DistributionNOW Acquires Performance Multi‑Flow Solutions from Vault Pressure Control

June 10, 2021

DistributionNOW (DNOW) has acquired Performance Multi‑Flow Solutions, a Midland, Texas‑based rental provider of trailer‑mounted horizontal pumps for saltwater disposal, from Vault Pressure Control, a portfolio company of Pelican Energy Partners. The transaction expands DNOW’s service and rental capabilities in produced‑water/saltwater disposal and strengthens its upstream oilfield services offering.

Buyers
DistributionNOW (DNOW)
Targets
Performance Multi‑Flow Solutions
Sellers
Vault Pressure Control, Pelican Energy Partners
Industry
Energy
Location
Texas, United States
Transaction Type
Divestiture

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