M&A Deal Summary |
|
|---|---|
| Date | 2015-01-22 |
| Target | Cimarron Acid & Frac |
| Sector | Energy Services and Equipment |
| Buyer(s) | Quintana Energy Services |
| Sellers(s) | Annapurna Capital Management |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 2017 |
| Sector | Energy Services and Equipment |
| Employees | 1,500 |
| Revenue | 484M USD (2019) |
Quintana Energy Services, Inc. provides a wide range of completion, production and drilling services to onshore E&P customers operating in unconventional resource plays and conventional basins throughout the U.S. QES operates via two subsidiaries, Consolidated and DDC. Consolidated provides frac, cementing, acidizing, wireline, water heating, and transfer and CO2 product sales and transportation services. DDC provides directional and horizontal measurement-while-drilling services, downhole navigational and rental tools, and associated support services. Quintana Energy Services was founded in 2017 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Energy Services and Equipment) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 1 |
| State (Oklahoma) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2015) | 1 of 1 |
| Category | Private Equity Firm |
|---|---|
| Founded | 2012 |
| Size | Small |
| Type | Sector Focused |
Annapurna Capital Management is a private investment firm that looks to acquire lower middle-market companies throughout North America. The Firm pursues profitable ($2 to $10 million of EBITDA) companies valued up to $50 million. Preferred sectors of interest include energy services (both onshore and offshore) and transportation. Annapurna was formed in 2012 and is based in Greenwich, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector (Energy Services and Equipment) | 1 of 2 |
| Type (Add-on Acquisition) | 1 of 1 |
| State (Oklahoma) | 1 of 1 |
| Country (United States) | 1 of 2 |
| Year (2015) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-01-01 |
Quintana Energy Services
Houston, Texas, United States Quintana Energy Services, Inc. provides a wide range of completion, production and drilling services to onshore E&P customers operating in unconventional resource plays and conventional basins throughout the U.S. QES operates via two subsidiaries, Consolidated and DDC. Consolidated provides frac, cementing, acidizing, wireline, water heating, and transfer and CO2 product sales and transportation services. DDC provides directional and horizontal measurement-while-drilling services, downhole navigational and rental tools, and associated support services. Quintana Energy Services was founded in 2017 and is based in Houston, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-08-20 |
Quintana Energy Services
Houston, Texas, United States Quintana Energy Services, Inc. provides a wide range of completion, production and drilling services to onshore E&P customers operating in unconventional resource plays and conventional basins throughout the U.S. QES operates via two subsidiaries, Consolidated and DDC. Consolidated provides frac, cementing, acidizing, wireline, water heating, and transfer and CO2 product sales and transportation services. DDC provides directional and horizontal measurement-while-drilling services, downhole navigational and rental tools, and associated support services. Quintana Energy Services was founded in 2017 and is based in Houston, Texas. |
Sell | - |
