Federal Steel Supply Acquires Venture Pipe & Supply
October 31, 2024
Westbridge Capital-backed Federal Steel Supply (FSS) has acquired Venture Pipe and Supply, Inc., a six-location oilfield supply operator serving Oklahoma, New Mexico and Ohio. The transaction is an add-on to FSS aimed at expanding its geographic footprint and customer base; Venture's founder Ernie Brooks is preparing to retire and Jeret Higgs will lead the business post-close.
- Targets
- Venture Pipe and Supply, Inc.
- Sellers
- Ernie Brooks
- Platforms
- Federal Steel Supply
- Industry
- Industrial Services
- Location
- United States
- Transaction Type
- Addon
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