Arsenal Capital Partners Announces Acquisition of Kel-Tech
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Founded in 1983, and headquartered in
"Kel-Tech is a leading supplier of solutions to the oil and gas sector, specifically in the growing Permian basin. We look forward to working with
The investment in Kel-Tech follows Arsenal's recent acquisition of
"We are excited to partner with Arsenal as we enter this new stage for our business. It was important for us to team up with a strong partner as the company continues to support the growing needs of our long-standing customer base in the
"The Kel-tech deal builds on Arsenal's exposure to the oil and gas market after our recent acquisition of Flowchem. We see the Permian region as a leading source of growth in U.S. oil production and the company's services will be crucial to support this trend," said
Arsenal's other current investments in the specialty industrial and energy sectors include
PPHB acted as financial advisor and
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