M&A Deal Summary

Centurion Acquires Site Energy Services

On January 1, 2018, Centurion acquired energy services and equipment company Site Energy Services from SCF Partners

Acquisition Highlights
  • This is Centurion’s 2nd transaction in the Energy Services and Equipment sector.
  • This is Centurion’s 1st transaction in Canada.
  • This is Centurion’s 1st transaction in Alberta.

M&A Deal Summary

Date 2018-01-01
Target Site Energy Services
Sector Energy Services and Equipment
Buyer(s) Centurion
Sellers(s) SCF Partners
Deal Type Merger

Target

Site Energy Services

Sherwood Park, Alberta, Canada
Site Energy Services Ltd. is an integrated services contractor focused on building, maintaining, and reclaiming the infrastructure in growing unconventional oil and gas regions.

Search 201,157 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Centurion

Aberdeen, United Kingdom

Category Company
Sector Business Services
DESCRIPTION

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


DEAL STATS #
Overall 7 of 13
Sector (Energy Services and Equipment) 2 of 5
Type (Merger) 3 of 3
State (Alberta) 1 of 3
Country (Canada) 1 of 3
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-01 Oil Patch Group

Houston, Texas, United States

Oil Patch Group is a family of four companies serving the oil & gas industry. The company is specialized in the rental of drill pipe and living quarters; and equipped to offer a magnitude of other rental equipment and services, including the management of the initial flow back period during good production.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-24 Specialist Services

Dubai, United Arab Emirates

Specialist Services is an innovative provider of modular buildings, production equipment, and other technical services. The company uses specialist in-house engineering and manufacturing to create modular building configurations for specific customer requirements. Applicable to a broad range of harsh environments, such as onshore petrochemical or offshore renewables, Specialist Services’ flexible building solutions are highly adaptable and delivered to customers on a permanent or rental basis. The business is a strong strategic fit with Centurion’s existing Accommodation and Modular Solutions (AMS) operations, and will enable a larger and more technically differentiated product range to be made available to an expanded global customer base. Specialist Services is based in the United Arab Emirates (UAE) and has operations across the Middle East, Asia and South-East Asia, and Europe.

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 20 of 23
Sector (Energy Services and Equipment) 8 of 10
Type (Merger) 1 of 2
State (Alberta) 3 of 4
Country (Canada) 4 of 5
Year (2018) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-01 Hi-Tech Industrial Services

Deer Park, Texas, United States

Hi-Tech Industrial Services is a provider of integrated specialty services to the downstream energy, infrastructure, and industrial market. Hi-Tech Industrial Services was founded in 1985 and is based in Deer Park, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-19 Nine Energy Service

Houston, Texas, United States

Nine Energy Service is an oilfield services company that offers completion and production solutions throughout North America. Nine Energy Service was founded in 2011 and is based in Houston, Texas.

Sell -