Panhandle Oilfield Service has sold an 80% stake to Akoya Capital Partners, LLC
The private shareholders of Panhandle Oilfield Service Companies, Inc. have sold 80% of the company to Akoya Capital Partners, LLC for US$24.3 million.
Panhandle Oilfield Service Companies, Inc. is active in oilfield equipment sales and service, especially pumping units, as well as oilfield construction services such as pumper service and roustabout work. Additional competencies are trucking and transportation, tubular sales and services, and safety related services.
Akoya Capital Partners, LLC is a private equity investor, primarily in North America.
Oaklins' team in Dallas advised Panhandle Oilfield Service Companies, Inc. on the sale of a majority stake in the company. Over sixty potential buyers signed confidentiality agreements and received briefings on the company.
Talk to the deal team
Bryan Livingston
Oaklins Capital Alliance
Related deals
Sun European Partners has secured financing to support its acquisition of B&H Worldwide
Sun European Partners has raised debt facilities to support its acquisition of B&H Worldwide.
Learn moreParcom has sold Krifon to Varro
Krifon AS, a leading Nordic B2B distributor specializing in home and garden products, has been acquired by Varro. The transaction marks a new chapter for the company as it continues to strengthen its position as a trusted category partner to leading DIY chains, garden centers and furniture retailers in Norway.
Learn moreEbidco has finalized a voluntary public tender offer for the shares of Eles Semiconductor Equipment
Ebidco S.r.l. has completed a voluntary public tender offer for the shares of Eles Semiconductor Equipment S.p.A.
Learn more