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New Deal


Announced

Completed

Gallant Capital-backed Pro-Vac completed the acquisition of Vac-One from BGL.

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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Oil Equipment and Services

Acquisition

Completed

United States

Single Bidder

Domestic

Private

Friendly

Private Equity

Majority

hydro excavation services

Synopsis

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Gallant Capital-backed Pro-Vac, a provider of essential subsurface infrastructure services, completed the acquisition of Vac-One, a provider of hydro excavation services in Texas, Oklahoma, Colorado and New Mexico, from Brown Gibbons Lang, an investment bank and financial advisory firm. Financial terms were not disclosed. "We are incredibly excited to further grow Pro-Vac in combination with Vac-One. Enhancing Vac-One’s current service offerings with Pro-Vac’s platform of diversified subsurface infrastructure services will immediately benefit Vac-One’s existing customer base. The ability to leverage the combined platform’s capabilities will provide our customers with the most comprehensive set of infrastructure services in the market," Graham Gill, Pro-Vac CEO.

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