Done deals

Schneider buys MWPowerlab. ERF Wireless acquires Accordant and seeks new OTC/ALS listing. Greenwell buys Exclusive Energy Services. SCF to fund BCCK expansion.

Schneider Electric has acquired real time 3D virtual reality boutique MWPowerlab. The acquisition adds immersive simulation and training capabilities and advanced 3D visualization to Schneider’s industrial software portfolio and enterprise asset performance management platform. The deal cements a long-term collaboration between the companies on simulation, asset management and HMI supervisory solutions.

ERF Wireless is to acquire privately-held Accordant Communications in a $14 million, all-stock deal. Previously, ERF was advised by Dallas-based turnaround specialist Asset Econometrics. The Accordant deal is the ‘first-fruit’ of AEI’s efforts. The ERF board has now directed the company management to obtain a market listing with the OTC Markets Group under the alternative listing standard. Last year, ERF terminated its SEC registration and is no longer required to file financial reports. The ALS listing will allow for replacement financial reporting to shareholders and others.

Greenwell Energy Solutions has acquired Exclusive Energy Services. EES’ data acquisition system mixing plants assure optimal chemical mixing and delivery for coil tubing, work-over and frac jobs. The plants will be combined with Greenwell’s chemical supply portfolio.

BCCK Holding Company and SCF Partners have entered into a strategic partnership whereby SCF will provide growth capital for BCCK’s expansion opportunities. BCCK provides engineering, procurement, fabrication and field construction services to the midstream oil and natural gas processing sector.

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