M&A Deal Summary

SCF Partners Acquires Variperm Energy Services

On February 1, 2014, private equity firm SCF Partners acquired energy services and equipment company Variperm Energy Services

Acquisition Highlights
  • This is SCF Partners’ 12th transaction in the Energy Services and Equipment sector.
  • This is SCF Partners’ 9th transaction in Canada.
  • This is SCF Partners’ 6th transaction in Alberta.
Investment Fate
  • Variperm Energy Services was sold to a publicly-traded strategic buyer in 2023 for 150M USD.

M&A Deal Summary
Date 2014-02-01
Target Variperm Energy Services
Sector Energy Services and Equipment
Buyer(s) SCF Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Variperm Energy Services

Calgary, Alberta, Canada
website
Variperm Energy Services is a sand control products and services company specializing in custom filtration screens, flow control technology, gravel pack services, supply of quality cased hole fishing tools and services, well abandonment solutions, and a full suite of completion and work-over tools. Variperm Energy Services was founded in 1969 and is based in Calgary, Alberta.

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Buyer(S) 1

Buyer

SCF Partners

Houston, Texas, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1989
PE ASSETS 2.0B USD
Size Large
Type Sector Focused
DESCRIPTION

SCF Partners Ltd. is a specialist private equity firm that targets investments in energy service and equipment companies with operations around the world. SCF provides both equity capital and strategic guidance over the life of the investment which typically lasts five years. The Firm's target investment size is $10 to $100 million. SCF looks to grow portfolio companies through internal growth initiatives and through acquisitions. SCF Partners was formed in 1989 and is based in Houston, Texas, with additional offices in Aberdeen, Scotland and Calgary, Alberta.

DEAL STATS #
Overall 29 of 53
Sector (Energy Services and Equipment) 12 of 20
Type (Buyout (LBO, MBO, MBI)) 22 of 26
State (Alberta) 6 of 7
Country (Canada) 9 of 10
Year (2014) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-01 WTS Rentals

Nanton, Alberta, Canada

WTS Rentals is a provider of oilfield rental supply services intended for combined sewage treatment, dual generator, and lighting systems. WTS Rentals is based in Nanton, Alberta.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-10 Beckman Production Services

Kalkaska, Michigan, United States

Beckman Production Services, Inc. is a well servicing company that operates completion and workover rigs, swabbing units, hot oilers, high pressure pump trucks, anchor setting trucks, wireline units, vacuum trucks, crude oil trucks and tankers licensed to haul non-hazardous liquid waste and crude oil.

Sell -
Mergr

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