Globe Energy Services, LLC, a Snyder, Texas-based provider of oilfield services, received a private equity investment from Clearlake Capital Group, L.P.
The terms of the transaction were not disclosed.
The company’s management team and other existing stakeholders also participated in the deal.
Founded in 2004 by Troy Botts Jr., President and Chief Executive Officer, Globe Energy Services is a Permian-based oilfield services company which focuses on fluid services, completion systems, artificial lift, well servicing, fishing and rental, production chemicals, water infrastructure solutions and other environmental services. Based in the Permian Basin, the company operates in Texas, New Mexico and Oklahoma.
FinSMEs
18/03/2016