Wilcox Investment Bankers serves as M&A Advisor to Petrosmith

Abilene, TX (February 12, 2018) - Wilcox Investment Bankers, a leading merger & acquisition advisor for privately-held commercial and industrial businesses, is pleased to announce the sale and recapitalization of its client, Petrosmith, with Blue Wolf Capital Partners.

Petrosmith is a premier manufacturer of surface equipment, primarily tanks and vessels, for the oil and gas industry. The Company operates substantial manufacturing capacity (approximately 260,000 covered square feet situated on 76.5 acres) and a new, state-of-art coating facility and a pipe yard with an inventory of 1.65 million feet of used casing and tubing as well as offers a full suite of reclamation and refurbishment processing services (approximately 95,000 covered square feet situated on 120.2 acres).

Mr. Cliff Smith, President, said, “We are extremely pleased to have partnered with Blue Wolf and are eager to collaborate with them. Our new partners have shown a commitment to supporting our employees and providing us with the capital and guidance to execute on our growth plan. We believe that this new partnership will be instrumental in helping our company extend its leading position in the market.”

Jason N. Wilcox, Managing Director of Wilcox Investment Bankers, led the transaction to a successful close. “I am very happy for Cliff and the Petrosmith investors. They are first-class people who built an impressive business. This transaction was a great outcome.”

About Wilcox Investment Bankers

Wilcox Investment Bankers is a boutique specializing in providing merger & acquisition and capital raising advisory services to private, family and founder owned commercial and industrial businesses with revenue of $15-250 million. Our track record spans over 75 transactions with aggregate value in excess of $4.0 billion.

Our simple mission is to achieve excellent outcomes for clients - we love working with great clients and applying our expertise to help them achieve their goals.  We serve as a trusted advisor offering candid advice, senior-level experience, individualized service and complete management of the transaction process.

For more information visit WilcoxInvestmentBankers.com or Selected Transactions or contact:

Jason N. Wilcox
Wilcox Investment Bankers

Managing Director


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