M&A Deal Summary |
|
|---|---|
| Date | 2017-08-02 |
| Target | Midstream Texas |
| Sector | Energy Services and Equipment |
| Buyer(s) | International-Matex Tank Terminals |
| Sellers(s) |
White Deer Energy
Blue Water Energy |
| Deal Type | Add-on Acquisition |
| Deal Value | 172M USD |
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| Category | Company |
|---|---|
| Founded | 1939 |
| Sector | Energy Services and Equipment |
International-Matex Tank Terminals, Inc. (IMTT) is a provider of handling and storage of bulk liquid products through its ownership and operation of ten terminals in the U.S. and two additional facilities in Canada. The terminals handle petroleum (primarily refined), chemical, and vegetable and animal oil products for customers including refiners, commodities traders, and specialty chemical manufacturers. Customers retain ownership of the bulk liquids, as well as responsibility for ensuring those products. IMTT is the lessor of its more than 45 million barrels of storage capacity. International-Matex Tank Terminals was formed in 1939 and is based in New Orleans, Louisiana.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Energy Services and Equipment) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 1 |
| State (Texas) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2017) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-11-01 |
International-Matex Tank Terminals - Georgia Terminals
Savannah, Georgia, United States International-Matex Tank Terminals' Georgia Terminals provides energy services in Savannah, Georgia. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2008 |
| PE ASSETS | 2.7B USD |
| Size | Large |
| Type | Sector Focused |
White Deer Energy is a specialist private equity investment group focused on the energy sector. White Deer targets equity investments of $25 to $100 million in companies active in oil and gas production, oil service and equipment manufacturing and midstream infrastructure. Prospective transaction situations include companies in need of capital for growth, companies with follow-on opportunities, or management teams looking to continue to operate their companies. The Firm prefers control or co-control positions. White Deer Energy was formed in 2008 and has offices in Houston, Texas and New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 16 |
| Sector (Energy Services and Equipment) | 6 of 12 |
| Type (Add-on Acquisition) | 5 of 9 |
| State (Texas) | 3 of 7 |
| Country (United States) | 8 of 14 |
| Year (2017) | 3 of 4 |
| Size (of disclosed) | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-05-18 |
RockPile Energy Services
Denver, Colorado, United States RockPile Energy Services LLC is a growth oriented oil services company providing engineered completions solutions to oil and gas exploration and production companies primarily in the Williston and Permian Basins. RockPile Energy Services was founded in 2011 and is based in Denver, Colorado. |
Sell | $285M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-10-01 |
Extract
Tulsa, Oklahoma, United States Extract Companies is an artificial lift company. Through its Extract Production Services and Hoss Pump Systems subsidiaries, Extract provides ESP, Gas Lift, and Horizontal Pump Systems to the oil production and saltwater disposal markets in the US. Extract is based in Tulsa, Oklahoma. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| PE ASSETS | 861M USD |
| Size | Middle-Market |
| Type | Sector Focused |
Blue Water Energy is a private equity firm focused on building energy companies. Blue Water looks to invest up to $150 million per project with a focus on production, upstream equipment and services, and midstream/downstream equipment and services. Blue Water typically invests in partnership with experienced management teams that have a track record of value creation. Blue Water Energy was formed in 2011 and is based in London.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 8 |
| Sector (Energy Services and Equipment) | 1 of 5 |
| Type (Add-on Acquisition) | 1 of 6 |
| State (Texas) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2017) | 1 of 1 |
| Size (of disclosed) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-05-23 |
Mime Petroleum
Oslo, Norway Mime Petroleum is a new exploration, development, and production company focused on the Norwegian Continental Shelf. Mime Petroleum's vision is to build a major NCS independent E&P company, through building a material portfolio of producing and commercial reserves and driving post-acquisition investment activity. Mime Petroleum is based in Oslo, Norway. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-09-12 |
Authentix
Addison, Texas, United States Authentix is a pioneer in developing and delivering authentication solutions for the protection of high-value consumables such as refined oil and gas supplies (e.g. gasoline, diesel, lubes, and LPG). For over twenty years Authentix has assisted governments, IOCs, NOCs and consumers in combating illicit trade and securing their supply chains’ integrity. Authentix is based in Addison, Texas. |
Buy | - |
