Business
EQT exits remaining stake in Kodiak Gas Services, a leading provider of natural gas contract compression services in the United States
EQT is pleased to announce that the EQT Infrastructure III and EQT Infrastructure IV funds ("EQT") have fully exited their investment in Kodiak Gas Services (NYSE: KGS, "Kodiak" or the "Company"). The exit marks the culmination of EQT's first IPO out of its infrastructure platform and a nearly seven-year partnership that supported Kodiak's expansion into one of the largest contract compression companies in North America.
About this update from Kodiak Gas Services, Inc.
[{"type":"list","items":[{"val":[{"type":"text","content":"EQT completes final exit from Kodiak Gas Services, a leader in the gas compression industry with powerful and comprehensive service capabilities","length":144,"tagName":"p"}]},{"val":[{"type":"text","content":"Under EQT's ownership, Kodiak transformed into one of the largest contract compression businesses in North America, providing critical infrastructure to leading energy producers","length":181,"tagName":"p"}]},{"val":[{"type":"text","content":"Kodiak is well-positioned for continued growth, demonstrating EQT's commitment to building future-proofed businesses through operational excellence and sustainable, hands-on value creation","length":192,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":517,"olType":false},{"type":"text","content":"NEW YORK, Dec. 11, 2025 /PRNewswire/ -- EQT is pleased to announce that the EQT Infrastructure III and EQT Infrastructure IV funds ("EQT") have fully exited their investment in Kodiak Gas Services (NYSE: KGS, "Kodiak" or the "Company"). The exit marks the culmination of EQT's first IPO out of its infrastructure platform and a nearly seven-year partnership that supported Kodiak's expansion into one of the largest contract compression companies in North America.","length":502,"tagName":"p"},{"type":"text","content":"Founded in 2011 and headquartered in Houston, Kodiak provides critical compression equipment and services that enable the transportation of natural gas across the U.S. energy value chain.","length":187,"tagName":"p"},{"type":"text","content":"Its high-horsepower fleet serves major producers and midstream operators in some of North America's most prolific, low-cost basins. Kodiak's services play an essential role in meeting growing U.S. energy needs and supporting domestic energy security, ensuring natural gas reliably reaches end users in an increasingly complex supply environment.","length":353,"tagName":"p"},{"type":"text","content":"Since EQT's initial investment in 2019, Kodiak has undergone a significant transformation, marked by a series of targeted value creation initiatives. The Company completed multiple strategic acquisitions, invested in digital tools and analytics to optimize asset performance and reduce emissions, launched its first ever sustainability report, and now ...