Donald Hoffman Reestablishes Full Ownership of EXCEL Services Corporation

In a significant development for the nuclear consultancy sector, Donald Hoffman, the founder and President of Excel Services Corporation (commonly known as Excel), has regained complete ownership of the company. This transition was facilitated through a transaction with Pelican Energy Partners, an investment firm that had previously acquired equity in Excel back in December 2023 to enhance its market capabilities.

Background and Investment

Pelican Energy Partners invested in Excel with the aim of bolstering the company’s service offerings by integrating its consulting abilities with those of other enterprises in which Pelican had stakes. Over nearly eighteen months, both entities collaborated towards this vision, achieving notable advancements within Excel. The partnership allowed Excel to refine its core services while leveraging Pelican’s expertise in the nuclear energy domain.

A New Direction for Excel

However, as they evaluated the future trajectory of the company, both parties reached the conclusion that Excel would be better positioned for growth as a standalone consultancy rather than as part of a larger conglomerate of related services. This realization prompted Pelican Energy Partners to divest its equity interests effective July 1, 2025.

Hoffman will lead Excel during this new phase, which emphasizes independence and market presence. He stated, “We appreciate the nuclear experience and business support Pelican has brought to our company. We look forward to continuing to work together in this new capacity to expand our industry to greater heights.” His remarks underscore not only a sense of gratitude towards Pelican for its support but also reflect an optimistic outlook for Excel’s future.

Mike Scott, the Founding Partner of Pelican, echoed these sentiments, expressing satisfaction with the collaboration and optimism for Excel’s continued leadership in the nuclear advisory sector. “We have enjoyed our close partnership with the team at Excel. We look forward to working with the company in the future and wish them continued success as a market leader in nuclear advisory services,” he noted.

About Excel Services Corporation

Excel Services Corporation, headquartered in Rockville, Maryland, offers a comprehensive array of consulting services tailored to the nuclear energy sector. Their expertise encompasses operations and maintenance cost reductions, workforce enhancement, and facilitating technology recommendations for new reactor developments. Additionally, Excel is proactive in nuclear regulatory policy development, critical infrastructure protection, and extending their clients' operational capabilities through innovative strategies such as license renewal applications and support for extended power uprates.

With a history of collaboration with regulatory authorities such as the U.S. Nuclear Regulatory Commission and the Canadian Nuclear Safety Commission, Excel has built a strong reputation as a trusted consultancy in the industry.

Contact and Further Information

For additional details about Excel Services Corporation and its offerings, interested parties can visit www.excelservices.com.

As the nuclear industry continues to evolve, Hoffman's reacquisition marks a pivotal moment for Excel, positioning the firm to enhance its role as an independent advisor and expand its service offerings effectively.