Announced
Financials
Tags
Domestic
Single Bidder
Pending
Acquisition
Majority
Friendly
petroleum equipment
United States
Private
Private Equity
Oil Equipment and Services
Synopsis
Rosewood Private Investments, a private equity firm, agreed to acquire The Southern Co, a petroleum equipment distributor, Financial terms were not disclosed. “The Southern Co. nicely complements AMPET and PECO, and the Scott family should be very proud of the company they’ve built. We look forward to partnering with Eric, Jason, and their entire team for the next stage of the company’s journey. This addition to the StationServ family of companies allows us to extend our reach and broaden our service offerings for both existing and new customers,” G.T. Barden, RPI Managing Director.
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