# Apache Industrial Services completes sale to Quantum Capital and merger with Skyway Canada

Apache Industrial Services completed a transaction involving its sale to Quantum Capital and a simultaneous merger with Skyway Canada, forming a new organization with approximately $500 million in revenues and over 4,000 skilled craftsmen.

- Type: Acquisition
- Announced: 2019-10-09
- Where: Houston, Texas, United States
- Jobs: 4,000
- Status: completed
- Products: multicraft industrial services
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Quantum Capital Group](https://endata.com/companies/15076.md) (acquirer)
- [Apache Industrial Services](https://endata.com/companies/42618.md) (target)
- [Skyway Canada](https://endata.com/companies/42619.md) (partner)

## Sources

- [ivsinvestmentbanking.com](https://ivsinvestmentbanking.com/apache-industrial-services-completes-quantum-transaction-skyway-merger/), 2019-10-09: "Apache Industrial Services is one of a very short list of companies in its industry that has not only distinguished itself with a strong commitment to its craftsmen and culture but also to building tools that make that culture scalable."

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