Locke Lord Represents Pelican Energy Partners in Acquisition of GSE Solutions

A Locke Lord team led by Jennie Simmons, Lauren Richter and Jon Daly (all of Houston) represented Pelican Energy Partners, a Houston-based private equity firm specializing in strategic investments in small to middle-market, high-growth potential energy service and equipment companies, in its definitive agreement to acquire GSE Solutions, a leader in advanced engineering solutions that supports the future of clean-energy production and decarbonization initiatives of the power industry. Under the terms of the merger agreement, Pelican will acquire all the outstanding shares of GSE. The all-cash transaction is expected to close in the third or fourth quarter of 2024, subject to the approval of GSE shareholders and the satisfaction of other customary closing conditions. For more information, see the press release. Additional assistance was provided by Jeremy Petersen, Eric Larson, Jerry Higdon, Sara Longtain, Ed Razim, Akilah Craig, Nicole Davies, Grace Elliott, Marshall Moorhouse, Tyler Self (all of Houston), Peter Wynacht (Chicago), Mark Backofen (Dallas), Jerry Francese and Will Barnard (both of New York).
Posted on August 9, 2024