ADS Services Acquires PowerChokes Business Unit from Expro
November 17, 2020
ADS Services, a Black Bay Energy Capital portfolio company, has acquired the PowerChokes business unit from Expro Americas LLC. The deal expands ADS' geographic footprint, technology portfolio and asset base, enhancing its managed pressure drilling (MPD) and pressure-control offerings for onshore, offshore and international drilling markets.
- Buyers
- ADS Services, LLC, Black Bay Energy Capital
- Targets
- PowerChokes (business unit)
- Sellers
- Expro Americas LLC
- Platforms
- ADS Services, LLC
- Industry
- Energy
- Location
- Texas, United States
- Transaction Type
- Addon
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