One-Page Deal Sheet
PE-Backed Park Energy Services Acquires Great Texas Compression
Park Energy Services LLC Great Texas Compression LLC
Announced Date
May 23,2022
Close Date
May 23,2022
Transaction Type
Corporate
Transaction Details: Require Private Equity Subscription
Park Energy Services LLC has acquired substantially all the assets Great Texas Compression LLC, who provides service to operators in the South Texas region (Eagle Ford, Austin Chalk).
Park Energy Services is backed by Rock Hill Capital.
The transaction further enhances Park’s strategic position in South Texas and provides additional service density throughout Park’s existing operating footprint in the region. The deal bolsters Park's assets portfolio for compression for well head, gas-lift, vapor recovery, flash gas and other production applications.
Debt financing for the transaction was…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| May-18-2022 |
-  |
- |
Click here | Louisiana | Service |
| Aug-05-2021 |
- |
- |
Click here | Service | |
| Jul-18-2016 |
- |
- |
Click here | Texas | Service |
| Apr-04-2016 |
- |
- |
Click here | Texas | Service |