Park Energy Services Acquires Great Texas Compression
May 20, 2022
Park Energy Services, a portfolio company of Rock Hill Capital, has acquired substantially all the assets of San Antonio-based Great Texas Compression. The add-on acquisition expands Park's service density and customer base in South Texas, enhances its compression and vapor-recovery capabilities, and was financed through an expanded senior credit facility led by Regions Bank, UMB Bank, Century Bank and Third Coast Bank SSB.
- Buyers
- Park Energy Services, LLC, Rock Hill Capital
- Targets
- Great Texas Compression, LLC
- Platforms
- Park Energy Services, LLC
- Industry
- Energy
- Location
- Texas, United States
- Transaction Type
- Addon
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