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Enservco acquires Buckshot Trucking for $5M in cash and stock, entering the logistics business.
Enservco Corporation announces the acquisition of Buckshot Trucking LLC for $5M, consisting of $3.75M in cash and $1.25M in ENSV stock, to enter the logistics business.
The deal is expected to be accretive and completed before the end of Q2.
Buckshot's founders and team will remain, providing growth and diversification for Enservco, a national provider of well-site services to the oil and gas industry.
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Enservco adquiere Buckshot Trucking por 5 millones de dólares en efectivo y acciones, ingresando al negocio de logística.