M&A Deal Summary

Arc Resources Acquires Storm Exploration

On August 17, 2010, Arc Resources acquired oil/gas exploration company Storm Exploration for 680M USD

Acquisition Highlights
  • This is Arc Resources’ 1st transaction in the Oil/Gas Exploration sector.
  • This is Arc Resources’ largest (disclosed) transaction.
  • This is Arc Resources’ 1st transaction in Canada.
  • This is Arc Resources’ 1st transaction in Alberta.

M&A Deal Summary

Date 2010-08-17
Target Storm Exploration
Sector Oil/Gas Exploration
Buyer(s) Arc Resources
Deal Type Add-on Acquisition
Deal Value 680M USD
Advisor(s) FirstEnergy Capital Corp. (Financial)

Target

Storm Exploration

Calgary, Alberta, Canada
Storm Exploration, Inc. is a provider of oil/gas exploration services.

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Buyer(S) 1

Buyer

Arc Resources

Calgary, Alberta, Canada

Category Company
Founded 1996
Sector Test/Measurement Equipment
Employees438
Revenue 6.4B CAD (2023)
DESCRIPTION

Arc Resources is a provider of high performance microelectronic components and test and measurement equipment used by companies in the commercial wireless communications, space, avionics, medical and other markets. Arc Resources was incorporated in 1996 and is headquartered in Calgary, Canada.


DEAL STATS #
Overall 1 of 3
Sector (Oil/Gas Exploration) 1 of 2
Type (Add-on Acquisition) 1 of 3
State (Alberta) 1 of 2
Country (Canada) 1 of 2
Year (2010) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-06 Shenick Network Systems

Dun Laoghaire, Ireland

Shenick, headquartered in Dublin, Ireland, is a pioneer in the IP test and measurement testing market and has developed a unique solution for today’s virtualized and physical network infrastructure. TeraVM™ helps service providers and network equipment manufacturers load, analyze, develop and validate the performance and capabilities of a wide variety of network and security devices including VPN/Firewall, vSwitch, DPI or IPS/IDS, vLoad Balancer and video infrastructure. Additionally, TeraVM™ provides highly realistic and very high load traffic generation and analysis from 1 Gigabit to 1 Terabit of fully stateful data application traffic, with comprehensive measurement and performance analysis on each and every application flow to easily pinpoint and isolate problems.

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