AcquisitionsJun 2, 2026, 05:17 PM
KLX Energy Services Acquires Wolf Pack Rentals for $17 Million
AI Summary
KLX Energy Services Holdings, Inc. announced the completion of its acquisition of substantially all assets of Wolf Pack Rentals, LLC for a total consideration of $17 million. The purchase price includes $14 million paid at closing and two deferred payments of $1.5 million each, payable in cash or KLX common stock at the company's discretion. Wolfpack generated $38.2 million in revenue and $5.8 million in Adjusted EBITDA in 2025, with KLX anticipating over $2 million in annual synergies. Additionally, KLX reported completing debt for equity exchanges totaling $2.19 million in principal amount.
Key Highlights
- KLX Energy Services acquired Wolf Pack Rentals for $17 million.
- The acquisition includes $14 million paid at closing and two $1.5 million deferred payments.
- Deferred payments can be made in cash or KLX common stock at KLX's discretion.
- Wolfpack reported $38.2 million in 2025 revenue and $5.8 million in Adjusted EBITDA.
- KLX expects over $2 million in annual synergies from the acquisition.
- The acquisition adds approximately 350 accommodations trailers and command centers.
- KLX also completed debt for equity exchanges totaling $2.19 million in principal amount.
Price Impact
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