M&A Deal Summary

Well Foam Acquires Faith Rentals

On March 1, 2018, Well Foam acquired energy services and equipment company Faith Rentals

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

M&A Deal Summary
Date 2018-03-01
Target Faith Rentals
Sector Energy Services and Equipment
Buyer(s) Well Foam
Deal Type Add-on Acquisition

Target

Faith Rentals

Bismarck, North Dakota, United States
Faith Rentals LLC is a provider of equipment to Permian-based oil & gas producers to manage the flowback of sand and other sediment during well completion and production.

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Buyer(S) 1

Buyer

Well Foam

Odessa, Texas, United States
Category Company
Founded 2005
Sector Energy Services and Equipment
DESCRIPTION

Well Foam is a diversified oilfield services company, providing recovery enhancement services, including foam & nitrogen injection, downhole fishing, lay down machines, well testing and flow back and pressure control, in the Permian Basin. Well Foam was founded in 2005 and is based in Odessa, Texas.

DEAL STATS #
Overall 1 of 1
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (North Dakota) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1
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