Blackstone Energy Transition Partners agrees to buy Dresser Utility Solutions from First Reserve

Blackstone Inc.

Blackstone Inc.

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  • Blackstone Energy Transition Partners agreed to buy Dresser Utility Solutions from First Reserve.
  • Dresser supplies measurement and control equipment for natural gas and water utilities, focusing on modernizing aging infrastructure.
  • The business was founded in 1880, is headquartered in Houston, and employs about 850 people.
  • Financial terms were not disclosed; the deal is expected to close subject to customary conditions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Blackstone Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260705279067) on July 06, 2026, and is solely responsible for the information contained therein.

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