Hilco Industrial and Gordon Brothers Group announced they will run a private treaty sale process to sell an extensive fleet of trucking and heavy haul equipment from Butch’s Trucking Inc., one of the nation’s premier oil and gas servicing companies and part of the privately held Butch’s Family of Companies.
Butch’s Trucking has made the strategic decision to exit its heavy haul service as it relates to third party contracting. Hilco Industrial and Gordon Brothers will run a Private Treaty sale process, which begins immediately and is expected to run through November.
“Butch’s is one of the most reputable service companies in this industry and we are excited to offer their exceptionally maintained fleet of late model heavy haul assets to the marketplace, ”stated a representative of the joint venture.
The company’s reputation for servicing large blue chip oil and gas companies is unsurpassed. The combination of heavy haul tractors and the capacity of Butch’s crane fleet make this a unique offering to the Industry”.
The assets for sale include over 100 heavy haul trucks, trailers, cranes, and wheel loaders.
Both Hilco Industrial and Gordon Brothers Group have valued and monetized billions of dollars of oil and gas assets worldwide and were selected by Butch’s Trucking to market and sell the extensive list of assets because of their reputation of industry leadership and expertise with these particular assets.
Butch’s Trucking Inc. trucking and hauling operations began in 2001. Butch’s Trucking is primarily focused on oil and gas rig moving activities. Butch’s currently runs four fleets of trucks and nine cranes that offer safe, fast and reliable rig moving service anywhere in the United States Butch’s Trucking is part of the Butch’s family of companies which was founded in 1989. The original company called Butch’s Rat Hole Service, Inc. was formed in 1980 in Levelland, Texas by L.D. (Butch) Bryant, with a single rat hole truck servicing three drilling companies. Butch’s has grown to become a premier provider to the oil and gas industry. With over 700 employees in five states, Butch’s has operations in many of the most active and fastest-growing regions throughout the United States.
Hilco Industrial provides industrial asset acquisition and disposition services, specializing in machinery, equipment and inventory auctions and negotiated sales. It sells the broad range of industrial assets found in manufacturing, wholesale and distribution companies.
Founded in 1903, Gordon Brothers Group is a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial, and real estate sectors.