Wright Trucking, Inc. has been acquired by Hastings Equity Partners, LLC
Hastings Equity Partners, LLC, a private equity firm headquartered near Boston, has acquired 80% of Wright Trucking, Inc. from its private shareholders for US$11 million.
Wright Trucking Inc. is an energy services firm that transports and disposes of produced water from oil and gas production activities. The company also rents frac-tanks and operates disposal wells in the Panhandle of Texas.
Oaklins' team in Dallas advised the seller in this transaction, performing a limited buyer search and helping in negotiating the terms of the deal and moving it forward to closing.
Talk to the deal team
Bryan Livingston
Oaklins Capital Alliance
Related deals
Hemink Groep has been acquired by Gimv
Gimv has acquired a majority stake in Hemink, a Dutch specialist in real estate renovation and maintenance. This transaction marks a new chapter for Hemink, as it seeks to expand its position as a national leader in sustainable property services through its new partnership with Gimv.
Learn moreOGD has been sold to Building Beyond Technology Group
Building Beyond Technology Group (BBTG) strengthens its position in the IT sector by welcoming OGD IT-Dienstverlening (OGD) to its platform. With over 1,400 employees, OGD is an established name in the Dutch market as a mission-critical IT service provider for large-scale clients. This addition not only increases BBTG’s scale but also enhances its domain expertise and execution capabilities through close cooperation with the other platform companies.
Learn moreThe Providence Projects has been acquired by UKAT Group
Celebrity-success rehabilitation center, The Providence Projects, has joined The UK Addiction Treatment (UKAT) Group, backed by Sullivan Street Equity Partners.
Learn more