Lee Specialties and Nexus Energy Technologies Merge to Form NXL Technologies

July 30, 2021

Lee Specialties, Inc. and Nexus Energy Technologies, Inc. have merged to create NXL Technologies, a combined manufacturer of wireline and coiled tubing pressure control equipment serving the energy sector. The merger, which follows Voyager Interests’ prior investment in Lee, consolidates manufacturing and service operations across North America and the Middle East to expand global reach, product capabilities and rental/repair services.

Buyers
Voyager Interests
Targets
Lee Specialties, Inc., Nexus Energy Technologies, Inc.
Platforms
Lee Specialties, Inc.
Industry
Manufacturing
Location
Alberta, Canada
Transaction Type
Addon

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