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To grow its footprint in the hydro excavation market, Vac-One acquired Cyclone Services, Weatherford, TX. Cyclone is a leading hydro excavation company dedicated to providing expert service to the industrial sector with a heavy focus on the oil and gas industry.
“We are delighted to welcome the Cyclone team to our Vac-One family of hydro excavation businesses. Cyclone has built a sterling reputation for safe and reliable service throughout New Mexico, Oklahoma and West Texas. Cyclone expands our physical presence as well as adding a number of blue-chip customers to our company. We look forward to supporting co-founders Matt Davis and Mike Spindler and the entire Cyclone team continue to grow,” Andrew Osler, Manager Director, Oaktree Capital Management, L.P., said.
Vac-One Services, LLC was established by the Oaktree/GFI Energy Group in 2014 as a platform to make investments in the hydro excavation services industry. Through its Texas ReExcavation LLC (T-Rex) and Cyclone Services LLC subsidiaries, Vac-One provides hydro excavation services in Texas, New Mexico, Louisiana, Colorado, and Oklahoma.
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