Noralis - Ownership and Business Overview

Energy Services And EquipmentCompany

Noralis Ownership

Who owns Noralis?

Noralis is owned by Pelican Energy Partners. It was acquired on July 31, 2020.

Is Noralis PE-backed?

Yes. Noralis is owned by private equity investor Pelican Energy Partners.

Noralis Business Overview

Where is Noralis headquartered?

Noralis is headquartered in Austin, Texas.

What sector is Noralis in?

Noralis is an energy services and equipment company.

When was Noralis founded?

Noralis was founded in 2015.

Energy Services And Equipment M&A Summary in 2020

Out of 60 sectors in the Mergr database, energy services and equipment ranked 30 in number of deals in 2020. The largest energy services and equipment acquisition in 2020 was Lummus Technology - which was acquired by Rhône Group for $2.7B.

Join Mergr to view all 80 acquisitions of energy services and equipment companies in 2020, including 14 acquisitions by private equity firms, and 66 by strategics.

Noralis

Noralis, Inc.

13114 Travis View Loop,
Austin, Texas 78732
United States,
(888) 701-3611
www.noralis.com

Noralis is an independent provider of transformational MWD technology. Integrated modern-day electronics, simplified surface systems, and unmatched cost savings are driving the next generation of MWD solutions. Noralis invested heavily in the development of its core technology and product offerings, achieving commercialization in early 2017. The Noralis Pressure Decoder (NPD) is significantly advanced decoding embedded in an integrated software solution automating tasks and digitizing drilling data. These products have transformed MWD performance and fundamentally disrupted the MWD pricing model by reducing costs upwards of 50%. Noralis was founded in 2015 and is based in Austin, Texas.


Company Summary

SECTOR

Energy Services and Equipment

Established

2015

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