Aurora Capital Partners Acquires Petroleum Service Corporation from SGS
June 24, 2019
Aurora Capital Partners has acquired Petroleum Service Corporation (PSC) from SGS in a transaction reportedly valued at approximately $335 million. PSC is a North American leader in product handling and site logistics for petrochemical, refining, midstream and marine transportation end markets, with 3,500+ employees operating across the U.S. and Canada; Aurora said it will provide capital to accelerate PSC’s growth as part of its Equity Partners V fund.
- Buyers
- Aurora Capital Partners
- Targets
- Petroleum Service Corporation
- Sellers
- SGS
- Industry
- Industrial Services
- Location
- Louisiana, United States
- Transaction Type
- Divestiture
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