---
schema_version: "secwatch.filing_event.v1"
accession: "0001738827-26-000023"
form_type: "8-K"
ticker: "KLXE"
cik: "0001738827"
company_name: "KLX Energy Services Holdings, Inc."
filed_at: "2026-06-02T21:14:16+00:00"
generated_at: "2026-06-02T21:15:34.892017+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# KLX Energy acquires Wolfpack assets for $17M; also exchanges $2.19M notes for equity

## Summary
- Purchase price $17M: $14M cash at closing plus two $1.5M deferred payments (cash or KLX stock).
- Wolfpack 2025 revenue $38.2M, Adjusted EBITDA $5.8M; deal immediately accretive with $2M+ expected annual synergies.
- Acquired ~350 accommodations trailers, 14 proprietary water filtration systems with exclusive IP rights.
- Debt-for-equity exchanges: $2.19M principal of 2030 Notes exchanged for 627,521 shares; ~$252.5M Notes remain outstanding.
- Acquisition funded via capital lease, ABL borrowings, and cash on hand; Stewart Cooper to join KLX for integration.

## SEC filing metadata
- accession: 0001738827-26-000023
- form_type: 8-K
- ticker: KLXE
- cik: 0001738827
- company_name: KLX Energy Services Holdings, Inc.
- filed_at: 2026-06-02T21:14:16+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1738827/000173882726000023/0001738827-26-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1738827/000173882726000023/klxe-20260602.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001738827-26-000023
- JSON: https://secwatch.observer/filing/0001738827-26-000023.json
- Plain text: https://secwatch.observer/filing/0001738827-26-000023.txt

## Source-grounded claims
- claim_id: 98ea4d68a1fbb8f87ad473475e3ca7cfbdd07d23
  claim: KLX Energy Services Holdings, Inc. completed an acquisition involving Wolf Pack Rentals, LLC for $17.0 million (closed 2026-06-02).
  evidence_excerpt: “Buyer”), the Company and, solely for purposes of Section 8.05 thereto, Stevie Cooper and Stewart Cooper (the “Purchase Agreement”). The purchase price for the Acquisition is $17.0 million, subject to customary post-closing adjustments and to be paid as follows: (i) on the Closing Date, the Buyer paid the Seller $14.0 million in cash; (ii) 180 days after the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1738827/000173882726000023/0001738827-26-000023-index.htm
- claim_id: dee73272eb023f1bc7a5637896ba4e081f2c1e4d
  claim: KLX Energy Services Holdings, Inc. entered into Purchase Agreement with Wolf Pack Rentals, LLC valued at $17.0 million (effective 2026-06-02).
  evidence_excerpt: Purchase and Sale Agreement On June 2, 2026 (the “Closing Date”), KLX Energy Services Holdings, Inc., a Delaware corporation (the “Company”), completed the acquisition (the “Acquisition”) of certain assets owned by Wolf Pack Rentals, LLC, a Texas limited liability company (“Wolf Pack” or the “Seller”), pursuant to that certain asset purchase agreement, dated June 2, 2026 , by and among Wolf Pack, KLX Energy Services LLC, a Delaware limited liability company and indirect wholly owned subsidiary of the Company (the “Buyer”), the Company and, solely for purposes of Section 8.05 thereto, Stevie Cooper and Stewart Cooper (the “Purchase Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1738827/000173882726000023/0001738827-26-000023-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
