The Selling Company: Wright Trucking, Inc. is an energy services firm that is involved in transporting and disposing of produced water from oil and gas production activities. The company also rents frac tanks and operates disposal wells in the Panhandle of Texas. Why the company was sold: The majority shareholder was nearing retirement age and...
The Selling Company: M&M Environmental Oil Field Services, LLC Why the company was sold: M&M was growing very rapidly and eventually outgrew its equity. Rather than take on additional debt, the principals decided to partner with a private equity company that could keep up with the financial needs of the company in order to realize...
The Selling Company: Midfield Supply Ltd. is one of the leading suppliers of technologically advanced products to the energy sector in western Canada. Over its 20-year history, it successfully diversified into manufacturing, consulting, and outsourcing services, in addition to consistently growing its core retail business. At the time of the transaction, it operated 55 company-owned...
The Selling Company: Panhandle Oilfield Service Companies, Inc. Why the company was sold: Customers were clamoring for the company to continue to grow and add services. The shareholders wanted to grow the company as well, but did not want to continue to personally guarantee the debt. They felt that, with additional strategic management oversight and...
The Selling Company: Potter Trucking, Inc. Why the company was sold: The majority shareholder was nearing retirement age and wanted to begin the process of selling his company. The buyer saw an opportunity to eliminate a fierce competitor and gain access to their customers. Capital Alliance’s Performance: CA introduced 25 potential buyers in the process,...
The Selling Company: Foster Testing, Inc. is an energy services firm that provides chemical applications to oil and gas wells, as well as removal and disposal of hazardous materials. Why the company was sold: The majority shareholder was nearing retirement age and planning to begin the process of selling his company. He wanted his son...
The Selling Company: Gator Testing Services, LLC Why the company was sold: Divest unneeded assets Capital Alliance’s Performance: Negotiated terms and selling agreements on behalf of seller Terms of the Transaction: Assets acquired for cash The Acquiring Company: Covenant Testing Technologies, LLC
