SPATCO completes MSCS acquisition

Expands company footprint in Texas

SPATCO Energy Solutions, a provider of turnkey solutions for fueling stations and EV-charging infrastructure, completed the acquisition of MSCS Ltd., a Dallas-based petroleum services company providing construction, installation and maintenance services.

Headquartered in Charlotte, NC, SPATCO has 26 additional office locations with service and support across the United States. The acquisition expands the company’s geographic footprint into Texas after its January 2023 acquisitions of McKinney Petroleum Equipment and Petro Supply. The combined entity now has over 820 employees across 30 offices in 15 states.

For the past 26 years, MSCS has provided construction and petroleum equipment repair services throughout Texas. MSCS’ services include repair, maintenance and installation of multiple brands of equipment used today, as well as general contracting with extensive experience in field service station construction, fuel system installation, tank removal and tank testing. MSCS is well-positioned in Texas — with operations in Dallas, Fort Worth, San Antonio and Houston — providing a launchpad for SPATCO’s expansion into the state.

MSCS CEO Mark Spenrath will join SPATCO’s leadership team and continue to lead and grow the Texas market.

SPATCO Energy Solutions continues expansion in Texas with the acquisition of MSCS Ltd. (Image: MSCS)

“The team at SPATCO is excited to welcome Mark and the entire MSCS team as we begin the next chapter of the platform’s story,” said SPATCO CEO John Force. “With this partnership comes the opportunity for entry into the highly active Texas market, as well as potential for future EV innovation as the state continues to invest significantly in its infrastructure. Additionally, as we’ve grown, our customer base has continued to evolve with blue-chip national and super regional chains — the very same set of customers with which MCSC is proud to do business. These tenets make for what I am confident will be a successful partnership for all involved — especially our customers and key vendor partners.”

Investments such as these accelerate SPATCO’s long-term strategy focused on growth both organically and through additional acquisitions. Kian Capital is SPATCO’s lead investor along with co-investors RF Investment Partners, Apogem Capital and New Canaan Funding. Robinson, Bradshaw & Hinson, P.A. acted as Kian’s legal advisor, and financing for the transaction was provided by Byline Bank.

Delivered directly to your inbox, CompressorTech² News features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Latest News
Hydrogen import facility planned
GES, Provaris eyeing Port of Rotterdam