Kingswood Capital Management Acquires Covenant Testing Technologies
October 24, 2023
Kingswood Capital Management, LP acquired Covenant Testing Technologies, a provider of flowback, production and sand management, and pressure control equipment rentals and related technical services. Covenant is headquartered in Houston, Texas and operates across major North American shale basins. Kingswood Operating Partner James Stewart will become Covenant’s CEO and Chairman, while Doug Scott will join the board.
- Targets
- Covenant Testing Technologies
- Industry
- Industrial Services
- Location
- Texas, United States
- Transaction Type
- Buyout
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