Williams - M&A Summary, Ownership, and Business Overview

Energy Services And EquipmentCompany

Williams M&A Summary

Williams has acquired 5 companies of its own. A total of 5 acquisitions came from private equity firms. It has also divested 3 assets.

Williams’ largest acquisition to date was in 2013, when it acquired Hetsco for $33M. It’s largest disclosed sale occurred in 2017, when it sold Hetsco to Chart Industries for $22M. Williams has acquired in 2 different US states. The Company’s most targeted sectors include machinery (34%) and business services (34%).

Williams Ownership

Who owns Williams?

Williams is owned by EnergySolutions. It was acquired on July 24, 2023.

Was Williams formerly PE-backed?

Yes. Williams was formerly owned by 3 private investors.

Williams Business Overview

Where is Williams headquartered?

Williams is headquartered in Atlanta, Georgia.

What is Williams’ revenue?

Williams disclosed revenue of 269M USD for 2020 and 246M USD for 2019.

How many employees does Williams have?

Williams has 1,264 employees.

What sector is Williams in?

Williams is an energy services and equipment company.

When was Williams founded?

Williams was founded in 1998.

M&A Summary

  • M&A Total Activity6
    • M&A Buy Activity3
    • M&A Sell Activity3
  • Total Sectors Invested 3
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 8

Williams

Williams Industrial Services Group, Inc.

200 Ashford Center North Suite 425,
Atlanta, Georgia 30338
United States,
(770) 879-4400
www.wisgrp.com

Williams is a designer, engineer and manufacturer of auxiliary equipment for gas turbines used in power plants and a variety of industrial applications. Williams was founded in 1998 and is based in Atlanta, Georgia.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 3 - - - - - 3
vol $64M $64M
Sell (0.0/yr) # 3 - - - - - 3
vol $22M $22M
  6

Most Recent M&A

Company Date Value Type
Braden Manufacturing LLC 2017-10-12 - Divestiture
Tulsa, Oklahoma · www.braden.com
Hetsco, Inc. 2017-01-17 22M USD Divestiture
Greenwood, Indiana · www.hetsco.com
Koontz-Wagner Holdings LLC 2014-03-01 - Divestiture
South Bend, Indiana · www.koontz-wagner.com
Hetsco, Inc. 2013-04-30 33M USD Add-on Acquisition
Greenwood, Indiana · www.hetsco.com
TOG Manufacturing Company, Inc. 2012-09-05 - Add-on Acquisition
North Adams, Massachusetts · www.togmanufacturing.com
Koontz-Wagner Holdings LLC 2012-07-01 32M USD Add-on Acquisition
South Bend, Indiana · www.koontz-wagner.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Energy Services and Equipment 1 (33%) 33M (51%) 2 (67%) 22M (100%)
Business Services 1 (33%) 32M (49%) 1 (33%) -
Machinery 1 (33%) - - -
Total 3 $64M 3 $22M

By Geo

State/Country Buy Value Sell Value
United States 3 64M 3 22M
  Indiana 2 64M 2 22M
  Massachusetts 1 - - -
  Oklahoma - - 1 -
Total 3 $64M 3 $22M

Deal Values

buy # Total
< $100M 2 $64M
TOTAL $64M
Largest Hetsco, Inc.
$33M (2013-04-30)
sell # Total
< $100M 1 $22M
TOTAL $22M
Largest Hetsco, Inc.
$22M (2017-01-17)

M&A Connections

Deals
Acquired from
Investor(s)
100%
3 (100%)
Divested to
Investor(s)
33%
1 (33%)
Strategic(s)
67%
2 (67%)

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