Operating Company Industrial Services

Zeeco

Tulsa, Oklahoma, United States

Since 1979, Zeeco is the trusted worldwide source for the design and manufacturing of advanced combustion and environmental solutions for refining, petrochemical, production, power, and other industrial industries, including ultra-low emission burners, gas and liquid flaring systems, thermal oxidizers/waste incineration, vapor control, rentals, field services, and aftermarket solutions.

Focus Areas
Burners, Flare systems, Thermal oxidizers / waste incineration
Website
www.zeeco.com

Tracked deals

4

4 tracked deals across 2008-2026.

Recent pace

3

3 tracked deals announced in the last 12 months.

Deal mix

Buyout

4 buyout

Zeeco Acquisition Volume by Year

Last 2 years

Acquisition volume by year Annual acquisition counts for the last 2 years for Zeeco. 1 2025 ~3 est. 2 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Buyer
    Zeeco, Inc.
    Target
    Oil 26 Gas Technologies Pty Ltd
    Location
    Australia
    Type
    Buyout

    Zeeco, Inc. completed the acquisition of Oil 26 Gas Technologies Pty Ltd, an Australia-based vapor control and terminal automation provider for downstream liquid fuels storage and energy applications. The deal expands Zeeco’s footprint and service capabilities across Australia and the broader Asia-Pacific region while Oil 26 continues operating under its established brand.

  • Buyer
    Zeeco, Inc.
    Target
    Applicot Corporation
    Location
    Kanagawa, Japan
    Type
    Buyout

    Zeeco, Inc. completed the acquisition of Japan-based Applicot Corporation on January 13, 2026, bringing the long-time licensee fully into Zeeco’s operations as a wholly owned subsidiary. The deal strengthens Zeeco’s footprint in Japan and expands localized support and capabilities for EPC customers by combining Applicot’s local presence in flare and combustion systems with Zeeco’s global manufacturing and environmental solutions.

  • Buyer
    Zeeco, Inc.
    Target
    Devco Process Heaters
    Seller
    Devco Process Heaters, Jeff Hutsell
    Industry
    Manufacturing
    Type
    Buyout

    Zeeco, a Tulsa-based provider of combustion and environmental solutions, has acquired Devco Process Heaters, a Tulsa-based fired-heater design and manufacturing company; the deal was finalized on December 5, 2025. The acquisition brings Devco's brand, products, technical expertise and employees into Zeeco to expand its midstream oil & gas fired-heater capabilities and to offer more complete, single-source combustion equipment, installation, field service and aftermarket solutions.

  • Buyer
    ECC
    Target
    Callidus Technologies
    Industry
    Manufacturing
    Type
    Buyout

    ECC has completed the acquisition of Callidus Technologies, which will be integrated into ECC's North American Combustion Controls line of business. Callidus — headquartered in Tulsa, Oklahoma with manufacturing and office facilities in Shanghai and Thane — designs and manufactures burners, flares and thermal oxidizers for the oil & gas and petrochemical industries.

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