Ranger Energy Services Acquires PerfX Wireline Services
July 9, 2021
Ranger Energy Services, Inc. (NYSE: RNGR) completed the acquisition of PerfX Wireline Services on July 8, expanding its Mallard wireline business alongside the recent Patriot Completion Services acquisition. The transactions add significant assets (wireline trucks, pumps, cranes), eight locations and 27 customers, and include a warrant giving Ranger a 30% ownership option in XConnect; Ranger issued shares and assumed certain equipment-related debt as part of the combined deals.
- Buyers
- Ranger Energy Services, Inc.
- Targets
- PerfX Wireline Services
- Sellers
- PerfX sellers (unnamed)
- Industry
- Oil & Gas
- Location
- Texas, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Ranger Energy Services Acquires American Well Services from Argonaut Private Equity
November 10, 2025
Oil & Gas
Ranger Energy Services (NYSE: RNGR) has acquired American Well Services (AWS), a Permian Basin-focused well services provider, from Argonaut Private Equity for approximately $90.5 million in a cash, stock and earn‑out deal. The acquisition increases Ranger’s rig count by roughly 25%, expands its service lines and is expected to be immediately accretive with identified synergies of $4 million.
-
Axis Energy Services Merges with Brigade Energy Services
October 1, 2024
Oil & Gas
Axis Energy Services and Brigade Energy Services have closed a merger to form a combined well-servicing company operating under the Axis Energy Services name and headquartered in Dallas. The combination creates a larger, technology-forward well services provider with expanded workforce and equipment capacity—positioning the company to better serve major U.S. oil and gas basins and accelerate P&A, completion and workover capabilities.
-
Baytex Energy Acquires Ranger Oil Corporation
June 20, 2023
Energy
Baytex Energy Corp. completed the acquisition (the Merger) of Ranger Oil Corporation, materially increasing Baytex's operated footprint in the Eagle Ford and expanding its North American oil-weighted asset base. The transaction enhances Baytex's development inventory and free cash flow profile, enabling increased shareholder returns and the introduction of a dividend.
-
Variperm Acquires RGL Reservoir Management and Pacific Perforating
July 29, 2021
Industrial Services
Calgary-based Variperm Canada Limited, a portfolio company backed by SCF Partners, has acquired RGL Reservoir Management Inc. and its wholly owned subsidiary Pacific Perforating, Inc., combining complementary sand-control and flow-control technologies, manufacturing capacity and service capabilities. The deal expands Variperm's product offering, patented technologies and North American footprint to better support oilfield completion and reservoir management customers.
-
Ranger Energy Services Acquires Patriot Completion Solutions
May 17, 2021
Oil & Gas
Ranger Energy Services, Inc. (NYSE: RNGR) acquired Patriot Completion Solutions LLC (d/b/a Patriot Well Solutions) in an all-stock transaction. The deal expands Ranger's wireline evaluation and intervention capabilities, adding Patriot's 22 wireline units and experienced technical team while Patriot was a portfolio company of White Deer Energy.
-
Petroleum Service Corporation (PSC) Acquires Fryoux Tankerman Service
December 15, 2020
Oil & Gas
Petroleum Service Corporation (PSC), a portfolio company of Aurora Capital Partners, has signed an agreement to acquire certain assets of Fryoux Tankerman Service and will absorb Fryoux's shoreside tankerman operations along the U.S. Gulf Coast. The transaction expands PSC's Gulf Coast footprint and personnel capacity to better serve refineries, terminals and petrochemical customers; Jimmy Fryoux will join PSC's marine operations team as an advisor.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.