About Pelican Energy Partners
Pelican Energy Partners is a private equity firm founded in 2012. It is primarily based in Houston, United States. As of Aug 2026, Pelican Energy Partners is an active investor with a portfolio of 27 companies, comprising 27 funding rounds and 17 acquisitions. In the last 12 months, it has participated in 1 funding round and has made 3 acquisitions. The firm primarily invests in companies based in United States and Canada. Its portfolio is spread across a wide range of sectors from Energy to High Tech. Most recently it acquired stakes in Riggins Company on Jul 20, 2026.
Overall Pelican Energy Partners portfolio has seen 9 acquisitions, namely Gordon Technologies, M&M Pipeline Services and Veretek. A lot of funds co-invest with Pelican Energy Partners, with names like NantWorks sharing a substantial percentage of its portfolio.
Pelican Energy Partners has a team of 18 people, including 8 partners.
Key Metrics
Founded Year
2012
Location
Houston, United States
Portfolio Companies
Portfolio Locations
Acquisition Deals
Investment Deals
Pelican Energy Partners' Portfolio
Pelican Energy Partners has a portfolio of 27 companies. They have invested in a total of 27 companies. Their most recent investment was in SHINE Technologies (Series D round) on Feb 26, 2026. Here are the most recent investments by Pelican Energy Partners:Date | Company | Round | Amount | Co-Investors |
|---|---|---|---|---|
Feb 26, 2026 | Series D | 1491 | ||
Feb 18, 2025 | Seed | 7278 | and 4 others | |
Jun 26, 2023 | PE | 2826 | - | |
Mar 08, 2018 | PE | 4130 |
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Pelican Energy Partners has acquired 17 companies. Their most recent acquisition was of Riggins Company on Jul 20, 2026. Here are the most recent acquisitions by Pelican Energy Partners:
Acquisition Date | Company | Short Description | Total Funding | Founded Year |
|---|---|---|---|---|
Jul 20, 2026 | Manufacturer of custom metal fabrications, weldments, pressure vessels, and heat exchangers | - | - | |
Jul 14, 2026 | A contract manufacturer serving the medical device industry | - | 1996 | |
Nov 21, 2025 | Manufacturer of tie-rod and custom engineered pneumatic and hydraulic cylinders | - | 1901 | |
Mar 10, 2025 | Provider of contracting services for Nuclear, Fossil, Natural Gas, Solar, and Petrochemical Industries | - | 2013 |
Here is the portfolio snapshot of Pelican Energy Partners:
Investments by Year
The maximum number of investments were made in 2017
Acquisitions by Year
The maximum number of acquisitions were made in 2024
Portfolio by Location
Companies are primarily in United States and Canada
Portfolio by Sector
Companies are primarily in Energy
Team profile of Pelican Energy Partners
Pelican Energy Partners has a team of 18 members including 8 Partners and 4 Principals located in United States. Pelican Energy Partners' team does not sit on the board of any company as of now.Here is a list of top team members in Pelican Energy Partners:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Houston | - | ||
Partner | Houston | - | ||
Partner | Houston | - | ||
Partner | Lake Oswego | - | ||
Partner | Houston | - | ||
Partner | Houston | - | ||
Partner | Houston | - | ||
Partner | Argyle | - | ||
Principal | Houston | - | ||
Principal | Houston | - | ||
Principal | Cypress | - |
Co-investors of Pelican Energy Partners
Over the past 14 years, 7 investors have co-invested in Pelican Energy Partners's portfolio companies.
- Top Co-investors of Pelican Energy Partners: 7 investors entered a company along with Pelican Energy Partners. These include investors like NantWorks (1 company).
Pelican Energy Partners News
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Pelican Energy Partners Acquires Riggins Company for U.S. Navy and Industrial Fabrication GrowthMiningstockeducation•Jul 20, 2026•Pelican Energy Partners, Riggins Company
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Pelican Energy Partners Acquires Veridiam, a Precision Manufacturer for Nuclear and Other IndustriesMiningstockeducation•Jul 13, 2026•Pelican Energy Partners, Veridiam
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Taalas raises $169M in funding to develop model-specific AI chipsSiliconAngle•Feb 20, 2026•Taalas, Fidelity Investments, Quiet Capital, Sumitomo and 5 others
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Li Feifei's startup World Labs completes a new round of $1 billion in financingEastmoney•Feb 19, 2026•World Labs, Fidelity Investments, AMD, Emerson and 12 others
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Pelican Energy Partners Acquires Hanna Cylinders, Provider of Heavy-Duty CylindersMiningstockeducation•Nov 21, 2025•Pelican Energy Partners
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Donald Hoffman Reacquires EXCEL Services Corporation Ownership From Pelican Energy PartnersMiningstockeducation•Jul 17, 2025•EXCEL Services, Pelican Energy Partners
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David Hoffman Reacquires Ownership of EXCEL Services CorporationMiningstockeducation•Jul 16, 2025•EXCEL Services, Pelican Energy Partners
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Everstar Secures $4m In Pre-seed Funding To Revolutionize Nuclear Compliance With Aiintelligence360•Mar 03, 2025•Everstar Global, Third Prime, Pelican Energy Partners, EXCEL Services and 3 others
