M&A Deal Summary

PSC Group Acquires Fryoux Tankerman Service

On December 15, 2020, PSC Group acquired transportation company Fryoux Tankerman Service

Acquisition Highlights
  • This is PSC Group’s 1st transaction in the Transportation sector.
  • This is PSC Group’s 1st transaction in the United States.
  • This is PSC Group’s 1st transaction in Louisiana.

M&A Deal Summary
Date 2020-12-15
Target Fryoux Tankerman Service
Sector Transportation
Buyer(s) PSC Group
Deal Type Add-on Acquisition

Target

Fryoux Tankerman Service

Norco, Louisiana, United States
Fryoux Tankerman Service is a premier shoreside tankerman company that specializes in safely loading and discharging tank barges. Fryoux Tankerman Service was founded in 1967 and is based in Norco, Louisiana.

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Buyer(S) 1

Buyer

PSC Group

Baton Rouge, Louisiana, United States
Category Company
Founded 1952
Sector Transportation
DESCRIPTION

PSC Group is a provider of product handling and site logistics services for the petrochemical, refining, midstream, and marine transportation end market. PSC Group was founded in 1952 and is based in Baton Rouge, Louisiana.

DEAL STATS #
Overall 1 of 6
Sector (Transportation) 1 of 2
Type (Add-on Acquisition) 1 of 4
State (Louisiana) 1 of 4
Country (United States) 1 of 6
Year (2020) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-21 Prokar

Lake Charles, Louisiana, United States

Prokar is a provider of on-site railcar repair, maintenance, and inspection services for petrochemical and refining companies in Texas and Louisiana. Prokar was founded in 1982 and is based in Lake Charles, Louisiana.

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