Explore All 2885 Add-on Acquisition Manufacturing Deals - Search the Database Free
M&A Deal Summary |
|
|---|---|
| Date | January 3, 2023 |
| Target | FlexSteel Pipeline Technologies |
| Sector | Manufacturing |
| Buyer(s) | Cactus Wellhead |
| Deal Type | Add-on Acquisition |
| Deal Value | 621M USD |
| Advisor(s) | Morgan Stanley (Financial) Vinson & Elkins (Legal) |
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| Category | Company |
|---|---|
| Founded | 2011 |
| Sector | Energy Services and Equipment |
| Employees | 1,600 |
| Revenue | 1.1B USD (2024) |
Cactus Wellhead designs, manufactures, and sells surface wellheads and Christmas trees. In addition, the company maintains an inventory of frac trees and ancillary equipment for short-term rental, offers repair and refurbishment services, and provides service crews to assist in the implementation of pressure control systems at the wellhead. Cactus Wellhead was formed in 2011 and is based in Houston, Texas.
| Deal Context for Buyer | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Manufacturing | 1 of 1 |
| Type: Add-on Acquisition | 1 of 1 |
| State: Texas | 1 of 1 |
| Country: United States | 1 of 1 |
| Year: 2023 | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
