M&A Deal Summary

ALS Oil & Gas Acquires Reservoir Group

On August 1, 2013, ALS Oil & Gas acquired energy services and equipment company Reservoir Group from SCF Partners for 533M USD

Acquisition Highlights
  • This is ALS Oil & Gas’ 1st transaction in the Energy Services and Equipment sector.
  • This is ALS Oil & Gas’ largest (disclosed) transaction.
  • This is ALS Oil & Gas’ 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2013-08-01
Target Reservoir Group
Sector Energy Services and Equipment
Buyer(s) ALS Oil & Gas
Sellers(s) SCF Partners
Deal Type Add-on Acquisition
Deal Value 533M USD
Advisor(s) Simmons & Company (Financial)

Target

Reservoir Group

Aberdeen, United Kingdom
Reservoir Group is a provider of specialist services and equipment which assists with the evaluation, development and optimization of oil and gas discoveries.

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Buyer(S) 1

Buyer

ALS Oil & Gas

Aberdeen, United Kingdom
Category Company
Sector Energy Services and Equipment
DESCRIPTION

ALS Oil & Gas is a is a provider of analytical laboratory and technical services.

DEAL STATS #
Overall 1 of 2
Sector (Energy Services and Equipment) 1 of 2
Type (Add-on Acquisition) 1 of 2
Country (United Kingdom) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-02 BMP Enterprises

Houston, Texas, United States

BMP Enterprises, Inc. is a provider of oil and gas completions and equipment leasing services.

Buy -

Seller(S) 1

SELLER

SCF Partners

Houston, Texas, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1989
PE ASSETS 2.0B USD
Size Large
Type Sector Focused
DESCRIPTION

SCF Partners Ltd. is a specialist private equity firm that targets investments in energy service and equipment companies with operations around the world. SCF provides both equity capital and strategic guidance over the life of the investment which typically lasts five years. The Firm's target investment size is $10 to $100 million. SCF looks to grow portfolio companies through internal growth initiatives and through acquisitions. SCF Partners was formed in 1989 and is based in Houston, Texas, with additional offices in Aberdeen, Scotland and Calgary, Alberta.

DEAL STATS #
Overall 17 of 23
Sector (Energy Services and Equipment) 6 of 10
Type (Add-on Acquisition) 5 of 8
Country (United Kingdom) 3 of 4
Year (2013) 1 of 1
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-01 Centurion

Aberdeen, United Kingdom

Centurion is a supplier of critical rental, infrastructure, and support services to the energy industries. Centurion is based in Aberdeen, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-01 WTS Rentals

Nanton, Alberta, Canada

WTS Rentals is a provider of oilfield rental supply services intended for combined sewage treatment, dual generator, and lighting systems. WTS Rentals is based in Nanton, Alberta.

Buy -
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