M&A Deal Summary |
|
|---|---|
| Date | 2020-05-04 |
| Target | Aereon |
| Sector | Energy Services and Equipment |
| Buyer(s) | Cimarron Energy |
| Sellers(s) | Turnbridge Capital |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1976 |
| Sector | Energy Services and Equipment |
| Employees | 368 |
| Revenue | 124M USD (2012) |
Cimarron Energy is a manufacturer of engineered oil and natural gas production and processing equipment, providing separation, measurement, flowback, and environmental products, as well as field services, to oil and natural gas exploration and production and midstream companies. Cimarron Energy was established in 1976 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Energy Services and Equipment) | 2 of 2 |
| Type (Add-on Acquisition) | 1 of 1 |
| State (Texas) | 2 of 2 |
| Country (United States) | 2 of 2 |
| Year (2020) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-07-02 |
Hy-Bon Engineering
Midland, Texas, United States Hy-Bon Engineering Co. Inc. design and fabrication of customized compressor packages for handling low pressure gas streams. Regardless of the application: whether gas from oilfield stock tanks, casinghead gas, field gas collection or biogas from wastewater facilities, digester tanks, landfills or breweries, HY-BON/EDI can design the package required. HY-BON/EDI also designs and manufactures custom compressed natural gas (CNG) packages for municipal applications. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2008 |
| Size | Middle-Market |
| Type | Sector Focused |
Turnbridge Capital is a private equity firm focused on investing in middle-market energy services and equipment providers supporting upstream, midstream, and downstream energy companies. Turnbridge will consider companies throughout North America and looks to commit $20 to $100 million in companies generating $25 to $250 million in revenue. Turnbridge prefers control investments, but will consider select minority situations. Turnbridge Capital was formed in 2008 and is headquartered in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 8 |
| Sector (Energy Services and Equipment) | 5 of 6 |
| Type (Add-on Acquisition) | 3 of 3 |
| State (Texas) | 7 of 8 |
| Country (United States) | 7 of 8 |
| Year (2020) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-01-01 |
USA DeBusk
Deer Park, Texas, United States USA DeBusk is a provider of highly specialized mechanical and industrial cleaning services including hydro blasting, transportation services, hydro cutting, vacuum services, chemical cleaning, hydro excavation, pigging and decoking services, hot and fixed bed inert catalyst handling and cleaning services, and specialty turnaround services. The company operates out of 22 field offices, providing services for customers in a wide variety of end-markets such as the downstream refining, petrochemical, power generation, and manufacturing sectors. USA DeBusk was established in 2012 and is based in Deer Park, Texas. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-01 |
Pipe Pros
Corpus Christi, Texas, United States Pipe Pros is an energy services company focused on the high-quality, safe installation of casing and tubing for new oil and natural gas well construction and the provision of tubing maintenance services for producing oil and natural gas wells. Pipe Pros was established in 2009 and is based in Corpus Christi, Texas. |
Sell | - |
