Black Bay Energy Capital Mergers and Acquisitions Summary

Private Equity Firm Profile

In the last 3 years, Black Bay Energy Capital has acquired 1 company.

Black Bay Energy Capital’s most common sectors for investment areenergy services and equipment (50%) and chemicals (17%) . The Firm’s most common investment types include growth capital (67%) and secondary buyout (17%). In total, Black Bay Energy Capital has invested in 4 US states.

The Firm’s most common exit type is secondary buyout (100%).

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M&A Summary

  • M&A Total Activity7
    • M&A Buy Activity6
    • M&A Sell Activity1
  • Total Sectors Invested 4
  • Total Countries Invested 1
  • M&A Advisors 2

Black Bay Energy Capital

1100 Poydras Street, Suite 1480,
New Orleans, Louisiana 70163
United States
(504) 227-3020
www.blackbayenergy.com
info@blackbayenergy.com

Black Bay Energy Capital is an energy private equity firm focused on the North American oilfield service sector. Black Bay looks to invest up to $30 million of equity capital in businesses managed by talented entrepreneurs that provide a differentiated product or service to the industry. Black Bay Energy was established in 2016 and is headquartered in New Orleans, Louisiana.


Investment Criteria

Sectors of Interest: Energy Services and Equipment

Target Transaction Types: Buyout (LBO, MBO, MBI), Growth Capital

Geographic Preferences: East US, Midwest US, South US, West US, Canada

Transaction Criteria Min Max
Target Revenue - -
Target EBITDA - -
Investment Size - 30
Enterprise Value - -
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (0.2/yr) # 5 - 1 - - - 6
Sell (0.2/yr) # - 1 - - - - 1
  7

Most Recent M&A

Company Date Value Type
Advanced Industrial Devices, Inc. 2022-05-17 - Secondary Buyout
Tulsa, Oklahoma · www.aidusa.com
Tops LLC 2021-06-08 - Secondary Buyout
Midland, Texas · www.total-operations.com
Tops LLC 2019-08-14 - Growth Capital
Midland, Texas · www.total-operations.com
Clean Chemistry 2018-07-10 - Growth Capital
Boulder, Colorado · www.cleanchemi.com
SCS Technologies LLC 2017-09-25 - Recapitalization
Big Spring, Texas · www.scstechnologiesllc.com
ADS Services 2017-07-19 - Growth Capital
, United States
Downhole Chemical Solutions LLC 2017-04-18 - Growth Capital
Tulsa, Oklahoma · www.downholesolutions.net
View All >>

M&A by Sector

Sector Current # Value All-time # Value
Energy Services and Equipment 2 (40%) - 3 (50%) -
Chemicals 1 (20%) - 1 (17%) -
Electrical Equipment 1 (20%) - 1 (17%) -
Oil/Gas Exploration 1 (20%) - 1 (17%) -
Total 5 - 6 -

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 5 (100%) - 6 (100%) -
  Oklahoma 2 (40%) - 2 (33%) -
  Texas 1 (20%) - 2 (33%) -
  Colorado 1 (20%) - 1 (17%) -
Total 5 - 6 -

Acquisitions by Deal Type

Type Current # Value All-time # Value
Growth Capital 3 (60%) - 4 (67%) -
Recapitalization 1 (20%) - 1 (17%) -
Secondary Buyout 1 (20%) - 1 (17%) -
Total 5 - 6 -

Exits by Deal Type

Type Total # Value
Secondary Sale 1 (100%) -
Total 1 -

Top M&A Advisors

Legal Deals
Fishman Haygood LLP
5
Cooley LLP
1

M&A Connections

Deals
Acquired from
Investor(s)
17%
1 (17%)
Exited to
Investor(s)
100%
1 (100%)

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