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  6. Ace Energy Solutions Acquires Recoil Energy Systems

M&A Deal Summary

Ace Energy Solutions Acquires Recoil Energy Systems

On March 6, 2018, Ace Energy Solutions acquired energy services and equipment company Recoil Energy Systems

Acquisition Highlights
  • This is Ace Energy Solutions’ 1st transaction in the Energy Services and Equipment sector.
  • This is Ace Energy Solutions’ 1st transaction in the United States.
  • This is Ace Energy Solutions’ 1st transaction in Texas.

M&A Deal Summary
Date 2018-03-06
Target Recoil Energy Systems
Sector Energy Services and Equipment
Buyer(s) Ace Energy Solutions
Deal Type Add-on Acquisition

Target

Recoil Energy Systems

Trent, Texas, United States
Recoil Energy Systems LLC is a provider of oil reclamation services including tank cleaning, oil recovery, oilfield waste fluid handling and disposal services throughout the Permian Basin for salt water disposal wells, crude oil production tanks and pipelines. Recoil Energy Systems was founded in 2014 and is based in Trent, Texas.

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Buyer(S) 1

Buyer

Ace Energy Solutions

Katy, Texas, United States
Category Company
Founded 2014
Sector Energy Services and Equipment
DESCRIPTION

Ace Energy Solutions is a provider of crude oil gathering and oil recovery services to oil producers, saltwater disposal operators and other service companies throughout Texas. Ace Energy Solutions was founded in 2014 and is based in Katy, Texas.

DEAL STATS #
Overall 1 of 1
Sector: Energy Services and Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1
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