M&A Deal Summary

IES Acquires Gulf Island

On November 7, 2025, IES acquired energy services and equipment company Gulf Island for 192M USD

Acquisition Highlights
  • This is IES’s 2nd transaction in the Energy Services and Equipment sector.
  • This is IES’s largest (disclosed) transaction.
  • This is IES’s 18th transaction in the United States.
  • This is IES’s 1st transaction in Texas.

M&A Deal Summary

Date 2025-11-07
Target Gulf Island
Sector Energy Services and Equipment
Buyer(s) IES
Deal Type Add-on Acquisition
Deal Value 192M USD

Target

Gulf Island

Houma, Texas, United States
Gulf Island designs, fabricates, and services complex steel structures and marine vessels for the offshore energy, industrial, and marine markets. The Company’s operations include fabrication, maintenance, and marine services for domestic and international customers. Gulf Island was founded in 1985 and is headquartered in Houma, Louisiana.

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Buyer(S) 1

Buyer

IES

Houston, Texas, United States

Category Company
Founded 1997
Sector Business Services
Employees8,028
Revenue 2.9B USD (2024)
DESCRIPTION

IES is a consisted of a group of electrical contractors provides communications, residential, commercial and industrial, and infrastructure solutions to a variety of end markets. IES was founded in 1997 and is based in Houston, Texas.


DEAL STATS #
Overall 18 of 18
Sector: Energy Services and Equipment M&A 2 of 2
Type: Add-on Acquisition M&A Deals 17 of 17
State: Texas M&A 1 of 1
Country: United States M&A 18 of 18
Year: 2025 M&A 2 of 2
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-31 Arrow Engine

Tulsa, Oklahoma, United States

Arrow Engine provides engines, generator sets, compressors, and replacement parts to a variety of oilfield and industrial markets. Arrow Engine was formed in 1955 and is based in Tulsa, Oklahoma.

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