DistributionNOW Acquires Performance Multi‑Flow Solutions from Vault Pressure Control
June 10, 2021
DistributionNOW (DNOW) has acquired Performance Multi‑Flow Solutions, a Midland, Texas‑based rental provider of trailer‑mounted horizontal pumps for saltwater disposal, from Vault Pressure Control, a portfolio company of Pelican Energy Partners. The transaction expands DNOW’s service and rental capabilities in produced‑water/saltwater disposal and strengthens its upstream oilfield services offering.
- Buyers
- DistributionNOW (DNOW)
- Targets
- Performance Multi‑Flow Solutions
- Sellers
- Vault Pressure Control, Pelican Energy Partners
- Industry
- Energy
- Location
- Texas, United States
- Transaction Type
- Divestiture
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