Hercules Offshore - M&A Summary and Business Overview

Energy Services And EquipmentCompany

Hercules Offshore M&A Summary

Hercules Offshore has acquired 5 companies. It has also divested 3 assets.

Hercules Offshore’s largest acquisition to date was in 2013, when it acquired Liftboat Titan 2 for $42M. It’s largest disclosed sale occurred in 2013, when it sold Hercules Offshore - Domestic Liftboats to All Coast for $54M. Hercules Offshore has acquired in 2 different US states, and 3 countries. The Company’s most targeted sectors include energy services and equipment (100%).

Hercules Offshore Business Overview

Where is Hercules Offshore headquartered?

Hercules Offshore is headquartered in Houston, Texas.

What is Hercules Offshore’s revenue?

Hercules Offshore disclosed revenue of 900M USD for 2014 and 858M USD for 2013.

How many employees does Hercules Offshore have?

Hercules Offshore has 1,800 employees.

What sector is Hercules Offshore in?

Hercules Offshore is an energy services and equipment company.

When was Hercules Offshore founded?

Hercules Offshore was founded in 2004.

M&A Summary

  • M&A Total Activity8
    • M&A Buy Activity5
    • M&A Sell Activity3
  • Total Sectors Invested 1
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 4

Hercules Offshore, Inc.

9 Greenway Plaza, Suite 2200,
Houston, Texas 77046
United States,
(713) 350-5100
www.herculesoffshore.com

Hercules Offshore, Inc. is a provider of offshore contract drilling, liftboat and inland barge services with operations in nine countries on four continents. Its fleet of jackup rigs is the fourth largest in the world and the largest in the U.S. Gulf of Mexico, and it owns and operates the largest liftboat and inland barge drilling fleets in the world.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 5 - - - - - 5
vol $107M $107M
Sell (0.0/yr) # 3 - - - - - 3
vol $54M $54M
  8

Most Recent M&A

Company Date Value Type
Hercules Offshore - Domestic Liftboats 2013-06-24 54M USD Divestiture
, United States
Discovery Offshore S.A. 2013-06-24 - Stake Purchase
Luxembourg, Luxembourg
Liftboat Titan 2 2013-02-27 42M USD Divestiture
Limbe, Cameroon
TODCO Mexico Inc. 2012-08-20 - Divestiture
Houston, Texas
Servicios TODCO S. De R.L. de C.V. 2012-08-20 - Divestiture
, Mexico
Diamond Offshor - Ocean Columbia 2012-03-28 40M USD Divestiture
, United States
Seahawk Drilling, Inc. 2011-02-11 25M USD Add-on Acquisition
Houston, Texas · www.seahawkdrilling.com
TODCO (dba TODCO, Inc.) 2007-07-11 - Add-on Acquisition
Houston, Texas
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Energy Services and Equipment 5 (100%) 107M (100%) 3 (100%) 54M (100%)
Total 5 $107M 3 $54M

By Geo

State/Country Buy Value Sell Value
United States 3 65M 2 54M
  Texas 2 25M 1 -
Cameroon 1 42M - -
Luxembourg 1 - - -
Mexico - - 1 -
Domestic 3 (60%) 65M (61%) 2 (67%) 54M (100%)
Cross-border 2 (40%) 42M (39%) 1 (33%) -
Total 5 $107M 3 $54M

Deal Values

buy # Total
< $100M 3 $107M
TOTAL $107M
Largest Liftboat Titan 2
$42M (2013-02-27)
sell # Total
< $100M 1 $54M
TOTAL $54M
Largest Hercules Offshore - Domestic Liftboats
$54M (2013-06-24)

M&A Connections

Deals
Acquired from
Strategic(s)
40%
2 (40%)
Divested to
Strategic(s)
100%
3 (100%)

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