(Lafayette, LA) — Gandy Trading, LLC announced the acquisition of the Gas Distribution Division of Cimarron Underground Services, LLC (“Cimarron” or “the Company”). The Cimarron Gas Division, based in Louisiana, with locations in Baton Rouge and New Orleans, provides gas distribution construction and directional drill services to the utility industries. Gandy has partnered with some of the Company’s existing senior management team to position the Company for growth going forward. Terms of the transaction were not disclosed. BlackRose Group represented the seller, Cimarron.
“This is a ‘win-win’ for the Seller and Buyer, and we were pleased to assist in the transaction,” said Ken Miller, President of the BackRose Group. “This sets the stage for future growth for the Seller and the Buyer in their chosen paths of business.”
About Cimarron Underground Services, LLC
Based in Overland Park, KS, the Company is a privately-owned and operated oilfield service company. The Company has provided the energy industry with quality products and superior technical expertise for several years. The Company has a variety of customers in the mid-stream arena and is active in the Gulf Coast, Texas, and New Mexico regions.
About Gandy Trading, LLC
Gandy Trading, LLC is a closely held construction business headquartered in Topeka, KS, with a focus on the energy and transportation sectors. Gandy is pursuing growth in both sectors in the Gulf Coast and Midwest regions.
About BlackRose Group
The BlackRose Group leverages its extensive buy-side network to market companies in strict confidence to qualified buyers. They execute such sell-side campaigns anonymously to identify interested buyers with committed capital. The BlackRose Group is headquartered in Lafayette, LA, with offices in Memphis, Raleigh-Durham, Philadelphia and Dallas.
For more information go to blackrosegrp.com.
