Brief: Klx Energy Services Acquires The Assets Of Wolfpack Rentals, Llc Increasing Scale Across Four Major U.S. Operating Areas
BRIEF-Klx Energy Services Acquires The Assets Of Wolfpack Rentals, Llc Increasing Scale Across Four Major U.S. Operating Areas June 2 (Reuters) - KLX Energy Services Holdings Inc KLXE.O:
KLX ENERGY SERVICES ACQUIRES THE ASSETS OF WOLFPACK RENTALS, LLC INCREASING SCALE ACROSS FOUR MAJOR U.S. OPERATING AREAS
KLX ENERGY SERVICES - BUYS ASSETS OF WOLFPACK RENTALS FOR $17 MILLION
KLX ENERGY SERVICES - DEAL INCLUDES $14 MILLION AT CLOSING AND TWO $1.5 MILLION DEFERRED PAYMENTS
KLX ENERGY SERVICES - ACQUISITION EXPECTED TO BE IMMEDIATELY ACCRETIVE TO KLX ON ALL FINANCIAL METRICS
KLX ENERGY SERVICES - EXPECTED ANNUAL SYNERGIES FROM DEAL EXCEED $2 MILLION PLUS
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