Pride International - Ownership and Business Overview

Energy Services And EquipmentCompany

Pride International Ownership

Who owns Pride International?

Pride International is owned by Valaris. It was acquired on May 31, 2011.

Was Pride International formerly PE-backed?

Yes. Pride International was formerly owned by 1 private investor.

Pride International Business Overview

Where is Pride International headquartered?

Pride International is headquartered in Houston, Texas.

How many employees does Pride International have?

Pride International has 3,900 employees.

What sector is Pride International in?

Pride International is an energy services and equipment company.

When was Pride International founded?

Pride International was founded in 1966.

Energy Services And Equipment M&A Summary in 2011

Out of 60 sectors in the Mergr database, energy services and equipment ranked 15 in number of deals in 2011. The largest energy services and equipment acquisition in 2011 was Pride International - which was acquired by Valaris for $7.3B.

Join Mergr to view all 151 acquisitions of energy services and equipment companies in 2011, including 47 acquisitions by private equity firms, and 104 by strategics.

Pride International, Inc.

5847 San Felipe, Suite 3300 ,
Houston, Texas 77057
United States,
(713) 789-1400
www.prideinternational.com

Pride International, Inc., is a provider of contract drilling and associated services related to the oil and gas exploration and production industry, both onshore and offshore. Pride currently operates a fleet of 328 rigs, including 2 ultra-deepwater drill ships, 12 semi-submersible rigs, 35 jackup rigs, 5 tender-assisted rigs, 3 barge rigs, 21 offshore platform rigs and 250 land-based drilling and workover rigs.


Company Summary

SECTOR

Energy Services and Equipment

Employees

3,900

Established

1966

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