Tenex Capital has acquired Odessa, TX-based Rush Sales and its affiliated companies. Rush provides fluid heating, pumping and transportation equipment for the oil and gas industry, including hot oil units, vacuum trucks, winch trucks and frac water heaters. The company has experienced significant growth with the expansion of shale oil and gas in North America. New York-based Tenex is utilizing a $452 million private equity fund to make control equity investments in middle-market companies experiencing significant change in their markets, operations or capital structure.
