© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - Cimarron Energy Acquires Diverse Energy Systems Assets
Posted 1st February 2016

Cimarron Energy Acquires Diverse Energy Systems Assets

Cimarron Energy announced that it has closed on the acquisition of substantially all of the assets of Diverse Energy Systems today.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Cimarron Energy Acquires Diverse Energy Systems Assets
Image

Cimarron Energy announced that it has closed on the acquisition of substantially all of the assets of Diverse Energy Systems today.  The integration of the business interests of Cimarron and Diverse and the combination of continuing employees from both organizations are part of Cimarron’s strategic plan to create a single source supplier of production, processing, and environmental equipment and related services for U.S. customers in the upstream and midstream markets, and for select international markets.

John U. Clarke, Chairman of Cimarron Energy and a Partner with the company’s equity sponsor Turnbridge Capital LLC said:

“The combination of Cimarron and Diverse creates a financially strong company with capabilities unlike most in the industry.  It brings together two capable and highly motivated teams with deep experience in engineering and design, manufacturing, and field service.  Together, we can offer customers a broad array of equipment ranging from standard products which are integral to the cost effective production of oil and gas, to highly customized solutions designed to address more complex production and processing applications, environmental compliance and measurement.”

Equipment available includes:

·       Production: gas processing units; treaters; separators; sand traps; storage and bullet tanks;

·       Processing: gas dehydration; gas sweetening systems; scrubbers; water treatment;

·       Measurement/Custody Transfer: LACT units;

·       Vapor Handling: vapor recovery towers; vapor recovery units; enclosed combustors; flares; ignition systems;

·       Artificial Lift: jet pumps; steam flood EOR, water flood;

·       Rental: vapor recovery units; generator sets;

·       The company will maintain a sales and field service presence in all major markets, including: the Marcellus and Utica, Mid-Continent, Permian, Eagle Ford, Rockies and Bakken.

Todd Tomlin, Partner of Turnbridge Capital added:

“We are pleased to be partnered with Cimarron and to provide capital supporting its growth and the realization of its strategic vision.  While industry conditions remain challenging, we believe the acquisition of Diverse is opportunistic and will enhance the integrated company’s position as a sector leader as market conditions recover.”

 

Categories: M&A, Strategy


You Might Also Like
Read Full PostRead - Eye Icon
Cyber Crime Targeting Law & Education
Innovation
02/10/2019Cyber Crime Targeting Law & Education

Cyber crime is proving to be the biggest threat for the majority of businesses in the modern era, with legal firms proving to be the most at-risk, according to CySure CEO Joe Collinwood. So, how can businesses, legal or not, help ensure their cyber security is

Read Full PostRead - Eye Icon
How are Big Businesses Digitising VAT in 2023?
Innovation
26/07/2023How are Big Businesses Digitising VAT in 2023?

With constant progress in automation, large corporations are adapting to digital processes for VAT. By implementing innovative strategies and technological advances, businesses can comply with the latest regulations and requirements.

Read Full PostRead - Eye Icon
Keeping Up With Demands – Is it Time to Outsource Your Delivery Service?
News
08/09/2022Keeping Up With Demands – Is it Time to Outsource Your Delivery Service?

The success of any business depends on a series of factors that converge toward one big goal - customer satisfaction. But, in order to learn what works and doesn’t, managers need to constantly optimize and reassess the current status

Read Full PostRead - Eye Icon
IRIDEOS Acquires Enter
Finance
04/07/2018IRIDEOS Acquires Enter

IRIDEOS Enhances Recent Strategic Acquisitions With Purchase of Leading Italian-Based Network and Cloud Services Provider

Read Full PostRead - Eye Icon
How Long Does a Personal Injury Claim Take to Settle?
Legal
09/11/2023How Long Does a Personal Injury Claim Take to Settle?

In response to one of the most frequently asked questions asked by our clients, Lennons Trainee Solicitor Laxmi Mall explores how long personal injury claims take to settle, and what to expect along the way.

Read Full PostRead - Eye Icon
Acquisition: Zillow (Z) Completes $2.5B Acquisition of Trulia
M&A
27/02/2015Acquisition: Zillow (Z) Completes $2.5B Acquisition of Trulia

Zillow, Inc. today announced it has completed its previously announced acquisition of Trulia, Inc. for $2.5 billion in a stock-for-stock transaction, and formed Zillow Group, Inc. (NASDAQ: Z), which houses a portfolio of the largest and most vibrant U.S. real

Read Full PostRead - Eye Icon
ON Semiconductor Extends Tender Offer to Acquire Fairchild Semiconductor
Finance
19/02/2016ON Semiconductor Extends Tender Offer to Acquire Fairchild Semiconductor

ON Semiconductor Corporation announced that it has extended its previously announced tender offer to purchase all of the outstanding shares of common stock of Fairchild Semiconductor International Inc. for $20.00 per share in cash (the “Offer”) pending the

Read Full PostRead - Eye Icon
Best Clear Aligner Products Developer 2022 – California
News
02/09/2022Best Clear Aligner Products Developer 2022 – California

The creators of clear orthodontic aligners, OrthoFX has created an alternative to traditional braces.

Read Full PostRead - Eye Icon
How the US is Improving Worker Safety in Construction and Related Industries
News
17/06/2024How the US is Improving Worker Safety in Construction and Related Industries

How the US is Improving Worker Safety in Construction and Related Industries Construction and several related industries are among the most hazardous, accounting for nearly 20% of all workplace fatalities in the US, according to OSHA. Ensuring worker safety is



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow