Archer - M&A Summary and Business Overview

Energy Services And EquipmentCompany

Archer M&A Summary

Archer has acquired 5 companies, including 4 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 1 asset.

Archer’s largest acquisition to date was in 2011, when it acquired Great White Energy Services for $630M. It’s largest disclosed sale occurred in 2013, when it sold Archer - Rental and Tubular to IronGate Energy Services for $244M. Archer has acquired in 2 different US states, and 3 countries. The Company’s most targeted sectors include energy services and equipment (60%) and business services (20%).

Archer Business Overview

Where is Archer headquartered?

Archer is headquartered in Sandnes, Norway.

What is Archer’s revenue?

Archer disclosed revenue of 1,169M EUR for 2023 and 970M EUR for 2022.

How many employees does Archer have?

Archer has 4,928 employees.

What sector is Archer in?

Archer is an energy services and equipment company.

When was Archer founded?

Archer was founded in 2007.

M&A Summary

  • M&A Total Activity6
    • M&A Buy Activity5
    • M&A Sell Activity1
  • Total Sectors Invested 3
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 2
  • M&A Advisors 3

Archer

Archer Ltd.

Sandnesveien 358,
Sandnes, 4312
Norway,
+47 5130 8000
www.archerwell.com

Archer is the well company, a global oilfield service company specializing in drilling services and well services. It employs over 7,000 people unified by a single purpose: building better wells to help its customers produce more oil and gas. Archer was founded in 2007 and is based in Sandnes, Norway.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.8/yr) # 1 - - - 1 3 5
vol $630M $52M $682M
Sell (0.0/yr) # 1 - - - - - 1
vol $244M $244M
  6

Most Recent M&A

Company Date Value Type
Wellbore Fishing & Rental Tools LLC 2024-10-30 52M USD Add-on Acquisition
Houma, Louisiana · www.wfrtools.com
Moreld Ocean Wind AS 2024-07-01 - Add-on Acquisition
Stavanger, Norway
Vertical Service AS 2024-03-15 - Add-on Acquisition
Volda, Norway · www.vertikalservice.no
Romar-Abrado 2023-01-10 - Add-on Acquisition
Aberdeenshire, United Kingdom · www.romar-abrado.com
Archer - Rental and Tubular 2013-05-22 244M USD Divestiture
, United States
Great White Energy Services LLC 2011-08-23 630M USD Add-on Acquisition
Oklahoma City, Oklahoma · www.greatwhitepressurecontrol.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Seawell Americas, Inc.    - Gray Wireline Service LLC 2010-12-16 1
Houston, Texas Fort Worth, Texas

M&A by Sector

Sector Buy # Value Sell # Value
Energy Services and Equipment 3 (60%) 630M (92%) 1 (100%) 244M (100%)
Business Services 1 (20%) 52M (8%) - -
Renewable Energy 1 (20%) - - -
Total 5 $682M 1 $244M

By Geo

State/Country Buy Value Sell Value
United States 2 682M 1 244M
  Oklahoma 1 630M - -
  Louisiana 1 52M - -
Norway 2 - - -
United Kingdom 1 - - -
Domestic 2 (40%) - - -
Cross-border 3 (60%) 682M (100%) 1 (100%) 244M (100%)
Total 5 $682M 1 $244M

Top M&A Advisors

Financial Deals
Simmons & Company
1
Credit Suisse Investment Banking
1
Legal Deals
Skadden, Arps, Slate, Meagher & Flom
1

Deal Values

buy # Total
$100M to $1B 1 $630M
< $100M 1 $52M
TOTAL $682M
Largest Great White Energy Services LLC
$630M (2011-08-23)
sell # Total
$100M to $1B 1 $244M
TOTAL $244M
Largest Archer - Rental and Tubular
$244M (2013-05-22)

M&A Connections

Deals
Acquired from
Investor(s)
20%
1 (20%)
Divested to
Strategic(s)
100%
1 (100%)

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