TGS - M&A Summary and Business Overview

Oil/gas ExplorationCompany

TGS M&A Summary

TGS has acquired 5 companies, including 3 in the last 5 years. A total of 2 acquisitions came from private equity firms.

TGS’s largest acquisition to date was in 2012, when it acquired Arcis Seismic Solutions for $72M. TGS has acquired in 1 US state, and 4 countries. The Company’s most targeted sectors include information services (40%) and digital media (20%).

TGS Business Overview

Where is TGS headquartered?

TGS is headquartered in Oslo, Norway.

What is TGS’s revenue?

TGS disclosed revenue of 794M USD for 2023 and 717M USD for 2022.

How many employees does TGS have?

TGS has 873 employees.

What sector is TGS in?

TGS is an oil/gas exploration company.

When was TGS founded?

TGS was founded in 1981.

M&A Summary

  • M&A Total Activity5
    • M&A Buy Activity5
  • Total Sectors Invested 4
  • Total Countries Invested 4
  • M&A Buy/Sell Connections 2
  • M&A Advisors 2

TGS

TGS ASA

Askekroken 11,
Oslo, 0277
Norway,
+47 22 55 04 00
www.tgs.com

TGS provides a multi-client geoscience data and services to oil and gas exploration and production companies around the globe. TGS was founded in 1981 and is based in Oslo, Norway.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 4 - 1 - - - 5
vol $72M $72M
Sell (0.0/yr) # - - - - - - 0
  5

Most Recent M&A

Company Date Value Type
4C Offshore Ltd. 2021-05-12 - Add-on Acquisition
Lowestoft, United Kingdom · www.4coffshore.com
Lasser, Inc. 2019-09-05 - Add-on Acquisition
Fort Worth, Texas · www.lasser.com
Spectrum ASA 2019-05-02 - Add-on Acquisition
Oslo, Norway · www.spectrumgeo.com
Arcis Seismic Solutions Corp. 2012-06-15 72M USD Add-on Acquisition
Calgary, Alberta · www.arcis.com
Stingray Geophysical Ltd 2011-04-15 - Add-on Acquisition
Guildford, United Kingdom · www.stingraygeo.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Information Services 2 (40%) 72M (100%) - -
Digital Media 1 (20%) - - -
Energy Services and Equipment 1 (20%) - - -
Test/Measurement Equipment 1 (20%) - - -
Total 5 $72M - -

By Geo

State/Country Buy Value Sell Value
United Kingdom 2 - - -
Canada 1 72M - -
  Alberta 1 72M - -
Norway 1 - - -
United States 1 - - -
  Texas 1 - - -
Domestic 1 (20%) - - -
Cross-border 4 (80%) 72M (100%) - -
Total 5 $72M - -

Top M&A Advisors

Financial Deals
Carnegie Investment Bank AB
1
Legal Deals
Advokatfirmaet Schjødt
1

Deal Values

buy # Total
< $100M 1 $72M
TOTAL $72M
Largest Arcis Seismic Solutions Corp.
$72M (2012-06-15)

M&A Connections

Deals
Acquired from
Investor(s)
40%
2 (40%)

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