M&A Deal Summary

Venquest Capital Partners Acquires North Basin Coating

On May 1, 2016, private equity firm Venquest Capital Partners acquired business services company North Basin Coating

Acquisition Highlights
  • This is Venquest Capital Partners’ 2nd transaction in the Business Services sector.
  • This is Venquest Capital Partners’ 7th transaction in the United States.
  • This is Venquest Capital Partners’ 4th transaction in Texas.

M&A Deal Summary

Date 2016-05-01
Target North Basin Coating
Sector Business Services
Buyer(s) Venquest Capital Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

North Basin Coating

Levelland, Texas, United States
North Basin Coating is a provider of coating services that applies corrosion‐resistant fusion bonded epoxy and powder coatings on the internal and external surfaces of pipe, pumps, valves, fittings, vessels, and other steel components used in critical oil and gas and water/wastewater functions. North Basin Coating was founded in 1982 and is based in Levelland, Texas.

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Buyer(S) 1

Buyer

Venquest Capital Partners

Dallas, Texas, United States

Category Private Equity Firm
Founded 2000
Size Small
Type Sector Agnostic
DESCRIPTION

Venquest Capital Partners is a private investment firm focused on investing in profitable, privately-held mid-sized companies. Target businesses generally have at least $10 million in revenues and $2.5 million in EBITDA. The Firm will consider a variety of transaction situations, including acquisitions, buyouts, growth capital financings, and recapitalizations. Broad sectors of interest include manufacturing, distribution, and services. Venquest Capital Partners was formed in 2000 and is based in Dallas, Texas.


DEAL STATS #
Overall 7 of 7
Sector: Business Services M&A 2 of 2
Type: Buyout (LBO, MBO, MBI) M&A Deals 5 of 5
State: Texas M&A 4 of 4
Country: United States M&A 7 of 7
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-18 Petroplex

Lovington, New Mexico, United States

Petroplex is a provider of acid stimulation services for energy customers. It also provides proprietary calcium sulfate / paraffin dissolving chemicals such as Petrosol X-25, custom hydrochloric acid blends, anti-sludge systems, and a complete line of other oil field stimulation blends and chemicals. Petroplex was founded in 1981 and is based in Lovington, New Mexico.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-04 Precept Medical Products

Arden, North Carolina, United States

Precept Medical Products, Inc. is a disposable medical products manufacturing company offering solutions to a variety of patient, staff, and environmental problems that plague the healthcare industry. Precept manufactures a complete line of protective apparel consisting of face masks, protective gowns, scrubs, headwear, shoe covers, warm-up jackets, lab coats, coveralls, and surgical drapes and gowns. Precept Medical Products was founded in 1991 and is based in Arden, North Carolina.

Sell -