Accelerated Companies acquire DynaFlo Artificial Lift Systems and Five Star Equipment
THE WOODLANDS -- Accelerated Companies, a portfolio company of White Deer Energy, has acquired DynaFlo Artificial Lift Systems and Five Star Equipment. DynaFlo and Five Star are Oklahoma-based providers of electric submersible pumps (ESP) and related services to the oil and gas industry.
Founded in 2010, DynaFlo provides ESP products and services from its headquarters in Skiatook, Okla., and from four field locations in Oklahoma, Wyoming and Kansas. Five Star, founded in 2004, is based in Ramona, Okla. Five Star provides ESP products and services throughout the U.S. at the wholesale, retail and OEM level.
Both DynaFlo and Five Star are led by an experienced team of managers and company founders, with a great deal of experience in the ESP business. Both companies offer a complete line of high-quality, field-proven ESP equipment including pumps, motors, cables, surface controls, pump testing and field service capabilities.
ESC Solutions acted as DynaFlo and Five Star’s financial advisor on the transaction.