Surface Stac

Company Sale

Wilcox Investment Bankers served as the sell-side M&A Advisor to Surface Stac in the company sale to Basic Energy Services.

Surface Stac Inc., based in Midland, Texas, is a leading provider of surface well control rental equipment (frac stacks) used during oil and gas well stimulation and completion processes. Since inception, the Company rapidly expanded from its original operation in West Texas to North and South Texas markets.

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‍The Challenge

After significant growth, the owners desired to sell the business, however, previously they had attempted to sell the business themselves, but were unsuccessful.

The Solution

The Company engaged us as merger & acquisition sell-side advisor. We created the marketing materials and ran an aggressive marketing process. We identified and solicited interest from a number of credible strategic acquirers and negotiated favorable terms with Basic Energy Services.

We helped the owners realize a very successful company sale, which provided significant liquidity and surpassed their expectations.

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