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New Deal


Announced

K-Solv Group to acquire Energy Completion Services and Chaparral Rental Services.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Majority

Oil Equipment and Services

Friendly

Private

Domestic

Acquisition

Pending

Integrated Oil and Gas

gas supply

United States

Synopsis

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K-Solv Group, s company that provides comprehensive environmental solutions, agreed to acquire Energy Completion Services, a company that provides onshore and offshore wireline pressure control equipment for the oil and gas industry, and Chaparral Rental Services, a rental supplier for the oil and gas industry. "The acquisition of ECS complements our full suite of K-Solv Group service offerings, adding to our capacity and geographic presence. We see this as an opportunity to expand our existing energy sector services and welcome ECS into the K-Solv Group," Russell Allen, K-Solv Group CEO and Owner.

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