M&A Deal Summary

Lime Rock Partners Acquires A&B Valve

On June 19, 2024, private equity firm Lime Rock Partners acquired distribution company A&B Valve

Acquisition Highlights
  • This is Lime Rock Partners’ 1st transaction in the Distribution sector.
  • This is Lime Rock Partners’ 51st transaction in the United States.
  • This is Lime Rock Partners’ 30th transaction in Texas.

M&A Deal Summary

Date 2024-06-19
Target A&B Valve
Sector Distribution
Buyer(s) Lime Rock Partners
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Piper Sandler & Co. (Financial)

Target

A&B Valve

Houston, Texas, United States
A&B Valve is a distributor of pipe, valve and fitting (PVF) products and services to the energy and industrial markets. A&B Valve was founded in 1972 and is based in Houston, Texas.

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Buyer(S) 1

Buyer

Lime Rock Partners

Westport, Connecticut, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1998
PE ASSETS 10.4B USD
Size Mega
Type Sector Focused
DESCRIPTION

Lime Rock Partners is a private investment firm focused on growth capital investments in the energy industry. Specifically, Lime Rock looks for companies engaged in exploration & production, energy service, and oil service technology in North America and Europe. Lime Rock's target investment size is $50 to $150 million in businesses valued up to $500 million. Lime Rock Partners was formed in 1998 and is affiliated with Lime Rock Resources. Lime Rock Partners has offices in Westport, Connecticut; Aberdeen, Scotland; and Houston, Texas.


DEAL STATS #
Overall 92 of 92
Sector (Distribution) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 58 of 58
State (Texas) 30 of 30
Country (United States) 51 of 51
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-21 Silixa

Hertfordshire, United Kingdom

Silixa is an independent provider of distributed fiber optic sensing solutions, offering an unrivalled technical portfolio of end-to-end solutions that enable temperature, strain and acoustic measurements at the highest fidelity in even the most hostile settings. Silixa is based in Hertfordshire, United Kingdom.

Sell $22M