M&A Deal Summary

Nesma & Partners Acquires Kent

On January 31, 2024, Nesma & Partners acquired energy services and equipment company Kent from Blue Water Energy

Acquisition Highlights
  • This is Nesma & Partners’ 1st transaction in the Energy Services and Equipment sector.
  • This is Nesma & Partners’ 1st transaction in United Arab Emirates.

M&A Deal Summary

Date 2024-01-31
Target Kent
Sector Energy Services and Equipment
Buyer(s) Nesma & Partners
Sellers(s) Blue Water Energy
Deal Type Add-on Acquisition

Target

Kent

Dubai, United Arab Emirates
website
Kent is a diversified electrical services provider with core capabilities that include the provision of multidiscipline engineering, procurement, construction, commissioning, and maintenance services across a range of energy and industrial facilities in key growth regions around the world. Kent was founded in 1994 and is based in Dubai, United Arab Emirates.

Search 193,092 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Nesma & Partners

Al Khobar, Saudi Arabia

website


Category Company
Founded 1981
Sector Construction
DESCRIPTION

Nesma & Partners is a contracting company. It delivers reliable and innovative solutions to some of the energy, construction, and infrastructure challenges. Nesma & Partners was founded in 1981 and is based in Al Khobar, Saudi Arabia.


DEAL STATS #
Overall 1 of 1
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (United Arab Emirates) 1 of 1
Year (2024) 1 of 1

Seller(S) 1

DESCRIPTION

Blue Water Energy is a private equity firm focused on building energy companies. Blue Water looks to invest up to $150 million per project with a focus on production, upstream equipment and services, and midstream/downstream equipment and services. Blue Water typically invests in partnership with experienced management teams that have a track record of value creation. Blue Water Energy was formed in 2011 and is based in London.


DEAL STATS #
Overall 8 of 8
Sector (Energy Services and Equipment) 5 of 5
Type (Add-on Acquisition) 6 of 6
Country (United Arab Emirates) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-07 Techouse

Sandnes, Norway

Techouse is an offshore oil & gas industry. Techouse design, engineer and manufacture complete customized process packages, insuring optimized design in terms of weight, footprint and energy savings with a priority focus on HSE. Techouse was founded in 2002 and is based in Sandnes, Norway.

Sell -