Graco Acquires Fishing & Rental Business of Gravity Oilfield Services

Updated 1 year 8 months ago

Graco Oilfield Services has acquired all fishing, rental tool, and related assets of Gravity Oilfield Services' Fishing & Rental business. This includes 80 employs and bases in Laurel, Mississippi; Midland, Texas; Snyder, Texas; Hobbs, New Mexico; and Odessa, Texas. PPHB Energy Investment Banking advised Gravity on the transaction.