Enservco Corporation Acquires Rapid Hot

ENSERVCO Acquires Adler Hot Oil Service, LLC for $12.5M

October 29, 2018

Energy

ENSERVCO Corporation acquired all outstanding ownership interests of Adler Hot Oil Service, LLC for $12.5 million, with a combination of cash, a seller note, indemnity holdback and an earn-out. The acquisition expands ENSERVCO's frac water heating and hot oiling capabilities and geographic footprint (Bakken, DJ Basin, Green River, Marcellus/Utica) and is expected to be accretive to earnings and improve pro forma debt-to-EBITDA.

Enservco Acquires Buckshot Trucking and Completes Share Exchange With Star Equity Holdings

August 12, 2024

Logistics & Distribution

Enservco Corporation (NYSE American: ENSV) closed its acquisition of Buckshot Trucking LLC for $5.0 million in a mix of cash, common stock, promissory notes and escrowed funds, and executed a share exchange with Star Equity Holdings, Inc. that included a $2.5 million equity exchange and a $1.0 million promissory note. The transactions expand Enservco’s energy logistics capabilities, diversify its services into hot‑shot trucking and freight for the oil & gas sector, and help strengthen the company’s financial position as it seeks to regain NYSE American listing compliance.

Environ Energy Acquires Rapid Power Management

May 7, 2025

Energy

Environ Energy has acquired Rapid Power Management (RPM), a Texas-based energy advisory firm, to expand its capabilities and presence in the ERCOT market. The deal brings RPM founder JD Dodson and his team into Environ and adds RPM’s proprietary Power Factor Correction solution to Environ’s service offering; the acquisition is part of Environ’s buy-and-build strategy backed by private equity partner 424 Capital.

Talos Energy Acquires EnVen Energy Corporation

February 13, 2023

Energy

Talos Energy Inc. completed its previously announced acquisition of EnVen Energy Corporation, adding oil-weighted deepwater Gulf of Mexico assets, operated infrastructure and overlapping acreage to Talos’s portfolio. The deal increases Talos’s scale and free cash flow generation potential and includes board changes tied to EnVen leadership; Talos expects to provide combined-company guidance with its next earnings release.

ENFRA Acquires River Mechanical Services

June 2, 2025

HVAC & Mechanical

ENFRA, a national Energy-as-a-Service (EaaS) provider (formerly Bernhard), has acquired River Mechanical Services, a Philadelphia-area mechanical contractor, to expand ENFRA’s Northeast footprint. River Mechanical will continue operating through ENFRA’s Mechanical Resource Contractors (MRC) subsidiary and will be supported by ENFRA’s national scale and asset management capabilities.

Ormandy Rycroft Engineering Acquires HRS Hevac Ltd and HeatExchangerSpares.com from Exchanger Industries Ltd

January 3, 2023

HVAC & Mechanical

Bradford-based Ormandy Rycroft Engineering, part of Avingtrans PLC, has completed the acquisition of HVAC solutions provider HRS Hevac Ltd and spare-parts supplier HeatExchangerSpares.com from Canadian manufacturer Exchanger Industries Ltd. The deals expand Ormandy's product range and spare-parts capability, allow relocation/integration of Elland staff into Ormandy's Bradford manufacturing site, and strengthen supply-chain control and aftermarket services.