M&A Deal Summary

Broadspectrum Pty and Worley Acquire Transfield Worley Power Services Pty

On January 1, 2004, Broadspectrum Pty and Worley acquired energy services and equipment company Transfield Worley Power Services Pty

Acquisition Highlights
  • This is Broadspectrum Pty’s 1st and Worley’s 1st transaction in the Energy Services and Equipment sector.
  • This is Broadspectrum Pty’s 2nd and Worley’s 1st transaction in Australia.

M&A Deal Summary

Date 2004-01-01
Target Transfield Worley Power Services Pty
Sector Energy Services and Equipment
Buyer(s) Broadspectrum Pty
Worley
Deal Type Joint Venture

Target

Transfield Worley Power Services Pty

Perth, Australia
Transfield Worley Power Services Pty Ltd. is a provider of operations and asset services to the power generation sector in Australia, New Zealand and South East Asia.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 2

Buyer

Broadspectrum Pty

North Sydney, Australia

Category Company
Founded 2001
Sector Business Services
Revenue 3.7B AUD (2013)
DESCRIPTION

Broadspectrum Pty Ltd. is a provider of essential services to critical community assets and infrastructure. The company's approach integrates a focus on optimizing performance, integrity, and output of clients’ businesses and assets to deliver real business outcomes safely and responsibly, with a diverse, collaborative and caring workforce. Broadspectrum was formed in 2001 and is based in North Sydney, Australia.


DEAL STATS #
Overall 2 of 6
Sector: Energy Services and Equipment M&A 1 of 1
Type: Joint Venture M&A Deals 1 of 1
Country: Australia M&A 2 of 3
Year: 2004 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-12-19 REB Engineering Pty

Mackay, Australia

REB Engineering Pty Ltd. is a specialist maintenance and capital works company servicing the mining, bulk materials handling and manufacturing industries in Queensland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-06-08 US Maintenance

United States

US Maintenance is a provider of outsourced contractor management services in USA.

Buy AU$372M
Buyer

Worley

Sydney, Australia

Category Company
Founded 1971
Sector Engineering
Employees38,244
Revenue 11.2B AUD (2025)
DESCRIPTION
Entrance to WorleyParsons' office in Houston, Texas.
Entrance to WorleyParsons' office in Houston, Texas.

Worley is a provider of engineering, procurement, and construction to the energy industry. Worley also offers a range of consulting and advisory services. Worley was formed in 1971 and is based in Sydney, Australia.


DEAL STATS #
Overall 1 of 12
Sector: Energy Services and Equipment M&A 1 of 6
Type: Joint Venture M&A Deals 1 of 1
Country: Australia M&A 1 of 2
Year: 2004 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-11-25 HG Engineering

Toronto, Ontario, Canada

HG Engineering, Ltd. is an engineering and project management company specializes in hydrometallurgy and gas cleaning technologies.

Buy -