M&A Deal Summary |
|
|---|---|
| Date | 2019-07-15 |
| Target | Energy Drilling |
| Sector | Energy Services and Equipment |
| Buyer(s) | Enhanced Well Technologies |
| Sellers(s) |
EV Private Equity
HitecVision |
| Deal Type | Add-on Acquisition |
SEARCH BY
| Category | Company |
|---|---|
| Sector | Oil/Gas Exploration |
| Revenue | 550M NOK (2014) |
Enhanced Well Technologies is a supplier of specialized drilling technology to the global oil and gas industry. Enhanced Well Technologies is based in Straume, Norway.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector: Energy Services and Equipment M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 2 |
| Country: Singapore M&A | 1 of 1 |
| Year: 2019 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-11-27 |
IKM Cleandrill
Straume, Norway IKM Cleandrill is a specialist service provider to the offshore drilling industry. IKM Cleandrill is based in Straume, Norway. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2002 |
| PE ASSETS | 1.0B NOK |
| Size | Small |
| Type | Sector Focused |
Energy Ventures is an independent venture capital firm that manages/advises four venture funds. It actively seeks early- to mid-stage investments in technology companies that deliver a marketable, proprietary product or service in the upstream oil and gas sector. Energy Ventures focuses on investments based in the North Sea area or North America with an international orientation. Established in 2002, Energy Ventures is based in Stavanger, Norway with additional offices in Aberdeen, UK, and Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 20 of 33 |
| Sector: Energy Services and Equipment M&A | 14 of 21 |
| Type: Add-on Acquisition M&A Deals | 14 of 24 |
| Country: Singapore M&A | 1 of 1 |
| Year: 2019 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-07-15 |
Enhanced Well Technologies
Straume, Norway Enhanced Well Technologies is a supplier of specialized drilling technology to the global oil and gas industry. Enhanced Well Technologies is based in Straume, Norway. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-02-18 |
HalfWave AS
Hordaland, Norway HalfWave AS provides accurate and reliable inspection data that allows its customers to make informed choices in order to maintain the integrity of critical assets. Halfwave has developed innovative cost-effective inspection tools and services for the energy market. Key to Halfwave’s offering is its patented ultra-wideband acoustic inspection technology (ART), which offers penetration and measurement capabilities significantly exceeding those of existing inspection technologies. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1985 |
| PE ASSETS | 8.0B EUR |
| Size | Mega |
| Type | Sector Agnostic |
HitecVision is a private equity firm specializing in buyouts and growth capital investments in the oil and gas industry. The Firm targets investments in middle-market companies throughout North America (primarily US) and Northern Europe (primarily Norway and the UK). HitecVision seeks companies with growth potential and unique technologies. The Firm looks to invest €150 to €500 million in companies. Specific areas of interest include drilling/down-hole, exploration/production, field development, mid- and downstream, and subsurface. HitecVision was formed in 1985 and is based in Stavanger. The Firm has additional offices in Oslo and Texas.
| DEAL STATS | # |
|---|---|
| Overall | 25 of 34 |
| Sector: Energy Services and Equipment M&A | 9 of 12 |
| Type: Add-on Acquisition M&A Deals | 12 of 17 |
| Country: Singapore M&A | 1 of 1 |
| Year: 2019 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-07-01 |
NEO Energy
Aberdeen, United Kingdom NEO Energy is an independent full-cycle energy business. NEO Energy was founded in 2019 and is based in Aberdeen, United Kingdom. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-10-03 |
Verus Petroleum
Aberdeen, United Kingdom Verus Petroleum is an independent oil and gas company. Verus Petroleum is based in Aberdeen, United Kingdom. |
Sell | - |
