Rubicon Oilfield International continues its expansion with Monday's announced acquistion of oilfield equipment supplier Choice Completion Systems LLC.
Both companies are based in Houston.
Choice was established just last year.
The sale price has not been disclosed by Rubicon, which has reportedly been using private equity funds to make a number of acquisitions over the past year, including oil tools provider Logan International Inc., casing and cementing supplier TopCo Holdings Inc. and oilfield supplier Tercel Oilfield Products
By Mike Shiloh
Copyright May 08, 2017, Mike Shiloh, Texas Energy Report LLC, www.texasenergyreport.com, All rights are reserved