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Announced

Completed

NextMart completed the acquisition of Emco Oilfield Services.

Financials

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

Tags

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Completed

oil production

United States

Integrated Oil and Gas

Acquisition

Domestic

Single Bidder

Friendly

Majority

Private

Synopsis

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NextMart, a construction company, completed the acquisition of Emco Oilfield Services, an oilfield services provider. Financial terms were not disclosed. "We are excited to announce that we have acquired Emco. We feel this is a perfect fit for the direction of where we want our core business focus to develop. Emco has been in operation since early 2018 and has already made a significant impact in the Permian Basin. Emco will be our flagship business," William Bouyea, NextMart CEO.

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