Vertice Oil Tools Acquires Completions Assets of Gryphon Oilfield Solutions

Vertice Oil Tools Acquires MorphPackers' Re-frac Assets

November 22, 2022

Oil & Gas

Vertice Oil Tools Inc. acquired substantially all assets of MorphPackers Limited to expand its re-completions and re-frac technology portfolio, adding products such as the MorphAnchor and STORM re-frac packers. The deal strengthens Vertice's ability to serve the growing re-frac market and complements its existing downhole completions product line; Vertice is backed by SCF Ventures (SCF Partners).

Summit Casing Equipment Acquires Gryphon Casing Solutions

August 19, 2021

Manufacturing

Summit Casing Equipment, a Fort Worth-based manufacturer of casing and cementation products, has acquired Gryphon Casing Solutions (a division of Gryphon Oilfield Solutions) in an asset purchase to expand Summit's product offering and U.S. land well construction footprint. The deal adds Gryphon's casing-handling products (including the SUREstart Toe Sleeve) and personnel to Summit and supports Summit's strategy to grow market share in the cementation products segment.

Vertex Resource Group Acquires Cordy Oilfield Services

April 25, 2022

Energy

Vertex Resource Group Ltd. completed the acquisition of Cordy Oilfield Services Inc. through a three-cornered amalgamation in which Cordy shareholders received Vertex shares (0.081818 Vertex Shares per Cordy Share). The transaction issued approximately 18,913,253 Vertex Shares to Cordy shareholders (approximately 17.2% of Vertex post-closing), resulted in Cordy being amalgamated into Vertex Energy Services Ltd. (a Vertex subsidiary), and Cordy Shares are to be delisted from the TSXV.

Gordon Technologies Acquires Vertex Downhole Trading LLC (Vertex UAE)

October 31, 2024

Oil & Gas

Gordon Technologies LLC, an Enersol company, has acquired Vertex Downhole Trading LLC (Vertex UAE), the Eastern Hemisphere business of Vertex Downhole Technologies Inc. The deal expands Gordon's Measurement While Drilling (MWD) footprint across the Middle East and Eastern Hemisphere and transfers IP rights for Winc, Winc+ and Mudlink technologies.

Gryphon Investors Acquires Vessco Holdings from O2 Investment Partners

November 16, 2020

Industrial Services

Gryphon Investors, a San Francisco-based middle-market private equity firm, has acquired Vessco Holdings, a Minneapolis-based value-added distributor and systems integrator for water and wastewater treatment, from O2 Investment Partners. Vessco's management will remain significant owners and the company will pursue organic growth and add-on acquisitions to expand its product offerings and geographic reach.

Voyager Interests Takes Majority Stake in Tejas Completion Services

March 17, 2025

Energy

Voyager Interests, a private equity firm focused on energy services, has made a majority investment in Tejas Completion Services, a Midland, Texas-based specialty pumping and completion services provider. As part of the deal, Voyager will merge its existing portfolio company VooDoo Energy Services into Tejas to support fleet, service-line expansion and growth in the Permian Basin; financial terms were not disclosed.