Announced
Synopsis
Brenntag-backed Coastal Chemical, a firm serving the upstream, midstream and downstream segments of the oil and gas industry, agreed to acquire Tech Management from Clearlake-backed Gravity, a provider of energy infrastructure services. Financial terms were not disclosed. "There is a strategic fit between Brenntag and Tech Management, and this sale allows Gravity to increase its efforts on its core, growth focused water logistics and power generation business lines for customers operating primarily in the Permian, the Bakken, and other key basins," José E. Feliciano and Colin Leonard, Clearlake Co-Founder and Managing Partner and Partner and Managing Director.
Show Details & Financials
Sort
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.