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Pelican Energy Partners acquires United Services Group

Mar 10, 2025•9 months ago

Acquiring Company

Pelican Energy Partners

Acquired Company

United Services Group

HoustonCharlotteVenture CapitalOil And GasEnergy

Description

Pelican Energy Partners has announced the acquisition of United Services Group. This acquisition highlights Pelican's commitment to investing in the energy services sector. USG is known for its expertise in welding, machining, and fabrication for power generation customers. The collaboration aims to enhance operational excellence in the energy services industry.

Company Information

Company

Pelican Energy Partners

Location

Houston, Texas, United States

About

Pelican Energy Partners specializes in strategic investments in small to mid-sized, high-growth energy equipment and service companies within the oil & gas and nuclear sectors. Since its founding in 2011, the firm has raised over $1 billion in committed capital and has successfully realized more than 15 investments. Pelican is currently investing from its fourth fund which is dedicated to supporting and advancing companies that provide critical services and products to the nuclear power industry; an essential component in maintaining and enhancing the existing nuclear energy infrastructure.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed