Value-Added Distribution & Industrial Services
Oil and Gas Services
Atchafalaya Measurement, based in Scott, LA, is a multi-basin Oil & Gas Services company providing customized measurement systems to onshore and offshore drilling operations in many of the fastest growing drilling regions in the United States. AMI has exhibited substantial growth, as its management team has strategically targeted high-growth regions of drilling activity and developed a reputation as a premier service provider in its industry. The transaction provides the management team with a value-added partner committed to continued expansion and growth within the Oil & Gas Services sector.
Management of this closely held business partnered with KLH Capital to complete a buyout of the inactive shareholders and gain access to new capital to support the company’s rapid growth and pursue selected acquisitions.
During KLH’s investment, AMI completed one add-on acquisition to expand the company’s reach into New Mexico. KLH also helped AMI recruit a new CFO and controller, as well as supported the implementation of all new MIS systems for the business, including in-field ticketing and Netsuite accounting systems.