ChampionX Acquires Artificial Lift Performance Limited

SLB Acquires ChampionX in an All-Stock Transaction

April 2, 2024

Energy

SLB (NYSE: SLB) has completed its previously announced all-stock acquisition of ChampionX Corporation. Under the terms of the agreement, ChampionX shareholders received 0.735 shares of SLB common stock for each ChampionX share, with former ChampionX shareholders owning ~9% of SLB’s outstanding shares post-closing.

LongRange Capital Acquires US Synthetic from ChampionX

February 25, 2025

Industrial Services

LongRange Capital entered into a definitive agreement to acquire US Synthetic Corporation from ChampionX Corporation. The deal was subject to closing conditions and the prior ChampionX–Schlumberger transaction, and LongRange later completed the acquisition.

ChampionX to Acquire RMSpumptools (James Fisher Subsea Connector Business) for About $110 Million

March 25, 2024

Oil & Gas

ChampionX plans to acquire RMSpumptools Limited, a business unit within James Fisher and Sons plc’s energy division, for a net purchase price of approximately £86 million (about $110 million). The acquisition is intended to integrate RMSpumptools’ engineered mechanical and electrical connector technologies into ChampionX’s Production and Automation Technologies portfolio and expand its presence in international oilfield markets.

Alkhorayef Petroleum Company Acquires GRC Technologies

October 3, 2025

Energy

Saudi Arabia-headquartered Alkhorayef Petroleum Company (APC) has acquired Houston-based GRC Technologies, a supplier of precision downhole gauges and well instrumentation. The deal adds ESP sensors and digital intelligence capabilities to APC’s artificial lift product suite, strengthening its end-to-end ESP solutions and accelerating integration of data-driven and AI-enabled optimisation.

DXP Enterprises Acquires Alliance Pump & Mechanical Service

November 1, 2023

Industrial Services

DXP Enterprises, Inc. (NASDAQ: DXPE) has completed the acquisition of Alliance Pump & Mechanical Service, Inc., a municipal and industrial pump sales, service, and repair company based in Independence, Missouri. The transaction, funded with cash on DXP's balance sheet, expands DXP's North Central regional footprint and enhances its pump repair capabilities and end-market mix.

Altamont Capital Partners Acquires Bishop Lifting Products from SBP Holdings

March 22, 2022

Industrial Services

Altamont Capital Partners completed the acquisition of Houston-based Bishop Lifting Products, Inc. (BLP) from SBP Holdings, acquiring the entire business and retaining BLP management. Stellus Capital Management provided unitranche senior debt financing and an equity co-investment to support Altamont's purchase; Altamont plans to grow BLP as a platform through expanded customers, end markets, capabilities and strategic add-on acquisitions.