Imperative Chemical Partners acquires Western Chemical to strengthen position in oil & gas chemicals market


In a move that significantly bolsters its presence in the oil & gas production chemicals market, Imperative Chemical Partners, Inc. (“Imperative”) has officially announced its acquisition of Western Chemical, LLC (“Western”). This acquisition aligns with Imperative’s strategic objectives of organic growth and expansion through targeted acquisitions, offering complementary geographic coverage and an enhanced customer portfolio.

Imperative, a leading provider of chemical solutions for the upstream and midstream sectors, continues to focus its operations within the Lower 48 states. The acquisition of Roosevelt, Utah-based Western, known for its strong foothold in the Uinta Basin as well as operations extending across the Rockies and Mid-Continent regions, represents a significant addition to Imperative’s operational scope.

Joe Arnold, the founder of Western Chemical in 2009, expressed his enthusiasm about joining forces with Imperative, highlighting the cultural and strategic alignment between the two companies. “I am excited to join the Imperative team because of their aligned culture and shared focus on customers and employees. I look forward to combining our scale and national presence with regional knowledge to drive new growth opportunities,” Arnold stated.

See also  Accenture acquires Unlimited to enhance AI-powered CRM capabilities

From Imperative’s perspective, Garrett Tucker, the Chief Operating Officer, and Ryan Havens, the Chief Executive Officer, both emphasized the strategic benefits of the acquisition. Tucker mentioned the potential for new growth through the combined geographic and customer footprints, while Havens outlined the company’s integration strategy aimed at quickly and successfully incorporating Western into the Imperative family. “This investment represents another exciting step in our ongoing journey to evaluate, acquire, and integrate accretive organizations that align with our values and strategy,” Havens remarked, also thanking shareholders, capital partners, and lenders for their support.

See also  Coventry Building Society proposes £780m acquisition of Co-operative Bank

Advising the sellers in this transaction was Krummel Ellis Weekley Advisory LLC, marking a significant milestone in the ongoing growth narrative of Imperative Chemical Partners, Inc. Founded in 2019 through the merger of three Midland-based chemical businesses, Imperative has grown to boast over 900 employees and 45 locations across 13 states, solidifying its leadership in the industry.

Western Chemical’s strong foundation in the Uintah Basin and its expanded operations across five states complement Imperative’s mission to serve a broad spectrum of customers in the oil, gas, and water sectors with innovative chemical, acid stimulation, and capillary injection solutions.

See also  Nationwide Building Society to acquire Virgin Money UK PLC for £2.9bn

The acquisition of Western Chemical by Imperative Chemical Partners represents a thoughtful expansion strategy that not only enhances Imperative’s geographic and customer portfolio but also strengthens its competitive position in the oil & gas chemicals market. By leveraging Western’s regional expertise and integrating it with Imperative’s national scale, the combined entity is poised for new growth opportunities and operational efficiencies. This move is a testament to Imperative’s commitment to delivering value to its customers, employees, and stakeholders while navigating the complexities of the industry.

Share This