Tower Arch Capital Recapitalizes Creedence Energy Services
December 10, 2019
Tower Arch Capital completed a recapitalization of Creedence Energy Services, partnering with founders Kevin, Wyatt and Malachi Black. The transaction will support Creedence’s growth and geographic expansion across the Bakken and Permian basins while providing liquidity and operational support from Tower Arch.
- Buyers
- Tower Arch Capital
- Targets
- Creedence Energy Services, LLC
- Sellers
- Founders (Kevin Black; Wyatt Black; Malachi Black)
- Industry
- Energy
- Location
- North Dakota, United States
- Transaction Type
- Recapitalization
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