M&A Deal Summary

NOW Acquires Industrial Tool & Repair

On April 29, 2016, NOW acquired distribution company Industrial Tool & Repair

Acquisition Highlights
  • This is NOW’s 4th transaction in the Distribution sector.
  • This is NOW’s 5th transaction in the United States.
  • This is NOW’s 1st transaction in Montana.

M&A Deal Summary
Date 2016-04-29
Target Industrial Tool & Repair
Sector Distribution
Buyer(s) NOW
Deal Type Add-on Acquisition

Target

Industrial Tool & Repair

Billings, Montana, United States
Industrial Tool & Repair, Inc. (dba Power Service of Montana, Inc.) is a compressor, air tool and accessories distributor.

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Buyer(S) 1

Buyer

NOW

Houston, Texas, United States
Category Company
Founded 2013
Sector Energy Services and Equipment
Employees2,375
Revenue 2.3B USD (2023)
DESCRIPTION

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

DEAL STATS #
Overall 5 of 8
Sector (Distribution) 4 of 4
Type (Add-on Acquisition) 5 of 7
State (Montana) 1 of 1
Country (United States) 5 of 8
Year (2016) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-29 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.

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.

Buy -
Mergr

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