AcquisitionFeb 5, 2026Completed
🇺🇸 United States
DPDistributed Power Solutions, LLCKGKodiak Gas Services, Inc.
Power & Utilities › Independent Power & Renewables
Enterprise value$675MEnterprise value
AnnouncedFeb 5, 2026
ConsiderationCash and stock
StructureOther
RegionNorth America
Cross-borderNo
Contingent paymentNo
Overview
Kodiak Gas Services entered into a definitive membership interest purchase agreement to acquire Distributed Power Solutions, LLC for approximately $675 million, comprising $575 million in cash and 2,401,278 Kodiak shares (about $100 million).
Deal rationale
The acquisition extends Kodiak's large horsepower engine expertise into distributed power, expanding its customer base into digital infrastructure with contracted cash flows and an immediately accretive valuation of about 7.4x estimated 2026 adjusted EBITDA.
AI-generated from the SEC filingCompletedPower & Utilities › Independent Power & RenewablesUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | $675M | Headline figure |
| Consideration | Cash and stock |
Advisors
Buy-side
IPIntrepid Partners
Sell-side
MSMorgan Stanley
Parties
Target
DPDistributed Power Solutions, LLC
- Headquarters
- United States
- Ticker
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