Pelican Energy Partners completes acquisition of MillenniTek, LLC to strengthen presence in the nuclear energy industry
Acquiring Company
Pelican Energy Partners
Acquired Company
MillenniTek
HoustonKnoxvilleEnergyOil And GasVenture CapitalRenewable EnergyManufacturingDescription
Pelican Energy Partners has announced the acquisition of MillenniTek, LLC, a premier developer and supplier of advanced materials for the nuclear energy industry. Pelican's strategic investment aims to drive growth and create new opportunities for expansion in the domestic and international markets. With this acquisition, Pelican Energy Partners strengthens its position in the nuclear energy sector.
Quick answer
Pelican Energy Partners is acquiring MillenniTek, announced July 26, 2024. Pelican Energy Partners is based in Houston, Texas, United States.
- How much did Pelican Energy Partners pay for MillenniTek?
- 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 MillenniTek based?
- Pelican Energy Partners is based in Houston, Texas, United States. MillenniTek is based in Knoxville, Tennessee, United States.
Source: Fundz verified event record.
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Frequently asked
Who acquired MillenniTek?
MillenniTek was acquired by Pelican Energy Partners, based in Houston. The deal was reported on July 26, 2024. Pelican Energy Partners is privately held and operates in Energy.
When did Pelican Energy Partners acquire MillenniTek?
Pelican Energy Partners's acquisition of MillenniTek was reported on July 26, 2024. Pelican Energy Partners has announced the acquisition of MillenniTek, LLC, a premier developer and supplier of advanced materials for the nuclear energy industry. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does MillenniTek do?
MillenniTek, LLC is a premier developer, manufacturer, and supplier of advanced materials for the nuclear energy industry. It is privately held, operating in Manufacturing, and is based in Knoxville.
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