M&A Deal Summary

AFGlobal Acquires Advanced Measurements

On June 30, 2017, AFGlobal acquired software company Advanced Measurements from Key

Acquisition Highlights
  • This is AFGlobal’s 1st transaction in the Software sector.
  • This is AFGlobal’s 1st transaction in Canada.
  • This is AFGlobal’s 1st transaction in Alberta.

M&A Deal Summary
Date 2017-06-30
Target Advanced Measurements
Sector Software
Buyer(s) AFGlobal
Sellers(s) Key
Deal Type Divestiture

Target

Advanced Measurements

Calgary, Alberta, Canada
Advanced Measurements, Inc. is a designer and production of oilfield service data acquisition, control and information systems. Advanced Measurements was founded in 1989 and is based in Calgary, Alberta.

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Buyer(S) 1

Buyer

AFGlobal

Houston, Texas, United States
Category Company
Founded 1985
Sector Energy Services and Equipment
DESCRIPTION

AFGlobal is an oil and gas OEM specializing in technology, products, and services with fully-integrated manufacturing capabilities to clients around the world. AFGlobal also offers a broad range of manufacturing capabilities to industrial segments, offering a variety of both highly-engineered and general forged products, as well as complementary aftermarket services. AFGlobal was founded in 1985 and is based in Houston, Texas.

DEAL STATS #
Overall 1 of 2
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2017) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-08 Maass Flange

Essen, Germany

Maass Flange is a domestic manufacturing supplier of stainless and nickel alloy flanges in North America. Maass Flange was founded in 1982 and is based in Essen, Germany

Buy -

Seller(S) 1

SELLER

Key

Houston, Texas, United States
Category Company
Founded 1977
Sector Energy Services and Equipment
Employees2,000
Revenue 414M USD (2019)
DESCRIPTION

Key is an onshore, rig-based well servicing contractor based on the number of rigs owned. Key provides a complete range of well intervention services and has operations in all major onshore oil and gas producing regions of the continental United States and internationally in Mexico and Russia. Key was founded in 1977 and is based in Houston, Texas.

DEAL STATS #
Overall 2 of 3
Sector (Software) 1 of 1
Type (Divestiture) 2 of 3
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2017) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-13 Key Energy Services - Frac Stack & Well Testing Assets

Houston, Texas, United States

Key Energy Services, Inc. - Frac Stack & Well Testing Assets comprises a complete range of well intervention services and has operations in all major onshore oil and gas producing regions of the continental United States.

Sell $24M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-23 Key Energy Services - Fluid Management Services Assets

Houston, Texas, United States

Key Energy's Fluid Management Services Assets includes 32 SWDs, frack tanks, transport vehicles, and other equipment located in Texas and New Mexico.

Sell -
Mergr

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