M&A Deal Summary

TransTech Energy Acquires Bendel Tank and Heat Exchanger

On March 4, 2020, TransTech Energy acquired energy services and equipment company Bendel Tank and Heat Exchanger

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

M&A Deal Summary

Date 2020-03-04
Target Bendel Tank and Heat Exchanger
Sector Energy Services and Equipment
Buyer(s) TransTech Energy
Deal Type Add-on Acquisition

Target

Bendel Tank and Heat Exchanger

Charlotte, North Carolina, United States
Bendel Tank and Heat Exchanger is a designer and fabricator of pressure vessels, reactors, heat exchangers and storage vessels for a variety of end markets. Bendel Tank and Heat Exchanger was formed in 1962 and is based in Charlotte, North Carolina.

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Buyer(S) 1

Buyer

TransTech Energy

Rocky Mount, North Carolina, United States

Category Company
Founded 1998
Sector Energy Services and Equipment
DESCRIPTION

TransTech Energy is a energy service contractor providing timely and cost effective solutions for the transfer, storage and distribution of Liquefied Petroleum Gas and Natural Gas Liquids (LPG & NGL). TransTech Energy was founded in 1998 and is based in Rocky Mount, North Carolina.


DEAL STATS #
Overall 1 of 3
Sector: Energy Services and Equipment M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 3
State: North Carolina M&A 1 of 1
Country: United States M&A 1 of 3
Year: 2020 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-29 ESI

Sisters, Oregon, United States

ESI is a technical services provider in the biogas industry. ESI was founded in 2007 and is based in Sisters, Oregon.

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