Acquisitions in Louisiana in 2016

Abrado Wellbore Services has acquired the specialty downhole tool product lines (including Medusa section milling, Rattler magnets, Mud Viper surface magnets and fishing tool services) from Deltide Energy Services, LLC. The purchase expands Abrado's existing downhole video, cleanout tools and chemical displacement capabilities and enables the company to offer a comprehensive solution for wellbore debris management and P&A work.

Primus Capital has recapitalized S&W Payroll Services, LLC (dba Netchex Online), a provider of a cloud-based HR and payroll SaaS platform. The investment will support Netchex's product expansion and geographic growth, with Primus joining the company's board to help guide its continued growth.