Kodiak's $750M Power Move, Lamar & Matt Bowers Expansions
New Orleans News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Kodiak Gas Services is expanding into distributed power with a $775 million acquisition of Distributed Power Solutions, a move that aligns with their operations expertise and opens doors to fast-growing energy needs from digital infrastructure. The deal, valued at 7.4 times DPSs projected 2026 earnings, is expected to close in Q2 2026. Meanwhile, Lamar Advertising and Matt Bowers Automotive Group made strategic acquisitions to strengthen their local footprint and expand into new markets.
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