One of the leading drilling and hydraulic fracturing service providers in the Marcellus Shale in Pennsylvania, West Virginia and Ohio, Keane & Sons Drilling Co. had grown to the point where the company’s major shareholders wished to diversify their holdings. On behalf of Keane, Capital Alliance interacted with approximately 25 potential buyers before a deal...
Since 2002 when the company was formed, Progressive Solutions, LLC, had grown significantly. By 2011 the major shareholders knew that the company needed a larger, strategic partner to continue increasing its sales and profitability. Progressive Solutions had become a leader in herbicide-related vegetation management services, treating some 220,000 acres annually in 23 states. In addition,...
Red Man Pipe and Supply Co. of Tulsa, Oklahoma has acquired majority ownership in Midfield Supply Ltd. of Brooks, Alberta, Canada. Midfield Supply Ltd. is one of the leading suppliers to the energy industry in Western Canada. Midfield supplies a broad range of technologically advanced products, manufactures process equipment, offers installation, reconditioning, and consulting services,...
ARLINGTON, VA (Mar. 30, 2005) (BUSINESS WIRE) – The AES Corporation (NYSE: AES) today announced it completed the acquisition of SeaWest Holdings, Inc., a leading wind generation operator and developer, for approximately $60 million. “The purchase of SeaWest strengthens AES’s goal to be a leading global provider of wind energy,” said Robert Hemphill, AES Executive...
