M&A Deal Summary

Basin Tools Acquires Wenzel Downhole Tools

On July 31, 2013, Basin Tools acquired manufacturer Wenzel Downhole Tools

Acquisition Highlights
  • This is Basin Tools’ 1st transaction in the Manufacturing sector.
  • This is Basin Tools’ 1st transaction in Canada.
  • This is Basin Tools’ 1st transaction in Alberta.

M&A Deal Summary
Date 2013-07-31
Target Wenzel Downhole Tools
Sector Manufacturing
Buyer(s) Basin Tools
Deal Type Add-on Acquisition
Advisor(s) Westlake Securities LLC (Financial)

Target

Wenzel Downhole Tools

Calgary, Alberta, Canada
Wenzel Downhole Tools Ltd. engages in the design, manufacture, sale, rental, and servicing of downhole drilling tools for oil and gas drilling, utility trenchless underground construction, and environmental industries in the United States and Canada.

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Buyer(S) 1

Buyer

Basin Tools

Canada
Category Company
Sector Manufacturing
DESCRIPTION

Basin Tools, LP is based in Canada.

DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2013) 1 of 1
Mergr

Product

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