Investment Summary

Pelican Energy Partners Invests In Gordon Technologies

On October 17, 2017, private equity firm Pelican Energy Partners invested in energy services and equipment company Gordon Technologies

Investment Highlights
  • This is Pelican Energy Partners’ 6th transaction in the Energy Services and Equipment sector.
  • This is Pelican Energy Partners’ 10th transaction in the United States.
  • This is Pelican Energy Partners’ 1st transaction in Louisiana.

Investment Summary
Date 2017-10-17
Target Gordon Technologies
Sector Energy Services and Equipment
Investor(s) Pelican Energy Partners
Deal Type Growth Capital

Target

Gordon Technologies

Scott, Louisiana, United States
Gordon Technologies is an independent provider of Measurement-While-Drilling (“MWD”) technology to the oil and gas industry. Gordon’s product offering, including its Heat Miser™ and Shock Miser™ tools. Gordon Technologies was founded in 2014 and is based in Scott, Louisiana.

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Investor(S) 1

Investor

Pelican Energy Partners

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2011
PE ASSETS 563M USD
Size Middle-Market
Type Sector Focused
DESCRIPTION

Pelican Energy Partners is a private equity firm focused on making strategic investments in energy services and manufacturing companies. The Firm typically pursues profitable, established companies across North America with EBITDA generally between $1 million and $10 million. Pelican Energy Partners was formed in 2011 and is headquartered in Houston, Texas.

DEAL STATS #
Overall 12 of 29
Sector (Energy Services and Equipment) 6 of 10
Type (Growth Capital) 4 of 6
State (Louisiana) 1 of 1
Country (United States) 10 of 27
Year (2017) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-05 Multilift Welltec

Houston, Texas, United States

Multilift Welltec LLC manufactures the patented SandGuard and the Cyclone completion tools. These innovative products extend the useful life of an electrical submersible pump (ESP) by protecting it against falling sand and other solids after shutdown.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-01 WedgeRock

Limerick, Maine, United States

WedgeRock is a provider of engineered geared actuation products for torque and thrust applications. WedgeRock was founded in 2006 and is based in Limerick, Maine.

Buy -
Mergr

Product

Company

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