Page 124 - TACC 2023 Program

A private equity firm equipped to deliver on the promise

Pelican Energy Partners is a highly specialized private equity firm led by experienced energy service
professionals focused on making strategic investments in energy services and manufacturing companies.

KEY INVESTMENT CRITERIA THE PELICAN ADVANTAGE

Sector Focus Oilfield equipment & services Headquartered in Houston,
Nuclear energy services
Texas - the epicenter for
Georgraphic United States energy service businesses
Focus Canada
Proven team with deep
Size EBITDA $1 to $15 M+ industry experience and a
seasoned, in-house back
Company Profitable and established
Characteristics businesses office
Entrepreneurial management Strong track record managing
teams companies through
Differentiated products and downcycles and upcycles
services
Respected companies with fair Tightly-focused investment

and honest business practices strategies to drive above-
Transaction market returns
Types Buyout or recapitalization
with entrepreneur
Growth equity investment Operationally-focused
Corporate carveout investment team driven on
Shared control value creation and true
Distressed investment for partnership
control
Nuclear Robust investment process
Energy
Oilfield Equipment & Services Services Large network capabilities to
source proprietary deals
FUND I FUND II FUND III BASE ZERO
Vintage Year 2012 2016 2018 *raising Full compliance program
Fund Size $120 million $210 million $233 million $300 million
Platform Companies 9 7 8 - Full ESG program

Let's connect: pep-lp.com

Pelican Energy Partners | 2050 W Sam Houston Pkwy S, Suite 1550, Houston, TX 77042 | (713) 559-7110