IVS News

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The Brock Group

The Brock Group, a Houston-based provider of mission critical services to the refining, petrochemical, power generation and other industries, announced that American Industrial Partners (AIP) has acquired majority ownership of the company. more

Oct 31, 2017 1:12 PM Maintenance & Reliability

Air Liquide has agreed to acquire Pennsylvania-based industrial gas supplier Airgas for $10.3 billion — a deal the French company said would make it the top player in the U.S. industrial gases market. more

Nov 20, 2015 4:05 PM M&A/Investment Banking Articles

Midstream firm Williams Companies on Sunday said it rejected a $48 billion buyout offer from Energy Transfer Equity. Williams said it was exploring strategic alternatives after turning down an unsolic... more

Jun 22, 2015 5:14 PM M&A/Investment Banking Articles

PBF Energy has agreed to acquire the 189,000-barrel-per-day Chalmette Refinery near New Orleans and its related logistics assets for $322 million. The refinery is currently a joint venture between Exx... more

Jun 18, 2015 4:25 PM M&A/Investment Banking Articles

HOUSTON — TNT Crane & Rigging Inc. has acquired Rocky Mountain Structures (RMS) Inc. and its subsidiaries. Terms of the transaction were not disclosed. RMS, headquartered in Denver, is one of the larg... more

Apr 29, 2015 3:37 PM M&A/Investment Banking Articles

NEW ORLEANS — NCSG Crane & Heavy Haul Corporation (NCSG) and its investor group led by TriWest Capital Partners, Alberta Teachers’ Retirement Fund (ATRF) and NCA Partners (NCA) recently announced that... more

Apr 28, 2015 4:13 PM M&A/Investment Banking Articles

BP is reportedly seeking bidders for $2 billion in pipelines and storage terminals in the U.S. Via Bloomberg, BP sent offering materials to potential buyers for four pipelines and a gas plant along th... more

Apr 22, 2015 2:56 PM M&A/Investment Banking Articles

IVS Investment Banking represents a client looking to acquire a leading rotating equipment repair/aftermarket and distribution business. The company should provide aftermarket and re-engineered equipm... more

Apr 14, 2015 3:01 PM

Shell has agreed to buy British oil and gas firm BG Group for nearly $70 billion, the companies announced today. Shell CEO Ben van Beurden said in a statement the deal would bolster the company’s grow... more

Apr 8, 2015 7:14 PM M&A/Investment Banking Articles

GEM Mobile Treatment Services joined Evergreen Industrial Services as a specialty services division Jan. 21. Evergreen — a Gulf Coast-based diversified industrial services provider — will allow GEM to... more

Mar 9, 2015 7:23 PM Supplier News

EnLink Midstream agreed to acquire Coronado Midstream — owner of natural gas gathering and processing facilities in the Permian Basin — for $600 million in cash and stock. Coronado operates three natu... more

Feb 2, 2015 8:45 PM M&A/Investment Banking Articles

Flint Hills Resources on Friday announced it acquired an ethanol plant near Camilla, Ga., from Southwest Georgia Ethanol. The purchase brings Flint Hills’ annual ethanol production capacity to 820 mil... more

Feb 2, 2015 6:24 PM M&A/Investment Banking Articles

- Energy Transfer Partners has agreed to buy Regency Energy Partners for $11 billion in cash and stock. Regency’s vulnerability to the oil and natural gas price plunge necessitated more scale and... more

Jan 26, 2015 10:15 PM M&A/Investment Banking Articles

U.S. Virgin Islands legislators on Friday rejected a plan by PDVSA and Hess Corp. to sell the Hovensa refinery on the island of St. Croix. Via Reuters, the lawmakers nixed the deal out of concern th... more

Dec 22, 2014 4:06 PM M&A/Investment Banking Articles

Halliburton today announced it had agreed to acquire Baker Hughes for approximately $35 billion in cash and stock. Via Reuters, the combined company would be a dominant player in onshore services such... more

Nov 17, 2014 6:59 PM M&A/Investment Banking Articles

PDVSA and Hess Corp. entered a tentative agreement to sell the idled Hovensa refinery to Atlantic Basin Refining. Via Reuters, Atlantic Basin Refining — a company formed specifically to buy, rebuild a... more

Oct 29, 2014 4:23 PM M&A/Investment Banking Articles