Peakview Partners is pleased to announce that Select Oil Tools (“Select”) has been acquired by Silver Swan Capital. Peakview served as the exclusive M&A advisor to Select in this transaction.
Kyle Detwiler, Founder of Silver Swan Capital, said “It was a delight to work with Peakview to achieve a flexible ownership transition transaction, while also enabling existing management and employees to participate in the next phase of Select’s growth. Peakview served as a solutions-oriented advisor, even investing alongside management and Silver Swan to create a win-win for all transaction participants.”
Select is a specialized industrial services business with exposure to the Oil & Gas, Mining and Geothermal end markets. Select removes detrimental tools, pieces of equipment, and other obstructions from wellbores deep beneath Earth’s surface. Select provides a wide range of specialized equipment and services to quickly overcome wellbore blockages, resume production and resume drilling as quickly as possible. Select has been serving customers in the Western US with reliable, safe and high-quality services and equipment for over 18 years.
Silver Swan Capital is an opportunistic investment firm with over $500 million invested. Silver Swan recently launched a lower middle market, tax-free private equity strategy with Select serving as its marquee transaction in this new strategy. Learn more at www.silverswancapital.com.