M&A Deal Summary |
|
|---|---|
| Date | 2020-01-02 |
| Target | TriStar Global Energy Solutions - Two Business Units |
| Sector | Energy Services and Equipment |
| Buyer(s) | HydroChemPSC |
| Sellers(s) | ZymeFlow |
| Deal Type | Divestiture |
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HydroChemPSC is a national provider of industrial cleaning, specialty maintenance services, and technology solutions to the critical energy infrastructure in the United States. The company has built a strong business platform by partnering with clients who value safety, the most modern and productive equipment in the industry, a deep bench of engineering talent, and the highest standards for environmental compliance. It works as partners to transparently identify ways to reduce wastes, costs, and liabilities. HydroChemPSC was formed in 1977 and is based in Deer Park, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector: Energy Services and Equipment M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 2 of 2 |
| State: Texas M&A | 3 of 3 |
| Country: United States M&A | 4 of 4 |
| Year: 2020 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-12-17 |
CARBER
Houston, Texas, United States CARBER provides a full line of Inspection & Specialty Mechanical Service solutions integrated with a Health, Safety, and Environmental program, reflecting the company’s commitment to the people, communities, and markets the company serves. CARBER’s services increase safety, decrease downtime, reduce environmental impact and increase operational efficiency at customers’ facilities. CARBER was founded in 1995 and is based in Houston, Texas. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 2002 |
| Sector | Energy Services and Equipment |
ZymeFlow engages in the decontamination of hydrocarbon process equipment for entry, inspection, and maintenance including hot work. The exclusive ZymeFlow Process uses proprietary chemistry and application to achieve vessel entry in 8-12 hours. This unparalleled process prepares equipment for entry by simultaneously de-oiling while eliminating pyrophoric iron sulfide (FeS), hydrogen sulfide (H2S), benzene, and other explosive gases (LELs). ZymeFlow was founded in 2002 and is based in Houston, 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: 2020 M&A | 1 of 1 |