Axon Energy Products acquires two companies
Axon Energy Products has closed two acquisitions in the Houston area in recent weeks. Axon has acquired Church Energy Services and Demay International.
With Church Energy Services, Axon has added a product line in blowout preventers which complements the product lines of Drilling Controls Inc. Together the will form Axon Pressure Products Inc. (APP). The acquisition of the assets of the pump manufacturer Demay International adds both a new product line and a modern facility well suited for manufacturing oilfield equipment.
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| Fund | HitecVision V LP Argentum share 10.72% |
| Portfolio Company | Axon Energy Products |
| Date of Transaction | 2010-03-10 |
| Transaction | Add-on |
| Seller | |
| Buyer | |
| Size of Transaction | |
| Ind. Focus | Energy |
| Geography | USA |
| Stage | Small/mid-cap buyout |