Liebman Group & Black Cliffs Partners Acquire Majority Stake in Pine Island Chemical Solutions
January 25, 2021
Liebman Group and family office Black Cliffs Partners acquired a majority interest in Pine Island Chemical Solutions, a Lafayette-based oilfield chemical manufacturer and service provider. The transaction is a recapitalization that leaves existing senior management with a significant minority stake and provides capital to support add-on acquisitions and organic geographic expansion.
- Buyers
- Liebman Group, Black Cliffs Partners
- Targets
- Pine Island Chemical Solutions
- Industry
- Oil & Gas
- Location
- Louisiana, United States
- Transaction Type
- Recapitalization
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