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GEC Announces Successful Closing of Continuation Fund for Estis

HOUSTON, September 26, 2023 GEC, an energy technology focused growth private equity firm based in Houston, Texas, is pleased to announce the completion of a $215 million single-asset continuation fund transaction involving one of its portfolio companies, Estis. The over-subscribed transaction is capitalized by a consortium of new institutional investors and provides liquidity to long-standing investors in Estis. The new investors subscribed through a vehicle managed and controlled by GEC. Kline

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