M&A Deal Summary

OFSCap Acquires Oil & Gas Asset Clearinghouse

On March 22, 2016, OFSCap acquired energy services and equipment company Oil & Gas Asset Clearinghouse from CenterGate Capital

Acquisition Highlights
  • This is OFSCap’s 1st transaction in the Energy Services and Equipment sector.
  • This is OFSCap’s 1st transaction in the United States.
  • This is OFSCap’s 1st transaction in Texas.

M&A Deal Summary

Date 2016-03-22
Target Oil & Gas Asset Clearinghouse
Sector Energy Services and Equipment
Buyer(s) OFSCap
Sellers(s) CenterGate Capital
Deal Type Secondary Buyout

Target

Oil & Gas Asset Clearinghouse

Addison, Texas, United States
Oil & Gas Asset Clearinghouse LLC is a provider of oil and gas property marketing and advisory services. Conducting numerous live oil and gas hybrid property auctions annually, The Clearinghouse allows its clients to participate through physical attendance or to compete online in real-time. Oil & Gas Asset Clearinghouse is based in Addison, Texas.

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Buyer(S) 1

DESCRIPTION


DEAL STATS #
Overall 1 of 1
Sector: Energy Services and Equipment M&A 1 of 1
Type: Secondary Buyout M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1

Seller(S) 1

SELLER

CenterGate Capital

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2014
PE ASSETS 740M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

CenterGate Capital is a private equity firm focused on improving and growing lower middle market companies. The Firm looks to partner with companies generating $20 to $250 million in revenues. Sectors of interest include business services, industrials, energy services, consumer, and healthcare services. Prospective transaction situations include buyouts, divestitures, recapitalizations, shareholder liquidity needs, and restructurings. CenterGate Capital was founded in 2014 and is based in Austin, Texas.


DEAL STATS #
Overall 1 of 5
Sector: Energy Services and Equipment M&A 1 of 1
Type: Secondary Buyout M&A Deals 1 of 3
State: Texas M&A 1 of 1
Country: United States M&A 1 of 4
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-29 Vision Media Management & Fulfillment

Valencia, California, United States

Vision Media Management & Fulfillment LLC is a provider of marketing and fulfillment services to major entertainment studios and consumer products entities. Vision Media Management & Fulfillment was founded in 1985 and is based in Valencia, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-05 TSC Apparel

Blue Ash, Ohio, United States

TSC Apparel is a national B2B distributor of imprintable apparel products and accessories. TSC stocks and sources thousands of styles of casual shirts, fleeces, headwear, sport shirts, outerwear, and accessories from six warehouses nationwide and three warehouses in China. TSC Apparel was founded in 2000 and is based in Blue Ash, Ohio.

Buy -