(Source: Shutterstock.com)
Voyager Interests, a Houston private equity firm specializing in investments in the energy services and equipment sector, has acquired Tulsa, Oklahoma-based Aegion Coating Services (ACS), according to a Jan. 4 press release.
Financial terms for the transaction were not disclosed.
ACS is a global leader in field joint coating services, using robotics to apply protective coatings to internal and external segments of natural gas, crude oil, potable water and saltwater pipelines, Voyager said. ACS’ services are used throughout the Middle East, South America and Asia.
Robert Trainer, partner at Voyager, said ACS has established a track record of “excellence in the industry for more than 40 years. We are thrilled to welcome them into the Voyager family and are confident that, together, we will achieve new heights of success.”
Bryan Kirchmer, president of ACS, said the partnership with Voyager presents an new chapter for ACS, “where we have access to capital and a growth mindset that will enable us to provide an enhanced service proposition to our customers.”
Recommended Reading
DNO to Buy Sval Energi for $450MM, Quadruple North Sea Output
2025-03-07 - Norwegian oil and gas producer DNO ASA will acquire Sval Energi Group AS’ shares from private equity firm HitecVision.
Summit Acquires Moonrise Midstream Assets to Alleviate D-J Constraints
2025-03-10 - A Summit Midstream Corp. (SMC) subsidiary will acquire Moonrise Midstream from Fundare Resources Co. in a cash-and-stock deal valued at $90 million.
Excelerate to Buy LNG, Power Assets from New Fortress for $1.055B
2025-03-27 - Excelerate Energy will buy a New Fortress Energy’s Integrated downstream LNG and power platform in Jamaica in a $1.055 billion cash acquisition.
Nabors SPAC, e2Companies $1B Merger to Take On-Site Powergen Public
2025-02-12 - Nabors Industries’ blank check company will merge with e2Companies at a time when oilfield service companies are increasingly seeking on-site power solutions for E&Ps in the oil patch.
After Big, Oily M&A Year, Upstream E&Ps, Majors May Chase Gas Deals
2025-01-29 - Upstream M&A hit a high of $105 billion in 2024 even as deal values declined in the fourth quarter with just $9.6 billion in announced transactions.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.