Lufkin Industries Acquires US Rod and Patriot Pump

Lufkin Industries Acquires Schlumberger's North American Rod Lift Business

November 2, 2020

Oil & Gas

Lufkin Industries, a portfolio company of KPS Capital Partners, completed the acquisition of Schlumberger’s North American Land Rod Lift Business, including brands such as Don‑Nan, Shores Lift Solutions, KBA Engineering, Platinum Pumpjack Services and RLC Rod Lift Consulting. The deal expands Lufkin’s manufacturing, distribution and technology capabilities in rod lift and artificial‑lift solutions across major North American onshore oil producing regions, including the Permian Basin.

KPS Capital Partners Acquires Lufkin Rod Lift Solutions from Baker Hughes

May 1, 2020

Energy

KPS Capital Partners has signed a definitive agreement to acquire the Lufkin rod lift solutions business from Baker Hughes. The transaction transfers Lufkin’s rod lift assets, brand rights, facilities, IP and personnel to an affiliate of KPS, creating an independent energy equipment platform headquartered in Missouri City, Texas; completion was expected mid‑2020 and is subject to customary conditions.

PumpTech (Pike Street Capital) Acquires Dakota Pump Inc

February 14, 2023

Manufacturing

PumpTech LLC, a Pike Street Capital portfolio company, has acquired Dakota Pump Inc, a Mitchell, South Dakota-based supplier of packaged pump stations and automated controls for the water and wastewater markets. The acquisition expands PumpTech's product portfolio, controls/SCADA capabilities and nationwide distribution reach as part of Pike Street's platform growth strategy.

USA DeBusk Acquires Nitro-Lift

December 5, 2023

Industrial Services

USA DeBusk LLC has acquired Nitro-Lift (Nitro Lift Technologies LLC, Nitro-Lift Fabrication LLC, and Nitro-Chem Solutions LLC), a family-owned provider of nitrogen services, fabrication and chemical sales serving upstream, midstream and downstream oil & gas markets. The deal expands USA DeBusk’s turnkey service offering and geographic footprint, with Nitro-Lift’s operations to be branded as Nitro-Lift, A USA DeBusk Company.

American Equipment Holdings Acquires Patriot Crane & Hoist

August 16, 2022

Industrial Services

American Equipment Holdings, a portfolio company of Rotunda Capital Partners, has acquired Patriot Crane & Hoist, a Suwanee, Georgia-based provider of overhead crane maintenance, repair and overhaul (MRO) field services. The deal expands American Equipment's Eastern U.S. footprint by folding Patriot into its Eastern Crane & Hoist division; Patriot will be managed by owner Gregg Salyer and operate as a division of American Equipment.

Impel Company (Pike Street Capital) Acquires Don Pedro Pump

June 27, 2024

Industrial Services

Impel Company, a Pike Street Capital-backed fluid management platform, acquired Don Pedro Pump, a family-operated provider of pumps, electrical controls, well development and piping systems based in Turlock, California. The add-on expands Impel's presence in Central California and broadens its capabilities serving agricultural, industrial and municipal customers across the western U.S.