SCF Partners, Inc. completes acquisition of Flowchem, Val-Tex, and Sealweld from Entegris Inc.
Acquiring Company
SCF Partners
Acquired Company
Flowchem
HoustonHoustonHouston
CalgaryEnergyOil And GasVenture CapitalRenewable EnergyManufacturingEnergyOil And GasDescription
SCF Partners, Inc. is pleased to announce the acquisition of the Pipeline and Industrial Materials business (PIM) from Entegris Inc., which includes Flowchem, Val-Tex, and Sealweld. This strategic acquisition brings together highly specialized providers of solutions for midstream infrastructure operations and maintenance, further enhancing SCF's portfolio in the energy sector.
Quick answer
SCF Partners is acquiring Flowchem, Val-Tex and Sealweld, announced March 4, 2024. SCF Partners is based in Houston, Texas, United States.
- How much did SCF Partners pay for Flowchem?
- The deal value was not disclosed.
- What does SCF Partners do?
- SCF Partners, Inc. is a private equity firm founded in 1989, providing equity capital and strategic growth assistance to build and grow leading energy service, equipment, and technology companies globally.
- Where are SCF Partners and Flowchem based?
- SCF Partners is based in Houston, Texas, United States. Flowchem is based in Houston, Texas, United States.
- Who are the decision-makers at SCF Partners?
- Fundz holds 1 contact at SCF Partners. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- DNOW Inc. completes acquisition of Whitco Supply, LLC to enhance capabilities and position in the midstream and E&P markets (March 12, 2024)
- Drilling Tools International Corp. finalizes acquisition of Superior Drilling Products, Inc. to expand product offerings and global presence (March 7, 2024)
- SCF Partners completes acquisition of Flowchem, Val-Tex, and Sealweld, Leading Providers of Specialized Solutions for Midstream Infrastructure Operations and Maintenance (March 4, 2024)
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Frequently asked
Who acquired Flowchem?
Flowchem was acquired by SCF Partners, based in Houston. The deal was reported on March 4, 2024. SCF Partners, Inc. is a private equity firm founded in 1989, providing equity capital and strategic growth assistance to build and grow leading energy service, equipment, and technology companies globally. SCF Partners is privately held and operates in Energy.
When did SCF Partners acquire Flowchem?
SCF Partners's acquisition of Flowchem was reported on March 4, 2024. SCF Partners, Inc. is pleased to announce the acquisition of the Pipeline and Industrial Materials business (PIM) from Entegris Inc., which includes Flowchem, Val-Tex, and Sealweld. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Flowchem do?
Flowchem is a leading supplier of Drag Reducing Agents (DRA) which optimize pipeline flow, increase throughput capacity and maximize overall profitability of pipeline operations. It is privately held, operating in Manufacturing, and is based in Houston.
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