Fleaux Services Has Merged With SCS Technologies

HOUSTON, June 18, 2026 – GulfStar Group (“GulfStar”) is pleased to announce the merger of Fleaux Services of Louisiana, LLC (“Fleaux” or the “Company”) and SCS Technologies, LLC (“SCS”) to form SCS Industrials. GulfStar served as the exclusive financial advisor to Fleaux throughout the transaction, which closed on May 21, 2026.

Founded in 2012, Fleaux is a Shreveport, Louisiana-based provider of gas measurement solutions, data center cooling equipment, instrumentation, automation, and field services serving energy and industrial end markets.  The Company has built a strong reputation for precision, quality, and reliability in energy measurement and field operations.

SCS is a Houston, Texas-based manufacturer of liquid measurement systems and emissions control equipment that serves leading midstream and upstream energy operators across the United States. SCS is recognized for its digitized manufacturing process and proprietary SkidTracker™ platform.

The newly formed SCS Industrials will provide a full suite of design, engineering, manufacturing, distribution, and field services to a diverse set of customers in the energy and industrial end markets. The merger brings together deep engineering expertise and expanded manufacturing capacity to support SCS Industrials’ rapidly growing data center solutions business. Cody Johnson will serve as CEO, and Trey Moore will serve as president. SCS Industrials will be headquartered in Houston, with production facilities in Big Spring, Texas; Shreveport, Louisiana; and Tulsa, Oklahoma, along with seven parts and service hubs across Texas, Louisiana, Oklahoma, and New Mexico.

“I have known Tom and the GulfStar team for many years, and my Partners and I engaged them early to help structure and negotiate this merger for Fleaux,” said John Atkins, one of the initial investors in Fleaux. “Their strategic insight, transaction expertise, and dedication throughout the process were instrumental in achieving a successful outcome. We are extremely pleased with the result and grateful for GulfStar’s partnership and guidance every step of the way.”

“GulfStar has enjoyed a longstanding relationship with the owners and management team of Fleaux Services, and we think very highly of them and the organization they have built,” said Tom Hargrove, co-founder and managing director of GulfStar. “We believe the completion of this merger uniquely positions the company for accelerated growth, and we are excited to see what the new business combination will achieve.”

The GulfStar team was led by Managing Director Tom Hargrove, with support from Managing Director Alex Pette, Associate Billy Conner and Analyst Aaron Clark.

About GulfStar Group
GulfStar is one of the leading middle market investment banking firms in the United States, with a proven track record of delivering exceptional results in mergers and acquisitions, private placements and strategic advisory services. We advise private business owners and corporate clients with revenues ranging from $25 million to $350+ million across a variety of key industry sectors. Founded in 1990, GulfStar has completed more than 760 transactions in 38 states and 18 foreign countries.