M&A Deal Summary |
|
|---|---|
| Date | 2020-11-20 |
| Target | Wellflex Energy Solutions |
| Sector | Energy Services and Equipment |
| Buyer(s) | Petrosmith |
| Deal Type | Add-on Acquisition |
SEARCH BY
Petrosmith is a manufacturer of broad suite of tanks (including oilfield storage tanks and gunbarrel tanks) and vessels (including heater treaters, separators and vapor recovery towers) used by large E&P companies primarily in the Permian Basin, Eagle Ford and Mid-Continent region. The Company also sells a variety of new and used OCTG and provides a wide array of OCTG refurbishment services. Petrosmith also has state-of-the-art blasting and coating facilities that service the Company’s tank, vessel and OCTG divisions. Petrosmith was founded in 1983 and is based in Abilene, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Energy Services and Equipment M&A | 1 of 1 |
| Type: Add-on Acquisition 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 |
