Kodiak Gas Services to acquire Distributed Power Solutions for $675m.

Kodiak Gas Services, a contract compression services provider, agreed to acquire Distributed Power Solutions, a provider of turnkey, scalable and highly-reliable distributed power solutions, for $675m. “Distributed power is a natural extension of our large horsepower operations skillset and meaningfully enhances our ability to deliver critical energy infrastructure solutions to our oil and gas customers, while opening new avenues of growth in the fast-growing digital infrastructure end market. I commend Scott and the entire DPS team for their many successes to date, and I’m thrilled to welcome them to Kodiak,” Mickey McKee, Kodiak President and CEO.