M&A Deal Summary

CSL Capital Management Acquires Stratum Reservoir

On April 30, 2019, private equity firm CSL Capital Management acquired energy services and equipment company Stratum Reservoir for 205M USD

Acquisition Highlights
  • This is CSL Capital Management’s 1st transaction in the Energy Services and Equipment sector.
  • This is CSL Capital Management’s largest (disclosed) transaction.
  • This is CSL Capital Management’s 1st transaction in the United States.
  • This is CSL Capital Management’s 1st transaction in Texas.

M&A Deal Summary

Date 2019-04-30
Target Stratum Reservoir
Sector Energy Services and Equipment
Buyer(s) CSL Capital Management
Deal Type Divestiture
Deal Value 205M USD

Target

Stratum Reservoir

Houston, Texas, United States
Stratum Reservoir operates customer-focused laboratories to enable the discovery and sustainable development of energy resources through applied geosciences. Stratum supports energy resource investment and divestiture strategies worldwide through the analysis and interpretation of rocks and fluids. Stratum Reservoir was founded in 1985 and is based in Houston, Texas.

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

CSL Capital Management

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2008
PE ASSETS 2.0B USD
Size Large
Type Sector Focused
DESCRIPTION

CSL Capital Management is a private equity firm focused on the energy services and equipment sector. The Firm looks to support a variety of investment situations including growth financings, recapitalizations, and corporate divestitures. CSL Capital Management was formed in 2008 and is headquartered in Houston, Texas.


DEAL STATS #
Overall 1 of 2
Sector: Energy Services and Equipment M&A 1 of 2
Type: Divestiture M&A Deals 1 of 1
State: Texas M&A 1 of 2
Country: United States M&A 1 of 2
Year: 2019 M&A 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-13 Optum Energy Solutions

Houston, Texas, United States

Optum Energy Solutions delivers reliable pipeline drag reduction solutions to ensure efficiency for oil and gas operators. Optum Energy Solutions was formed in 2015 and is based in Houston, Texas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-12 Kanaci Technologies

Houston, Texas, United States

Kanaci Technologies is comprised of three divisions: marine and defense, energy, and power generation. Kanaci Technologies' power generation platform supplies industrial power generation solutions. Kanaci Technologies is positioned to provide power generation solutions for baseload, intermittency, peak, and load sharing power. Kanaci Technologies is based in Houston, Texas.

Buy -