Deal

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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FundHitecVision Private Equity V Argentum share 9.5%
Portfolio CompanyAxon Energy Products
Date of Transaction2010-03-10
TransactionAdd-on
Seller
Buyer
Size of Transaction 
Ind. FocusEnergy
GeographyUSA
StageSmall/mid-cap buyout
 

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Ownership

 
9.5%
HitecVision Private Equity V
 
Axon Energy Products
 
 

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