Kodiak Gas Services, Inc. 8K

Kodiak Gas Services, Inc. agreed to acquire Distributed Power Solutions, LLC for approximately $675 million in cash and stock, adding 384 MW of distributed power assets and expanding into digital infrastructure markets, with closing expected in early April 2026.

On February 5, 2026, Kodiak Gas Services, Inc. announced that it entered into a definitive agreement to acquire Distributed Power Solutions, LLC in an equity and cash transaction valued at approximately $675 million, consisting of $575 million in cash and the issuance of 2,401,278 shares of Kodiak common stock, subject to customary purchase price adjustments and regulatory approvals. The deal, approved by both companies’ boards and sellers, adds roughly 384 MW of distributed power generation assets, is valued at about 7.4x DPS’s estimated 2026 full-year adjusted EBITDA, and is expected to be immediately accretive to earnings and discretionary cash flow per share while expanding Kodiak’s presence into high-growth digital infrastructure and strengthening relationships with energy-sector customers. The transaction is anticipated to close in early April 2026, following Hart-Scott-Rodino antitrust review and other customary closing conditions, with DPS’s management team joining Kodiak to help integrate and grow the combined distributed power and compression businesses.

Filing Facts

CIK

1767042

Ticker

-

Form

8K

Source Type

sec

Accession

0001193125-26-039600

Alert Tier

8