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

Business ServicesCompany

SPL M&A Summary

SPL has acquired 10 companies of its own, including 8 in the last 5 years. A total of 2 acquisitions came from private equity firms.

SPL has acquired in 4 different US states, and 2 countries. The Company’s most targeted sectors include business services (34%) and energy services and equipment (23%).

SPL Ownership

Who owns SPL?

SPL is owned by Sentinel Capital Partners. It was acquired on April 8, 2022.

Is SPL PE-backed?

Yes. SPL is owned by private equity investor Sentinel Capital Partners.

Was SPL formerly PE-backed?

Yes. SPL was formerly owned by 4 private investors.

SPL Business Overview

Where is SPL headquartered?

SPL is headquartered in Houston, Texas.

What sector is SPL in?

SPL is a business services company.

When was SPL founded?

SPL was founded in 1944.

M&A Summary

  • M&A Total Activity9
    • M&A Buy Activity9
  • Total Sectors Invested 4
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 3
  • M&A Advisors 1

SPL

SPL, Inc.

8850 Interchange Drive,
Houston, Texas 77054
United States,
(713) 660-0901
www.spl-inc.com

SPL is an independent provider of critical outsourced hydrocarbon measurement, analysis, and reporting services for oil and gas production and transport in the United States. The Company provides a comprehensive suite of gas and liquid laboratory tests and related field services from its network of 8 labs and 14 field service locations across the U.S. and counts leading independent and major exploration and production companies, as well as midstream operators, among its customers. SPL’s test and measurement services enable its customers to evaluate the composition of the hydrocarbons they are producing to fine-tune production from wells, market products downstream, meet regulatory reporting requirements, and ensure accurate payment of royalties to leaseholders. Southern Petroleum Laboratories was founded in 1944 and is based in Houston, Texas.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.0/yr) # 4 - 1 1 2 1 9
Sell (0.0/yr) # - - - - - - 0
  9

Most Recent M&A

Company Date Value Type
DHL Analytical 2024-03-18 - Add-on Acquisition
Round Rock, Texas · www.dhlanalytical.com
Volumetrics 2023-09-11 - Add-on Acquisition
, United States
Ana-lab Corp. 2023-04-05 - Add-on Acquisition
Kilgore, Texas · www.ana-lab.com
Oxidor Laboratories LLC 2022-01-04 - Add-on Acquisition
Plano, Texas · www.oxidor.com
Assured Flow Solutions LLC 2021-09-27 - Add-on Acquisition
Sugar Land, Texas · www.assuredflowsolutions.com
Banded Iron Group - Laboratory & Measurement Service Business 2019-11-25 - Divestiture
Calgary, Alberta
Atchafalaya Measurement, Inc. 2019-01-28 - Merger
Scott, Louisiana · www.atchafalayameasurement.com
American Measurement Services LLC 2017-09-12 - Add-on Acquisition
Meno, Oklahoma · www.americanmeasurement.com
Caprock Laboratories, Inc. 2015-11-05 - Add-on Acquisition
Midland, Texas · www.caprocklab.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Business Services 3 (33%) - - -
Energy Services and Equipment 2 (22%) - - -
Life Science 2 (22%) - - -
Test/Measurement Equipment 2 (22%) - - -
Total 9 - - -

By Geo

State/Country Buy Value Sell Value
United States 8 - - -
  Texas 5 - - -
  Oklahoma 1 - - -
  Louisiana 1 - - -
Canada 1 - - -
  Alberta 1 - - -
Domestic 8 (89%) - - -
Cross-border 1 (11%) - - -
Total 9 - - -

Top M&A Advisors

Legal Deals
Locke Lord
1

M&A Connections

Deals
Acquired from
Investor(s)
11%
1 (11%)
Strategic(s)
11%
1 (11%)

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