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  6. DNOW Acquires Power Service

M&A Deal Summary

DNOW Acquires Power Service

On April 29, 2016, DNOW acquired electrical equipment company Power Service

Acquisition Highlights
  • This is DNOW’s 1st transaction in the Electrical Equipment sector.
  • This is DNOW’s 5th transaction in the United States.
  • This is DNOW’s 1st transaction in Wyoming.

M&A Deal Summary
Date 2016-04-29
Target Power Service
Sector Electrical Equipment
Buyer(s) DNOW
Deal Type Add-on Acquisition

Target

Power Service

Casper, Wyoming, United States
Power Service, Inc. is a provider of rotating and process equipment engineering, design, installation, fabrication and service solutions. It manufactures below for air / natural gas compressors & dryers, blowers and filtrations as well as generators, mechanical seals and pump equipment.

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Buyer(S) 1

Buyer

DNOW

Houston, Texas, United States
Category Company
Founded 1862
Sector Energy Services and Equipment
Employees2,395
Revenue 2.4B USD (2024)
DESCRIPTION

DNOW is a provider of energy products to the worldwide energy and industrial market. DNOW was founded in 2013 and is based in Houston, Texas.

DEAL STATS #
Overall 5 of 9
Sector: Electrical Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 5 of 8
State: Wyoming M&A 1 of 1
Country: United States M&A 5 of 9
Year: 2016 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-29 Power Transportation

Memphis, Tennessee, United States

Power Transportation LLC is a distributor of compressor, air tool and accessories.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-01 GR Energy Services - Flex Flow

Midland, Texas, United States

GR Energy Services LLC's Flex Flow is a provider of H-pump solutions for applications across the energy industry. Flex Flow has earned a widespread reputation of H-pump expertise throughout the lifecycle of the application, via its suite of a rental, permanent installation, and service, and support offerings. GR Energy Services LLC's Flex Flow is based in Midland, Texas.

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Mergr

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