One-Page Deal Sheet
Testco Acquired by Greene's Energy Group
Greene's Energy Group Testco Well Services
Announced Date
August 22,2013
Close Date
August 22,2013
Transaction Type
Corporate
Location
Region
North America
Country
United States
State
Texas
Transaction Details: Require Private Equity Subscription
Greene’s Energy Group has acquired Testco Well Services, LLC (Testco), an industry leader in well testing, pressure testing and lab services in the Central, South and West Texas markets.
Testco, headquartered in Laredo, TX, was established in 2008 with a focus in pressure testing and began its well testing business in October 2010. In August 2012, Testco purchased its sister company, the current lab services business. Throughout the past three years, Testco has amassed a talented team and state-of-the-art equipment used in well testing. Its assets include an extensive fleet of trucks and…
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