Basic Energy Services Mergers and Acquisitions Summary

Energy Services And EquipmentCompany

Basic Energy Services has acquired 18 companies of its own, including 1 in the last 5 years. It has also divested 1 asset.

Basic Energy Services’ largest acquisition to date was in 2011, when it acquired Maverick Group of Companies for $180M. Basic Energy Services has acquired in 5 different US states. The Company’s most targeted sectors include energy services and equipment (67%) and transportation (12%).

Join Mergr and gain access to Basic Energy Services’ M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the energy services and equipment sector.

M&A Summary

  • M&A Total Activity19
    • M&A Buy Activity18
    • M&A Sell Activity1
  • Total Sectors Invested 6
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 3
  • M&A Advisors 2

Basic Energy Services

Basic Energy Services, Inc.

801 Cherry Street, Suite 2100,
Fort Worth, Texas 76102
United States,
(817) 334-4100
www.basices.com

Basic Energy Services is a provider of well-site services for oil and gas exploration and production companies. These services are fundamental to establishing and maintaining the flow of oil and gas from a well throughout its life cycle. Basic Energy Services was formed in 1992 and is based in Fort Worth, Texas.


M&A Summary

Buy vs Sell

Year ≤ '17 '18 '19 '20 '21 '22 T
Buy (0.2/yr) # 17 - - 1 - - 18
vol $555M $94M $649M
Sell (0.2/yr) # - - - - 1 - 1
  19

Most Recent M&A

Company Date Value Type
Agua Libre Midstream LLC 2021-08-17 - Divestiture
Fort Worth, Texas · www.agualibre.com
NexTier Oilfield Solutions, Inc. - Well Support Services 2020-03-09 94M USD Divestiture
, Texas
Pioneer Fishing & Rental Services LLC 2014-09-17 16M USD Divestiture
San Antonio, Texas
Saltwater Disposal of North Dakota LLC 2012-12-20 43M USD Add-on Acquisition
Stanley, North Dakota
Surface Stac, Inc. 2012-06-04 - Add-on Acquisition
Robstown, Texas
Maverick Group of Companies 2011-06-02 180M USD Add-on Acquisition
, United States
Platinum Pressure Services, Inc. 2010-12-16 35M USD Add-on Acquisition
Decatur, Texas · www.platinumpressure.com
Xterra Fishing & Rental Tools Co. 2008-01-30 - Add-on Acquisition
Odessa, Texas
Lackey Construction LLC 2008-01-30 - Add-on Acquisition
Aspermont, Texas
Wildhorse Services, Inc. 2007-06-05 - Add-on Acquisition
Woodward, Oklahoma
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Basic Marine Services, Inc.    - Parker Drilling Offshore USA LLC 2006-12-20 2
Midland, Texas Tulsa, Oklahoma

M&A by Sector

Sector Buy # Value Sell # Value
Energy Services and Equipment 12 (67%) 486M (75%) 1 (100%) -
Transportation 2 (11%) 26M (4%) - -
Business Services 1 (6%) - - -
Distribution 1 (6%) - - -
Environmental 1 (6%) 43M (7%) - -
Oil/Gas Exploration 1 (6%) 94M (14%) - -
Total 18 $649M 1 -

By Geo

State/Country Buy Value Sell Value
United States 18 649M 1 -
  Texas 11 290M 1 -
  Oklahoma 2 16M - -
  North Dakota 1 43M - -
  New Mexico 1 - - -
Total 18 $649M 1 -

Top M&A Advisors

Financial Deals
Morgan Stanley
1
Legal Deals
Weil Gotshal & Manges LLP
1

Deal Values

buy # Total
$100M to $1B 2 $300M
< $100M 8 $349M
TOTAL $649M
Largest Maverick Group of Companies
$180M (2011-06-02)

M&A Connections

Deals
Acquired from
Strategic(s)
11%
2 (11%)
Divested to
Strategic(s)
100%
1 (100%)

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