Insight
DistributionNow Acquires Flex Flow Business from GR Energy Services
Insight
DistributionNow Acquires Flex Flow Business from GR Energy Services
April 1, 2021
Winston & Strawn LLP represented DistributionNOW Inc. (NYSE: DNOW), one of the largest distributors to energy and industrial markets, in the closing of its acquisition from GR Energy Services, a portfolio company of Pine Brook, of substantially all the assets used in connection with its Flex Flow business, predominantly relating to the rental, sale, and service of surface-mounted and trailer-mounted horizontal pumps, including jet pump systems. Flex Flow is the leading provider of H-pump solutions for fluid movement applications. This transaction significantly expands DistributionNOW’s existing product offering with the addition of its rental product solution, comprising an industry-leading fleet of 240 trailer-mounted horizontal pumping (“H-pump”) units, and will enhance DistributionNOW’s rapid asset deployment, service, and customer contact in the midstream market across the Permian, Scoop-Stack, Haynesville, and Bakken plays and Canada’s Montney region.