Newpark Resources Announces Sale of Fluids Systems Segment
Vinson and Elkins advised SCF Partners, Inc. in connection with the acquisition of the Newpark Fluids Systems business of Newpark Resources, Inc., a leading global pure-play oil & gas and geothermal fluids solution provider.
Newpark Fluids Systems provides a full range of drilling & completion products and related technical services supported by an innovative digital modeling software suite, global supply chain and infrastructure.
The Vinson and Elkins team was led by partner Mike Marek and associate Matt Fiorillo, with assistance from associates Kelli Westmoreland and Hope Kaady. Special assistance was provided by senior associates Jimmy Chalk and Peter Faour. Other key team members included partner Lucy Jenkins, counsel Zachary Rider and associates David Albano, Robin Wallich and John Brown; associate Garrett Finch and trainee solicitor Honor Soames; partner Lina Dimachkieh, senior associate Curt Wimberly and associate Katie Dillard; partner Sarah Mitchell, senior associate Victoria Bahrami-Negad and associate Leah Powers; partner Shane Tucker and associates Matt Green and Morgan Whittlesey; partner Becky Baker and associates Ashley Plunk and Jordan Peck; counsel Rajesh Patel and senior associate Alexa Chally; counsel Ken Adler and associate Molly Ellisor; partner Matt Dobbins and associates Kelly Rondinelli and Alyssa Sieja; partner Zach Terwilliger, counsels Brian Howard and Elizabeth McIntyre, senior associate Pete Thomas and associates Ami Egerstrom and Alexander Sprenger; and partners Hill Wellford and Kara Kuritz and associate Adam Thomas.
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