Kodiak Gas Services Inc. has entered into a definitive agreement to acquire Distributed Power Solutions, LLC (DPS) in a transaction valued at approximately $675 million, before transaction costs and customary adjustments. Under the terms of the agreement, the seller will receive $575 million in cash and 2,401,278 shares of Kodiak common stock, valued at about $100 million. The deal, which has received approval from both companies' boards, is expected to close in early April 2026, pending customary closing conditions. The acquisition will expand Kodiak's customer base into high-growth digital infrastructure sectors and strengthen relationships with energy customers. DPS currently has a contract portfolio that includes 100 MW serving a major data center operator and offers high reliability. Upon completion, DPS’s management team will join Kodiak, bringing additional commercial and operational expertise.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kodiak Gas Services Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260204868598) on February 05, 2026, and is solely responsible for the information contained therein.
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