Investment Summary

Viking Energy Group Invests In Simson Maxwell

On August 9, 2021, Viking Energy Group invested in machinery company Simson Maxwell

Investment Highlights
  • This is Viking Energy Group’s 1st transaction in the Machinery sector.
  • This is Viking Energy Group’s 1st transaction in Canada.
  • This is Viking Energy Group’s 1st transaction in Alberta.

Investment Summary

Date 2021-08-09
Target Simson Maxwell
Sector Machinery
Investor(s) Viking Energy Group
Deal Type Stake Purchase

Target

Simson Maxwell

Edmonton, Alberta, Canada
website
Simson Maxwell is a manufacturer and supplier of industrial engines, power generation products, services, and custom energy solutions. Simson-Maxwell provides commercial and industrial clients with efficient, flexible, environmentally responsible, and clean-tech energy systems involving a wide variety of products, including CHP (combined heat and power), tier 4 final diesel, and natural gas industrial engines, as well as solar, wind, and energy storage. Simson Maxwell was founded in 1941 and is based in Edmonton, Alberta.

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Investor(S) 1

Investor

Viking Energy Group

Houston, Texas, United States

website


Category Company
Sector Oil/Gas Exploration
Employees9
Revenue 40M USD (2020)
DESCRIPTION

Viking Energy Group is an independent oil and gas exploration & production company focused on the acquisition and development of oil and natural gas properties along the Gulf Coast. Viking Energy Group is based in Houston, Texas.


DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Stake Purchase) 1 of 1
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2021) 1 of 1