HOUSTON, Texas— November 3, 2022 – Voyager Interests (“Voyager”), a private equity firm specializing in the energy services and equipment sector, today announced its acquisition of Knight Energy Services (“Knight” or the “Company”) from Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”). Knight, headquartered in Houston, Texas, is one of the largest rental tool companies serving the U.S. oil and gas industry. The Company provides a complete range of rental products for drilling, completion, production and decommissioning applications, including drill pipe, tubing, tubular handling equipment, pressure control equipment and drilling jars. Financial terms of the transaction were not disclosed.
“I am thrilled to partner with Voyager to continue building Knight into the preeminent rental tool company in North America. We have the people, the fleet, the footprint and the capabilities to do just that. In partnering with Voyager, we will continue to build Knight organically and through acquisitions and my team could not be more excited,” said Dwight Gross, Chief Executive Officer and President of Knight. “We thank Clearlake for their partnership and support as we conclude this chapter and look forward to our next phase of growth.”
“Knight has been a recognized industry name for more than 50 years, and I have admired the Company and its reputation my entire career. We look forward to contributing however we can to Knight’s growth and success,” stated David Watson, Managing Partner of Voyager.
“We have greatly enjoyed working with Dwight and the entire Knight Energy management team, and would like to thank all of the Company’s employees, customers, and stakeholders for their partnership over the past years. We wish the Company continued success as they embark on this next chapter,” said José E. Feliciano, Co-Founder and Managing Partner of Clearlake.