Kodiak Gas Services to Acquire Distributed Power Solutions
Kodiak Gas Services to Acquire Distributed Power Solutions February 05, 2026 8:00 am EST THE WOODLANDS, Texas--(BUSINESS WIRE)-- Kodiak Gas Services, Inc. (NYSE: KGS) (“Kodiak” or the “Company”) today announced that it entered into a definitive agreement to acquire Distributed Power Solutions, LLC (“DPS”), a leading provider of turnkey, scalable and highly-reliable distributed power solutions serving a diverse set of customers and end markets, in an equity and cash transaction valued at approximately $675 million (the “Acquisition”), subject to adjustment in accordance with the purchase agreement. The purchase price includes $575 million in cash, subject to adjustment in accordance with the purchase agreement, and the issuance of 2,401,278 shares, representing approximately $100 million of Kodiak common stock, to the sellers. Strategic Rationale and Transaction Highlights: Premium Generation Fleet: DPS’s fleet consists of approximately 384 MW of state-of-the-art distributed power gener...