M&A Deal Summary |
|
|---|---|
| Date | 2013-05-14 |
| Target | Troms Offshore Supply AS |
| Sector | Marine |
| Buyer(s) | Tidewater |
| Sellers(s) | HitecVision |
| Deal Type | Add-on Acquisition |
| Deal Value | 395M USD |
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| Category | Company |
|---|---|
| Founded | 1956 |
| Sector | Energy Services and Equipment |
| Employees | 5,400 |
| Revenue | 648M USD (2022) |
Tidewater provides offshore vessel services in support of all phases of offshore exploration, field development and production, including towing of, and anchor handling for, mobile offshore drilling units; transporting supplies and personnel necessary to sustain drilling, workover and production activities; offshore construction, ROV operations, and seismic and subsea support; and a variety of specialized services such as pipe and cable laying. Included within the company’s offshore service vessel fleet are vessels that are operated under joint ventures, as well as vessels that have been stacked or withdrawn from service. Tidewater was founded in 1956 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 6 |
| Sector (Marine) | 1 of 1 |
| Type (Add-on Acquisition) | 4 of 4 |
| Country (Norway) | 2 of 2 |
| Year (2013) | 1 of 1 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-09-01 |
Aquanos AS
Grimstad, Norway Aquanos AS is a provider of the multi-purpose ROV and light construction vessel Aquanos Enabler, currently under construction at STX Europe shipyard in Brevik, Norway. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-03-09 |
Swire Pacific Offshore Operations
Singapore, Singapore Swire Pacific Offshore Operations is a marine services provider which owns and operates a diverse fleet of more than 50 vessels, including Anchor Handling Tug Supply (AHTS) Vessels, Platform Supply Vessels (PSV) and a Seismic Survey Vessel. Swire Pacific Offshore Operations was founded in 1975 and is based in Singapore. |
Buy | $190M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1985 |
| PE ASSETS | 5.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
HitecVision AS is a private equity firm specializing in buyouts and growth capital investments in the oil and gas industry. The Firm targets investments in middle-market companies throughout North America (primarily US) and Northern Europe (primarily Norway and the UK). HitecVision seeks companies with growth potential and unique technologies. The Firm looks to invest $30 to $150 million in companies valued up to $300 million. Specific areas of interest include drilling/down-hole, exploration/production, field development, mid- and downstream, and subsurface. HitecVision AS was formed in 1985 and is based in Stavanger. The Firm has additional offices in Oslo and Texas.
| DEAL STATS | # |
|---|---|
| Overall | 19 of 29 |
| Sector (Marine) | 1 of 1 |
| Type (Add-on Acquisition) | 8 of 15 |
| Country (Norway) | 15 of 21 |
| Year (2013) | 2 of 3 |
| Size (of disclosed) | 1 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-04-18 |
Deep Sea Mooring
Tananger, Norway Deep Sea Mooring is the trusted choice for E&P (exploration and production) companies and drilling operators that demand the best in safe, innovative and optimum quality mooring solutions. Deep Sea Mooring was founded in 2008 and is based in Tananger, Norway. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-07-02 |
Suretank Group
Dunleer, Ireland Suretank Group is a specialist in the design and supply of offshore transport containers and a market provider in offshore liquid and cargo storage solutions. Suretank Group was founded in 2007 and is based in Dunleer, Ireland. |
Buy | - |
