Kian Capital Partners LLC-backed SPATCO Energy Solutions recently acquired Blue1 Energy Equipment, marking their first acquisition since the announcement of a $230 million single-asset continuation fund. Blue1, a North America-based company specializing in storage and dispensing equipment, serves numerous markets including petroleum distributors and government agencies. This acquisition is set to deepen SPATCO’s presence in the growing DEF subsector, enhance its operational capabilities, and expand its customer base. SPATCO CEO, John Force, emphasized the strategic importance of this acquisition for the company’s growth plans, supported by Kian Capital. SPATCO is looking for additional growth opportunities through new products, market expansion, and further acquisitions.
Energy Infrastructure, Equipment Manufacturing, Private Equity,United States, North America
https://www.kiancapital.com/news/kianbacked-spatco-energy-solutions-acquires-blue1-energy-equipment