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Transactions / D•••••• U•••••• S••••••••• L••

B••••••••• E••••• T••••••••• P••••••• ANNOUNCES AGREEMENT TO ACQUIRE DRESSER UTILITY SOLUTIONS FROM F•••• R••••••

Sponsor to sponsorannouncedannounced Jul 6, 2026Fact
What happened
Platform
not an add-on on record
Control
Control
Share acquired
unknown
Industry
energy / energy, gas, utility
Target location
TX, US
Seller kind
Sponsor
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
Not disclosed
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
10 named
Buy side
Sell side
  • F•••• R•••••• is a leading private equity firm investing across Infrastructure S••••••••, Value-Added Infrastructure and Resources strategies with exposure in energy, utility, and industrial markets.
Advisory side
  • D••• D••••••• • C••Buy-side adviserconfirmed
    D••• D••••••• • C•• and J•••••••• acted as financial advisors and K••••••• & E•••• acted as legal advisor to B•••••••••.
  • J•••••••• L••Buy-side adviserconfirmed
    D••• D••••••• • C•• and J•••••••• acted as financial advisors and K••••••• & E•••• acted as legal advisor to B•••••••••.
  • S•••••• T•••••• • B••••••• L••Legal adviserconfirmed
    H••••• W••••••• served as financial advisor and S•••••• T•••••• & B••••••• served as a legal advisor to D••••••.
  • K••••••• • E•••• L••Legal adviserconfirmed
    D••• D••••••• • C•• and J•••••••• acted as financial advisors and K••••••• & E•••• acted as legal advisor to B•••••••••.
  • H••••• W•••••••Sell-side adviserconfirmed
    H••••• W••••••• served as financial advisor and S•••••• T•••••• & B••••••• served as a legal advisor to D••••••.
Side not stated
  • D•••• E••••Managementconfirmed
    D•••• E••••, CEO of D•••••• U•••••• S••••••••, said: “This transaction marks an exciting milestone for D•••••• and reflects the exceptional work of our entire team.
  • B••••••••• (NYSE: BX) today announced that funds managed by B••••••••• E••••• T••••••••• P••••••• (“B•••••••••”) have entered into a definitive agreement to acquire D•••••• U•••••• S•••••••• (“D••••••”), a premier provider of mission-critical natural gas and water measurement, control and infrastruc
Evidence
B••••••••• (NYSE: BX) today announced that funds managed by B••••••••• E••••• T••••••••• P••••••• (“B•••••••••”) have entered into a definitive agreement to acquire D•••••• U•••••• S•••••••• (“D••••••”), a premier provider of mission-critical natural gas and water measurement, control and infrastructure equipment solutions, from F•••• R••••••.
B••••••••• E••••• T••••••••• P••••••• ANNOUNCES AGREEMENT TO ACQUIRE DRESSER UTILITY SOLUT | Private Equity Intelligence | DFX