BP Energy Partners Invests in Onboard Dynamics
October 5, 2021
BP Energy Partners (BPEP) has signed an equity investment agreement with Onboard Dynamics to provide growth capital to scale the company’s products and service offerings, including its GoVAC Flex pipeline evacuation system. Onboard Dynamics, headquartered in Bend, Oregon, manufactures and leases mobile compression and evacuation equipment for utilities, local distribution companies, and pipeline operators; the transaction was expected to close in October 2021.
- Buyers
- BP Energy Partners, LLC
- Targets
- Onboard Dynamics, Inc.
- Industry
- Energy
- Location
- Oregon, United States
- Transaction Type
- Growth capital
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