Hastings Equity Partners buys Cactus Fuel

Hastings Equity Partners said Monday it acquired Cactus Fuel LLC. Financial terms weren’t announced. Midland, Texas-based Cactus Fuel distributes fuel and lubricants to upstream and midstream customers throughout the Permian Basin. PNC Financial Services provided financing. Riveron Consulting and Locke Lord LLP advised Hastings. Gulfstar Group advised the shareholders of Cactus Fuel.

DealsNorth AmericaUSBriefs