Pelican Energy Partners

Pelican Energy Partners is a Houston-based private equity firm specializing in strategic investments in small to middle-market, high-growth potential energy service and equipment companies. The firm focuses on sectors such as oilfield services, nuclear energy services, and equipment manufacturing, aiming to partner with experienced management teams to enhance operational performance and drive growth. Pelican Energy Partners has raised over $1 billion across four funds and has completed more than 30 platform investments, demonstrating a strong track record in the energy sector.

The firm's investment strategy emphasizes a collaborative approach, working closely with management teams to improve and grow businesses. Pelican Energy Partners seeks companies with EBITDA generally between $1 million and $15 million annually, with the ability to engage in transactions with EBITDA up to $30 million. The firm values safety, integrity, humility, grit, and service, aligning with management teams that share these core values.

Pelican Energy Partners has been active in the nuclear energy sector, including becoming a founding member of the Texas Nuclear Alliance in March 2025. The firm has also made several acquisitions, such as United Services Group in March 2025 and Springs Advanced Technology Group in November 2023, reflecting its commitment to expanding its portfolio in the energy services industry.