ION - M&A Summary and Business Overview

Energy Services And EquipmentCompany

ION M&A Summary

ION has acquired 10 companies. A total of 1 acquisition came from private equity firms. It has also divested 2 assets.

ION’s largest acquisition to date was in 2008, when it acquired ARAM Systems for $266M. ION has acquired in 4 different US states, and 4 countries. The Company’s most targeted sectors include software (40%) and electrical equipment (40%).

ION Business Overview

Where is ION headquartered?

ION is headquartered in Houston, Texas.

What is ION’s revenue?

ION disclosed revenue of 123M USD for 2020 and 175M USD for 2019.

How many employees does ION have?

ION has 360 employees.

What sector is ION in?

ION is an energy services and equipment company.

When was ION founded?

ION was founded in 1968.

M&A Summary

  • M&A Total Activity12
    • M&A Buy Activity10
    • M&A Sell Activity2
  • Total Sectors Invested 3
  • Total Countries Invested 4
  • M&A Buy/Sell Connections 3

ION

ION Geophysical Corp.

2105 Citywest Boulevard Suite 400,
Houston, Texas 77042
United States,
(281) 933-3339
www.iongeo.com

ION is a provider of technology-driven energy equipment solutions to the global oil & gas industry. ION was founded in 1968 and is based in Houston, Texas.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 10 - - - - - 10
vol $269M $269M
Sell (0.2/yr) # 1 - - 1 - - 2
  12

Most Recent M&A

Company Date Value Type
ION Geophysical Corp. - Software Business 2022-09-12 - Divestiture
Houston, Texas
Global Dynamics, Inc. 2016-03-10 - Add-on Acquisition
, Ontario
ION Geophysical - Land Processing Business 2015-08-17 - Divestiture
, United States
OceanGeo BV 2014-01-29 - Stake Purchase
Ramos, Brazil · www.oceangeo.co
OceanGeo BV 2013-02-01 - Stake Purchase
Ramos, Brazil · www.oceangeo.co
ARAM Systems Ltd. 2008-07-11 266M CAD Add-on Acquisition
Calgary, Alberta
Concept Systems Ltd. 2004-02-23 - Add-on Acquisition
Edinburgh, United Kingdom
GX Technology, Inc. 2004-01-01 - Add-on Acquisition
, United States
AXIS Geophysics, Inc. 2002-07-23 3M USD Add-on Acquisition
Denver, Colorado
Pelton Company, Inc. 2000-12-01 - Add-on Acquisition
Ponca City, Oklahoma
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Software 4 (40%) 3M (1%) 1 (50%) -
Electrical Equipment 4 (40%) 266M (99%) - -
Marine 2 (20%) - - -
Information Technology - - 1 (50%) -
Total 10 $269M 2 -

By Geo

State/Country Buy Value Sell Value
United States 5 3M 2 -
  Oklahoma 1 - - -
  Louisiana 1 - - -
  Colorado 1 3M - -
  Texas - - 1 -
Brazil 2 - - -
Canada 2 266M - -
  Ontario 1 - - -
  Alberta 1 266M - -
United Kingdom 1 - - -
Domestic 5 (50%) 3M (1%) 2 (100%) -
Cross-border 5 (50%) 266M (99%) - -
Total 10 $269M 2 -

Deal Values

buy # Total
$100M to $1B 1 $266M
< $100M 1 $3M
TOTAL $269M
Largest ARAM Systems Ltd.
$266M (2008-07-11)

M&A Connections

Deals
Acquired from
Investor(s)
10%
1 (10%)
Divested to
Strategic(s)
100%
2 (100%)

Company Summary

SECTOR

Energy Services and Equipment

Revenue

123   30% 2020
175   3% 2019
180   10% 2018
198   15% 2017
173   23% 2016
222   57% 2015
510   8% 2014
549   5% 2013
526   2012
(millions of USD) Show More Show Less

Employees

360

Established

1968

Public

NYSE: IO

Former Name

Input/Output, Inc.

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