M&A Deal Summary

Aereon Acquires Jordan Technologies

On March 4, 2014, Aereon acquired energy services and equipment company Jordan Technologies from Flare Industries

Acquisition Highlights
  • This is Aereon’s 1st transaction in the Energy Services and Equipment sector.
  • This is Aereon’s 2nd transaction in the United States.
  • This is Aereon’s 1st transaction in Kentucky.

M&A Deal Summary

Date 2014-03-04
Target Jordan Technologies
Sector Energy Services and Equipment
Buyer(s) Aereon
Sellers(s) Flare Industries
Deal Type Divestiture

Target

Jordan Technologies

Louisville, Kentucky, United States
Jordan Technologies, Inc. designs, manufactures and y services vapor recovery units.

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Buyer(S) 1

Buyer

Aereon

Austin, Texas, United States

Category Company
Founded 1984
Sector Energy Services and Equipment
DESCRIPTION

Aereon is a provider of standard and highly-engineered vapor recovery and combustion systems which it manufactures and markets to upstream, midstream, and downstream customers. The company's sales are balanced between domestic and international markets, standard and custom equipment as well as substantial after-market parts sales and services. Aereon was formed in 1984 and is based in Austin, Texas.


DEAL STATS #
Overall 2 of 3
Sector (Energy Services and Equipment) 1 of 2
Type (Divestiture) 2 of 3
State (Kentucky) 1 of 1
Country (United States) 2 of 3
Year (2014) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-04 Flare Industries

Austin, Texas, United States

Flare Industries, Inc. is a designer and manufacturer of combustion and pollution control technology and equipment. Through its offices in the United States, Canada, United Kingdom, United Arab Emirates and Singapore, Flare delivers high-quality flare systems, thermal oxidizers and ignition systems to clients in a range of industries worldwide.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-13 Abutec

Kennesaw, Georgia, United States

Abutec LLC is a manufacturer of emission control products serving various industry segments including oil & gas, landfill and wastewater treatment. Abutec was founded in 2012 and is based in Kennesaw, Georgia.

Buy -

Seller(S) 1

SELLER

Flare Industries

Austin, Texas, United States

Category Company
Founded 1984
Sector Manufacturing
DESCRIPTION

Flare Industries, Inc. is a designer and manufacturer of combustion and pollution control technology and equipment. Through its offices in the United States, Canada, United Kingdom, United Arab Emirates and Singapore, Flare delivers high-quality flare systems, thermal oxidizers and ignition systems to clients in a range of industries worldwide.


DEAL STATS #
Overall 1 of 1
Sector (Energy Services and Equipment) 1 of 1
Type (Divestiture) 1 of 1
State (Kentucky) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-11 Jordan Technologies

Louisville, Kentucky, United States

Jordan Technologies, Inc. designs, manufactures and y services vapor recovery units.

Buy -