Add-on Acquisition • Energy Services and Equipment

Crest Industries Acquires Optimal Field Services

On June 1, 2016, Crest Industries acquired energy services and equipment company Optimal Field Services

Acquisition Context
  • This is Crest Industries’ 1st transaction in the Energy Services and Equipment sector.
  • This is Crest Industries’ 1st transaction in the United States.
  • This is Crest Industries’ 1st transaction in Louisiana.

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M&A Deal Summary

Date June 1, 2016
Target Optimal Field Services
Sector Energy Services and Equipment
Buyer(s) Crest Industries
Deal Type Add-on Acquisition

Target Company

Optimal Field Services

Geismar, Louisiana, United States
Optimal Field Services LLC is an industrial field services company. Optimal Field Services provides turnkey industrial services to the petroleum, petrochemical, specialty chemical, gas processing and paper processing industries. Optimal Field Services has a tremendous reputation for safely providing excellent customer service by delivering projects on time and on budget.
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Buyer Overview 1

Buyer

Crest Industries

Pineville, Louisiana, United States

Category Company
Founded 1958
Sector Energy Services and Equipment
DESCRIPTION

Crest Industries LLC is a project-oriented companies serving the energy, petrochemical, electric utility, commercial and industrial electrical contractor, and forestry industries.


Deal Context for Buyer #
Overall 1 of 1
Sector: Energy Services and Equipment 1 of 1
Type: Add-on Acquisition 1 of 1
State: Louisiana 1 of 1
Country: United States 1 of 1
Year: 2016 1 of 1