High Arctic Energy Services Mergers & Acquisitions

High Arctic Energy Services M&A Summary

High Arctic Energy Services has acquired 2 companies, including 1 in the last 5 years. It has also divested 1 asset.

High Arctic Energy Services’ largest acquisition to date was in 2023, when it acquired Delta Rental Services for $7M. It’s largest disclosed sale occurred in 2022, when it sold High Arctic Energy Services - Well Servicing Business and Associated Rentals Assets to Precision Drilling for $38M. The Company’s most targeted sectors include energy services and equipment (100%).

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity2
    • M&A Sell Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 2

High Arctic Energy Services

High Arctic Energy Services, Inc.

Calgary Place I Suite 2350 330 – 5th Avenue SW,
Calgary, Alberta T2P 0L4
Canada,
(403) 508-7836
www.haes.ca

All (3) Buy (2) Sell (1)
Date Target Value
$mlns
Transaction Type Acquirer Seller SRC
Link
2023-12-28 Delta · Energy Services and Equipment
Red Deer, Alberta · www.deltarentalservices.com

Delta focussed on pressure control equipment and equipment supporting the high-pressure stimulation of oil and gas wells, along with other well site rental equipment. It supports a range of customers including top-tier multi-national and domestic energy producers and their contractors. Delta was formed in 2016 and is based in Red Deer, Alberta.

7 Add-on Acquisition

High Arctic Energy Services

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