Island Energy Services

Transaction overview

Announced

Exact closing date not established.

A partnership between First Reserve and funds managed by Fortress affiliates agreed to acquire a majority stake in Island Energy Services. The existing One Rock affiliate would remain an investor. Completion was expected in the third quarter of 2025, with no closing established in the source.

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.