KLX Energy Services buys Wolfpack Rentals assets for $17 million

Klx Energy Services

Klx Energy Services

KLXE

0.00

  • KLX Energy Services acquired Wolfpack Rentals assets for USD 17 million, expanding its surface rentals footprint across four U.S. operating areas.
  • Consideration includes USD 14 million paid at closing, two USD 1.5 million deferred payments due at six and 12 months.
  • Wolfpack generated 2025 revenue of USD 38.2 million, adjusted EBITDA of USD 5.8 million; KLX expects immediate financial accretion.
  • Expected annual synergies exceed USD 2 million, driven by overlap with two KLX districts, lower corporate costs.
  • Funding to come from a capital lease, ABL borrowings backed by acquired receivables, cash on hand.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. KLX Energy Services Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001738827-26-000023), on June 02, 2026, and is solely responsible for the information contained therein.