Dresser Utility Solutions

Transaction overview

Announced

Exact closing date not established.

First Reserve announced an agreement to sell Dresser Utility Solutions to funds managed by Blackstone Energy Transition Partners. The transaction remained subject to customary closing conditions.

Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.