M&A Deal Summary

Brigade Energy Services Acquires Globe Energy Services - Well Servicing Division

On September 7, 2017, Brigade Energy Services acquired energy services and equipment company Globe Energy Services - Well Servicing Division from Globe Energy Services

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

M&A Deal Summary

Date 2017-09-07
Target Globe Energy Services - Well Servicing Division
Sector Energy Services and Equipment
Buyer(s) Brigade Energy Services
Sellers(s) Globe Energy Services
Deal Type Divestiture

Target

Globe Energy Services - Well Servicing Division

Snyder, Texas, United States
Globe Energy Services LLC - Well Servicing Division focus on its core midstream water logistics and pre-frac solutions as well as power generation services for E&P clients operating in the Permian and other target basins.

Search 214,503 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Brigade Energy Services

Denver, Colorado, United States

Category Company
Founded 2017
Sector Energy Services and Equipment
DESCRIPTION

Brigade Energy Services is a well services company focused on providing completion, intervention, maintenance and plugging & abandonment services to the growing population of extended lateral, horizontal wellbores in the North American oil & gas industry. Brigade Energy Services was established in 2017 and is based in Denver, Colorado.


DEAL STATS #
Overall 1 of 2
Sector: Energy Services and Equipment M&A 1 of 2
Type: Divestiture M&A Deals 1 of 2
State: Texas M&A 1 of 2
Country: United States M&A 1 of 2
Year: 2017 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-03 Nine Energy Service - Production Solutions Segment

Houston, Texas, United States

Nine Energy Service, Inc. - Production Solutions Segment includes Nine’s fleet of 107 workover rigs, ancillary equipment and real estate associated with the 13 operating facilities throughout the United States.

Buy $17M

Seller(S) 1

SELLER

Globe Energy Services

Snyder, Texas, United States

Category Company
Founded 2004
Sector Energy Services and Equipment
DESCRIPTION

Globe Energy Services LLC provides a full range of services primarily focused on production activities and the maintenance of existing wells, with capabilities that include fluid services, completion services, artificial lift, well services, fishing and rental, production chemicals, water infrastructure solutions and other environmental services.


DEAL STATS #
Overall 1 of 1
Sector: Energy Services and Equipment M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-27 Permian Basin H2O

Midland, Texas, United States

West Texas H2O is an established Permian Basin based fresh and produced water solutions provider. WTH2O owns or has access to more than 20,000 net acres of freshwater, over 6 million barrels of pit storage capacity for frac water, and more than 125 freshwater wells capable of producing an estimated 450,000 barrels of freshwater per day. WTH2O is a midstream focused business with over 90 miles of pipeline infrastructure to support freshwater supply, produced water takeaway and disposal into WTH2O and GlobeLTR’s Permian saltwater disposal network.

Buy -