M&A Deal Summary |
|
|---|---|
| Date | 2025-08-01 |
| Target | PowerChokes |
| Sector | Energy Services and Equipment |
| Buyer(s) | Cortec |
| Sellers(s) | ADS Services |
| Deal Type | Divestiture |
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Cortec is a manufacturer of choke, valve, and automation products suited to a range of global energy industry applications across upstream, midstream, and downstream markets. Cortec was founded in 2004 and is based in Houma, Louisiana.
| 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: 2025 M&A | 1 of 1 |
ADS Services is a provider of pressure control equipment and services. ADS Services is based in Midland, Texas.
| 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: 2025 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-11-17 |
PowerChokes
Houston, Texas, United States PowerChokes manufactures and qualifies pressure control equipment in the US for the oil and gas industry. PowerChokes was founded in 1988 and is based in Houston, Texas. |
Buy | - |
