Announced
Completed
Financials
Sources
Tags
Single Bidder
Integrated Oil and Gas
Majority
Friendly
Acquisition
Domestic
Completed
United States
Private
oil and gas services
Synopsis
KLX Energy Services, a provider of diversified oilfield services, completed the acquisition of Greene's Energy Group, a provider of support services and products to the oil and gas industry, for $30m. "We believe KLX and Greene's will form a strong partnership based on a common culture focused on safety, execution, customer service and returns. We believe the combined company is better positioned to serve the Greene's customer base and support the team members with the addition of KLX's best in-class diversified offerings," Adam Doyle, Greene's Energy Group President.
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