# Lime Rock Partners and management complete buyout of A&B Valve in Permian Basin

Lime Rock Partners, together with CEO Gideon Hixon and the A&B management team, announced on June 19, 2024 the management buyout of A&B Valve, a Houston-headquartered valve distributor, installer and actuation provider serving the Permian Basin from Midland, Texas and Carlsbad, New Mexico. The purchase price was not disclosed.

- Type: Acquisition
- Announced: 2024-06-19
- Where: Permian Basin, Texas and New Mexico, United States
- Status: announced
- Products: valve distribution, valve installation and repair services, valve actuation solutions
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Lime Rock Partners](https://endata.com/companies/11971.md) (investor)
- [A&B Valve](https://endata.com/companies/11972.md) (target)

## Sources

- [lrpartners.com](https://www.lrpartners.com/lime-rock-partners-announces-management-buyout-of-ab-valve/), 2024-06-19: "Lime Rock Partners ... today announces the management buyout of A&B Valve, the largest valve servicer and provider in the Permian Basin."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.