HOUSTON, April 21, 2025/ PRNewswire/– Scout Surface Area Solutions LLC (” Scout”), a leading supplier of conclusions services and devices to the oil and gas market throughout The United States And Canada and the Middle East, is happy to reveal its acquisition of Kinetic Pressure Control Ltd. (” Kinetic”), an SCF Ventures portfolio business concentrating on ingenious pressure and circulation control options. Both business are headquartered in Houston, Texas
This tactical acquisition marks a substantial turning point in Scout’s development trajectory, integrating Kinetic’s disruptive innovation, global market existence, and strong development pipeline with Scout’s substantial functional footprint and top quality service portfolio. Scout and Kinetic will have the ability to provide advanced, trademarked options and systems to its clients for high-value applications such as constant frac, pressure control, pad automation, and control systems.
“ We are pleased to invite Kinetic Pressure Control to the Scout household,” stated Stefan Radwanski, CEO of Scout. “This acquisition boosts our technological abilities and widens our reach, enabling us to much better serve our clients all over the world with a really special, integrated offering throughout drilling and conclusions.”
Kinetic Pressure Control is renowned for its best-in-class innovations, consisting of K-BOS, which is the highest-performing shear and seal gadget in the international well-control market. The business’s continuous advancement of next-generation innovations in pressure and circulation control will now take advantage of Scout’s functional facilities and deep market relationships in crucial international areas. Kinetic has around 100 workers throughout its operations in The United States And Canada, the Middle East, Australia, Asia, South America and Europe
“ Signing Up With Scout Surface area Solutions opens an interesting brand-new chapter for Kinetic,” stated Steven Angstman, CEO of Kinetic Pressure Control. “ Our shared dedication to development and functional quality will open brand-new chances to serve our clients with unequaled ability and worth.”
As a combined company, Scout and Kinetic will have the ability to utilize Kinetic’s innovations and Scout’s experience in drilling, conclusions, and production services to establish special items that will provide best-in-class pressure and circulation efficiency and service– backed by first-rate centers, advanced engineering, and years of combined market experience.
The combined business will utilize 300+ individuals and run 10 service and production centers in the United States and Middle East, consisting of a considerably boosted existence and footprint in Saudi Arabia
Scout was represented by Houlihan Lokey as monetary consultant and Hallett & & Perrin PC as legal counsel. Kinetic was represented by PPHB as monetary consultant and Walker Eisenbraun LLC as legal counsel.
View initial material: https://www.prnewswire.com/news-releases/scout-surface-solutions-llc-acquires-kinetic-pressure-control-ltd-expanding-global-capabilities-and-technology-leadership-in-pressure-and-flow-control-302433824.html
SOURCE Scout Surface Area Solutions
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