Imperative Chemical Partners Acquires Western Chemical

Imperative Chemical Partners Acquires Performance Chemical Company

October 7, 2024

Oil & Gas

Imperative Chemical Partners, Inc. acquired Performance Chemical Company, a Midland, Texas-based provider of specialty chemical solutions serving midstream and production operators in the oil & gas industry. The acquisition expands Imperative's midstream service capabilities and geographic reach, while PCC's founders will retire following the transaction; terms were not disclosed.

Imperative Chemical Partners Acquires Refinery Specialties (RSI); Hastings and One Equity Recapitalize Imperative

February 21, 2023

Manufacturing

RSI Holdings LLC, an affiliate of Post Oak Energy Capital, sold Refinery Specialties, Inc. (RSI) to Imperative Chemical Partners LLC in an all-cash transaction. Hastings Equity Partners (with One Equity Partners) recapitalized Imperative and merged RSI into the platform to expand capabilities, geographic reach and accelerate consolidation in the specialty chemicals market.

Imperial Dade Acquires North Alabama Chemical

May 18, 2022

Industrial Services

Imperial Dade has acquired North Alabama Chemical, a Decatur, Alabama-based full-service provider of janitorial supplies and services. The deal, Imperial Dade's 50th acquisition under Robert and Jason Tillis, expands the platform's presence in northern Alabama; financial terms were not disclosed.

Nwestco Acquires Petro West

July 31, 2025

Industrial Services

Nwestco, a Denver-based provider of fuel and car wash equipment and services owned by Guardian Capital Partners, has acquired Petro West, a fuel services and equipment provider serving Utah, Nevada and Arizona. The deal closed July 31, 2025 with terms not disclosed and is intended to expand Nwestco's presence and capabilities in the Intermountain region.

Western Midstream Acquires Meritage Midstream for $885M

September 5, 2023

Energy

Western Midstream Partners, LP agreed to acquire Meritage Midstream Services II, LLC in an all-cash transaction for $885 million to expand its Powder River Basin footprint. The deal adds ~1,500 miles of gathering pipelines, ~380 MMcf/d processing capacity and the Thunder Creek NGL pipeline; closing was expected in Q4 2023 subject to customary approvals.

Berkshire Hathaway Acquires OxyChem from Occidental

January 3, 2026

Manufacturing

Berkshire Hathaway has completed the acquisition of OxyChem from Occidental for $9.7 billion, subject to customary post-closing purchase price adjustments. OxyChem, headquartered in Dallas, Texas, is a major U.S. chemical manufacturer (PVC, chlor-alkali, chlorinated organics, calcium chloride) with operations across the U.S., Canada and Latin America and will remain led by CEO Wade Alleman.