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
Top Systems teams up with Holland Capital to create the premier Dutch battery-based solutions provider
Holland Capital, a Netherlands-based private equity firm, has acquired a stake in Top Systems, a leading provider of complete battery-based power solutions, with a unique value-added services proposition.
Learn moreSoler & Palau Ventilation has acquired subsidiaries of United Enertech Holdings
Soler & Palau Ventilation, Inc. (S&P) has acquired subsidiaries of United Enertech Holdings, LLC. (UEH). The subsidiaries included Air Conditioning Products, LLC; Air Performance, LLC; Metal Form Manufacturing, LLC; and United Enertech Corp.
Learn moreInfotreasury has been sold to Matera
Matera, a leading banking software company with world-class instant payments and core banking solutions, has acquired Infotreasury.
Learn more