Announced

ShawKwei & Partners-backed Liberty Energy Solutions to acquire PEC for $160m.

Synopsis

ShawKwei & Partners-backed Liberty Energy Solutions, an energy engineering solutions and proprietary products provider, agreed to acquire PEC, a provider of maintenance and integrated EPC services, for $160m. "We are excited to welcome PEC into Liberty Energy. PEC's strong management team, technical expertise, and reputation for reliability and service excellence align well with our strategy of building a global platform for best-in-class energy solutions," Kyle Shaw, Liberty Energy Chair and ShawKwei Founder and Managing Partner.

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