# IronGate Energy Services merges with Knight Oil Tools to form Knight Energy Services

IronGate Energy Services merged with Knight Oil Tools to form Knight Energy Services, a new full-service rental tool company headquartered in Houston, Texas. The merger is backed by Clearlake Capital Group.

- Type: Acquisition
- Announced: 2018-11-27
- Where: Houston, Texas, United States
- Status: completed
- Products: rental tools, tubular services, manufacturing packages, drilling jars, inspection, hardbanding, safety training
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Knight Energy Services](https://endata.com/companies/35703.md)
- [Clearlake Capital](https://endata.com/companies/5452.md) (investor)
- [IronGate Energy Services](https://endata.com/companies/35701.md) (acquirer)
- [Knight Oil Tools](https://endata.com/companies/35702.md) (target)

## Sources

- [1012industryreport.com](https://www.1012industryreport.com/oil-gas/merger-for-lafayettes-troubled-knight-oil-tools-creates-new-full-service-rental-firm/), 2018-11-27: "By combining the leading provider of rental and tubular services to E&P operators with one of the largest privately held rental tool companies in the oil and gas industry, we have created a full-service rental powerhouse that meets the end-to-end needs of the energy industry."

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