Since 1986, Springs Fabrication has been serving the needs of companies nationwide with quality machining and fabrication services. It is privately held, and is based in Westminster.
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