Kline hill leads $215m continuation fund deal for growing GEC portfolio company Estis

Energy tech-focused private equity firm GEC has completed a $215m continuation fund for its portfolio company Estis, with Kline Hill Partners the sole lead secondaries buyer among a consortium of institutional investors.

Alt Assets • September 27, 2023

Estis, which specialises gas and fluid lift technology for the petrochemicals market, has grown its EBITDA by 5x since GEC’s buyout in 2019 through its $174m Fund III. Firm managing partner Jonathan Fairbanks said, “We are extremely proud of Estis’ success thus far, and the attractive returns we have generated for existing investors…

Read More


Want to get in touch?

We bring decades of experience to your challenges - and a suite of personnel uniquely designed to meet your needs.