Midland, TX (October 30, 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, R K Pump & Supply, with Clavis Capital Partners, Stephens Capital Partners and Bixby Bridge Capital.
Flatland Holdings, Inc. (dba RK Pump & Supply), based in Midland, Texas, is one of the largest distributors of oilfield production supplies (pipe, valves, fittings and other general supplies) in the broader Permian Basin. From the acquisition of its first small store in 2008, RK has grown organically to operate 12 stores, a 90,000 square foot Distribution Center, a 15,200 square foot Automation & Valve Center and several pipe yards.
“We are excited about completing this transaction and working with Clavis and our new investors. Our new partners will enable us to take RK to an even larger and more successful company. This transaction surpassed our goals and expectations - we are very pleased with the result,” said Homer Daniels, President.
Jason N. Wilcox, Managing Director of Wilcox Investment Bankers, led the transaction to a successful close. “I am thrilled for Homer and Cindy and their family. They are first-class people who built a very solid 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
972-691-2080
jason@wilcoxinvestmentbankers.com
