Airswift acquires New Tech Global's energy businesses

Type: Acquisition · Technology: Oil Gas · Country: United States · Announced: 2026-09-03

Gemspring-backed Airswift has acquired the energy businesses of New Tech Global, including its Ventures, Rig Personnel, and Auburn units. These acquired entities provide upstream oil and gas workforce, project and asset management, and technical advisory services within the US energy sector. The acquisition aims to expand Airswift's service offerings and market presence in the oil and gas industry. Specific financial terms and the exact date of the transaction were not disclosed in the article.

Analysis

Airswift, backed by US-based private equity firm Gemspring Capital, acquired the energy businesses of New Tech Global, including its Ventures, Rig Personnel, and Auburn units, in a transaction announced on 2026-09-03. The acquired entities provide upstream oil and gas workforce, project and asset management, and technical advisory services within the US energy sector. Gemspring Capital provides flexible capital solutions to middle-market companies across sectors such as aerospace & defense, business services, consumer, and financial. The specific financial terms of this acquisition, which is located in the United States, were not disclosed.

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