Cactus Acquires 65% of Baker Hughes' Surface Pressure Control Business
January 2, 2026
Cactus, Inc. completed the acquisition of a 65% controlling interest in Baker Hughes's Surface Pressure Control (SPC) business, forming a joint venture between the two companies. The transaction expands Cactus's product and service capabilities and geographic footprint in oilfield pressure-control equipment and services; Baker Hughes retains a minority interest and the parties will provide formal financial guidance for the business in Q1 2026.
- Buyers
- Cactus, Inc.
- Targets
- Baker Hughes Surface Pressure Control business
- Sellers
- Baker Hughes Company
- Industry
- Oil & Gas
- Location
- Texas, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Scout Surface Solutions Acquires Kinetic Pressure Control Ltd.
May 5, 2025
Oil & Gas
Scout Surface Solutions LLC has acquired Kinetic Pressure Control Ltd. from SCF Partners (SCF Ventures). The deal brings Kinetic’s patented pressure and flow control technologies (including the K-BOS shear and seal device) into Scout’s completions and surface solutions platform to expand technical capabilities and global reach.
-
Baker Hughes Acquires AccessESP
July 27, 2022
Energy
Baker Hughes has agreed to acquire AccessESP, a Houston-based provider of the GoRigless ESP deployment system, to integrate the company's alternative electrical submersible pump (ESP) deployment technology into Baker Hughes' Oilfield Services segment. AccessESP — with approximately 55 employees and facilities in North America and the Middle East — will bring proprietary IP, personnel and commercial agreements to Baker Hughes to reduce costs and downtime for oilfield operators.
-
Stratim Cloud Acquisition Corp. Signs LOI to Acquire Force Pressure Control, LLC
February 14, 2023
Energy
Stratim Cloud Acquisition Corp. (a Nasdaq-listed SPAC) signed a binding letter of intent to acquire 100% of Force Pressure Control, LLC, a Texas-based provider of pressure-control rental tools and services for frac and flowback operations. The proposed consideration includes 12 million SCAC Class A shares, $120 million in cash or notes, and an earnout of up to 3 million additional shares contingent on 2023 EBITDA; the deal is intended to close following definitive agreement and approvals.
-
Bluewave Technology Group Acquires Cactus Technology Solutions
August 27, 2025
IT Services
Bluewave Technology Group, a technology advisory and sourcing firm based in San Clemente, California, has acquired Cactus Technology Solutions, an Abilene, Texas-based IT solutions partner founded by Amy Milam. The acquisition expands Bluewave's footprint across Texas and strengthens its capabilities in cybersecurity, unified communications/contact center (UC/CC), connectivity, and mobility for midsize and enterprise customers.
-
Colorado Barricade Acquires Pavement Surface Control
October 31, 2022
Infrastructure
Colorado Barricade Co., a Caymus Equity-backed road safety services platform, acquired Pavement Surface Control, Inc. (PSC), a Kennewick, Washington-based provider of pavement striping, concrete barrier and traffic control services. The deal — an inaugural add-on for Colorado Barricade since Caymus Equity's 2021 investment — expands the platform's geographic footprint into the Pacific Northwest to capture increased state and federal infrastructure spending.
-
Pressure BioSciences Acquires Uncle Bud's
January 11, 2024
Consumer Products
Pressure BioSciences, Inc. (PBIO) entered into a definitive agreement to acquire natural health and wellness brand Uncle Bud's. The deal will forward-integrate PBIO's UltraShear technology into Uncle Bud's topical, personal care, beverage and pet product lines; Uncle Bud's stockholders will receive preferred PBIO stock and potential earnout shares based on 2024 results.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.