# CSL Capital Management forms Kanaci Technologies and acquires Vericor Power Systems

CSL Capital Management formed Kanaci Technologies, integrating BJ Energy Solutions' technology, and acquired Vericor Power Systems, a supplier of aeroderivative gas turbines. Vericor will operate as a subsidiary of Kanaci Technologies.

- Type: Acquisition
- Announced: 2021-08-12
- Where: United States
- Status: completed
- Products: aeroderivative gas turbines, fracturing fleet (TITAN)
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Vericor Power Systems](https://endata.com/companies/40101.md) (target)
- [CSL Capital Management](https://endata.com/companies/57069.md) (investor)
- [Kanaci Technologies](https://endata.com/companies/57070.md) (acquirer)
- [BJ Energy Solutions](https://endata.com/companies/57071.md) (partner)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/csl-capital-management-announces-the-formation-of-kanaci-technologies-integrating-the-ghg-emissions-reducing-technology-of-bj-energy-solutions-and-the-acquisition-of-vericor-power-systems-301354361.html), 2021-08-12: "We are pleased to partner with Vericor and to utilize its unique low-emission gas turbines to provide customer solutions for the military, marine, energy and power generation, and other industries."
- [vericor.com](https://www.vericor.com/csl-capital-management-announces-the-formation-of-kanaci-technologies-integrating-the-ghg-emissions-reducing-technology-of-bj-energy-solutions-and-the-acquisition-of-vericor-power-systems/), 2022-01-12: "CSL Capital Management is pleased to announce that it has formed Kanaci Technologies and acquired Vericor Power Systems."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.