Creedence Energy Services Recapitalizes ProChem Energy Services
March 3, 2021
Creedence Energy Services (a portfolio company of Tower Arch Capital) has recapitalized ProChem Energy Services, making ProChem a wholly owned subsidiary while the Turner family and leadership team remain significant investors. The deal — financed by KeyBank with terms undisclosed — expands Creedence’s geographic footprint and in‑house chemical blending and oilfield service capabilities across major U.S. basins including the Permian, Eagle Ford and SCOOP/STACK.
- Buyers
- Creedence Energy Services, Tower Arch Capital
- Targets
- ProChem Energy Services, Inc.
- Sellers
- Turner family (founder John Turner) and existing ProChem shareholders
- Industry
- Energy
- Location
- Oklahoma, United States
- Transaction Type
- Recapitalization
Explore More
Related Acquisitions
-
Creedence Energy Services Recapitalizes Magna Energy Services
September 13, 2021
Oil & Gas
Creedence Energy Services, a Tower Arch Capital portfolio company, has recapitalized Magna Energy Services, LLC, making Magna a wholly owned subsidiary while Magna CEO Adam Kelly remains an operator and significant investor. The deal (terms undisclosed) is financed by KeyBank and expands Creedence’s production-chemicals footprint in New Mexico (including a new Carlsbad facility), broadening geographic reach and technical capabilities across the Permian and San Juan basins.
-
Tower Arch Capital Recapitalizes Creedence Energy Services
December 10, 2019
Energy
Tower Arch Capital completed a recapitalization of Creedence Energy Services, partnering with founders Kevin, Wyatt and Malachi Black. The transaction will support Creedence’s growth and geographic expansion across the Bakken and Permian basins while providing liquidity and operational support from Tower Arch.
-
Tecum Capital and Genesis Park Invest in Chemistry to Support Breakwater Management Majority Recapitalization
June 9, 2025
Marketing & Advertising
Tecum Capital, alongside Genesis Park, has invested debt and equity capital in Chemistry to support Breakwater Management’s majority recapitalization of the full-service marketing and digital agency. The financing package, which included senior bank financing from S&T Bank, is intended to strengthen Chemistry’s capacity for growth and expand its competitive position across creative, digital, and multicultural marketing services.
-
Energy Capital Partners Acquires Majority Interest in PROENERGY
September 5, 2024
Energy
Energy Capital Partners (ECP) has acquired a majority interest in PROENERGY Holdings, a vertically integrated aeroderivative gas turbine platform with a 2.4 GW fleet of contracted peakers and global turbine services. The transaction (terms not disclosed) transfers control from affiliates of Eos Partners and ACON Investments to ECP, which will support PROENERGY's platform expansion, growth initiatives, and continued operations under existing leadership.
-
Water Engineering (Portfolio Company of Nolan Capital) Acquires Chem Pro Laboratory
September 6, 2022
Environmental Services
Water Engineering, a portfolio company of Nolan Capital, has acquired Chem Pro Laboratory, a family-owned water treatment provider headquartered in Gardena, California. The acquisition adds Chem Pro's water treatment equipment, chemicals, consulting and preventative maintenance capabilities to the WEI platform as part of a broader consolidation and growth strategy across 24 states.
-
Celly H2 Acquires Chemtec New Energies from Chemtec Energy Services
July 30, 2024
Renewable Energy
Celly H2 LLC has acquired Chemtec New Energies (CNE), a renewable-energy focused division of Chemtec Energy Services LLC, to expand its hydrogen fueling and storage infrastructure capabilities. The deal brings CNE's modular refueling and storage expertise into Celly's portfolio to accelerate deployment of modular advanced hydrogen refueling stations (MAHRS) for municipalities, transit authorities, fleets, industrial users and ports.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.