Intervale Expands Portfolio With Oil Field Services Co. Buy

Law360, New York (February 2, 2012, 7:31 PM EST) -- Private equity firm Intervale Capital has fleshed out its portfolio of oil field services companies with the acquisition of Allied Oil & Gas Services LLC, a well cementing and acidizing specialist, the buyer announced Thursday.

Intervale enhanced its presence in the booming shale market and provided Allied with the capital and expertise for further growth as a leading provider of well construction and priming services. The buyout shop did not disclose the terms of the deal, saying only that Wells Fargo & Co. provided the debt...
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