M&A Deal Summary

Imperative Acquires Performance Chemical

On October 7, 2024, Imperative acquired chemicals company Performance Chemical

Acquisition Highlights
  • This is Imperative’s 4th transaction in the Chemicals sector.
  • This is Imperative’s 7th transaction in the United States.
  • This is Imperative’s 6th transaction in Texas.

M&A Deal Summary

Date 2024-10-07
Target Performance Chemical
Sector Chemicals
Buyer(s) Imperative
Deal Type Add-on Acquisition
Advisor(s) PPHB (Financial)

Target

Performance Chemical

Midland, Texas, United States
Performance Chemical provides specialty chemical solutions, primarily serving midstream and production operators in the oil and gas industry. With deep expertise in formulating proprietary chemistries, PCC supports the operational integrity of pipelines and oil wells, ensuring optimal flow and asset longevity. Its advanced blending facilities and state-of-the-art dry chemistry production capabilities enable the company to deliver customized chemical solutions throughout the Permian Basin. Performance Chemical was formed in 2009 and is based in Midland, Texas.

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Buyer(S) 1

Buyer

Imperative

Midland, Texas, United States

Category Company
Sector Chemicals
DESCRIPTION

Imperative is a provider of specialty chemicals, in-field technical support and laboratory services to exploration and production and pipeline companies in the most active shale plays in the United States. Imperative is largely focused in the Permian Basin with additional locations in the Eagle Ford, Mid-Continent, Barnett, Bakken and Haynesville Shales. Imperative is based in Midland, Texas.


DEAL STATS #
Overall 8 of 8
Sector: Chemicals M&A 4 of 4
Type: Add-on Acquisition M&A Deals 6 of 6
State: Texas M&A 6 of 6
Country: United States M&A 7 of 7
Year: 2024 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-25 Western Chemical

Roosevelt, Utah, United States

Western Chemical is a full service chemical company offering products for drilling, completion, production and gas gathering. The company also specialize in production, water treatment for fracking jobs, injection or disposal systems. Western Chemical was founded in 2009 and is based in Roosevelt, Utah.

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