M&A Deal Summary |
|
|---|---|
| Date | 2008-09-01 |
| Target | Accelerated |
| Sector | Energy Services and Equipment |
| Buyer(s) |
Parallel Investment Partners
White Deer Energy |
| Deal Type | Recapitalization |
SEARCH BY
Try For Free 7-Day Free Trial
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 600M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Parallel Investment Partners is a private equity firm focused on acquiring North American middle market companies. Parallel looks for companies generating at least $10 million in revenue and valued between $10 and $100 million. Sectors of interest include business services, financial services, energy exploration, energy services, healthcare services, medical products, restaurants, retail, education, engineered products, and light manufacturing. Prospective transaction situations include recapitalizations, growth capital financings, buyouts, and divestitures. Parallel Investment Partners was formed in 1999 and is based in Dallas Texas.
| DEAL STATS | # |
|---|---|
| Overall | 22 of 25 |
| Sector (Energy Services and Equipment) | 2 of 3 |
| Type (Recapitalization) | 19 of 22 |
| State (Texas) | 5 of 5 |
| Country (United States) | 22 of 25 |
| Year (2008) | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-09-01 |
Products Fabrication
Houston, Texas, United States Products Fabrication, Inc. is a designer and manufacturer of vessels and other components primarily used to process liquids in the oil & gas industry. Increased U.S. oil and gas production (driven by high levels of drilling activity) combined with increased water cut characterizing domestic reserves continue to drive strong demand for PFI's products used to process oil and gas liquids. Products Fabrication was established in 1988 and is based in Houston, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-10-01 |
Offshore Inland Marine & Oilfield Services
Mobile, Alabama, United States Offshore Inland Marine & Oilfield Services is a provider of topside (above water) services to the offshore oil & gas and marine industries. Based in Mobile, Alabama the Company provides oil rig and vessel repair, upgrades, conversions and modifications, including steel fabrication, inside/outside machining, offshore installation and services, and engineering/design work. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2008 |
| PE ASSETS | 2.7B USD |
| Size | Large |
| Type | Sector Focused |
White Deer Energy is a specialist private equity investment group focused on the energy sector. White Deer targets equity investments of $25 to $100 million in companies active in oil and gas production, oil service and equipment manufacturing and midstream infrastructure. Prospective transaction situations include companies in need of capital for growth, companies with follow-on opportunities, or management teams looking to continue to operate their companies. The Firm prefers control or co-control positions. White Deer Energy was formed in 2008 and has offices in Houston, Texas and New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 25 |
| Sector (Energy Services and Equipment) | 1 of 16 |
| Type (Recapitalization) | 1 of 2 |
| State (Texas) | 1 of 11 |
| Country (United States) | 1 of 23 |
| Year (2008) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-09-02 |
PostRock Energy
Oklahoma City, Oklahoma, United States PostRock Energy Corp. is a producer of natural gas exploration services. The company own and operate a 2,200 mile gathering system in the Cherokee Basin supporting our upstream operations. PostRock Energy was founded in 1982 and is based in Oklahoma City, Oklahoma. |
Buy | - |
