M&A Deal Summary |
|
|---|---|
| Date | 2011-07-05 |
| Target | Cannon Services |
| Sector | Manufacturing |
| Buyer(s) | Forum Energy Technologies |
| Sellers(s) | SCF Partners |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 2005 |
| Sector | Energy Services and Equipment |
| Employees | 1,600 |
| Revenue | 739M USD (2023) |
Forum Energy Technologies is a provider of manufactured technologies and applied products to the energy industry, serving the subsea, drilling, completion, production, and flow control segments. Forum Energy Technologies was founded in 2005 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 22 |
| Sector (Manufacturing) | 1 of 3 |
| Type (Add-on Acquisition) | 5 of 19 |
| State (Texas) | 1 of 9 |
| Country (United States) | 2 of 13 |
| Year (2011) | 3 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-05-17 |
Specialist ROV Tooling Services
Insch, United Kingdom Specialist ROV Tooling Services Ltd. is a provider of intervention tooling and custom engineered product solutions for the subsea intervention market. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-07-12 |
P-Quip
Kilbirnie, United Kingdom P-Quip Ltd. is a manufacturer of proprietary mud pump fluid end assemblies. P-Quip’s products include mud pump rod systems, a liner retention system, valve cover retention systems, discharge strainer systems, valve seat pulling jack, special mud pump pistons, an automatic self- supporting mud bucket and a washpipe system. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1989 |
| PE ASSETS | 2.0B USD |
| Size | Large |
| Type | Sector Focused |
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 | 14 of 23 |
| Sector (Manufacturing) | 4 of 4 |
| Type (Add-on Acquisition) | 3 of 8 |
| State (Texas) | 10 of 13 |
| Country (United States) | 10 of 14 |
| Year (2011) | 5 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-06-01 |
EnerMAX Services
Calgary, Alberta, Canada EnerMAX Services Limited Partnership is a leading fluid management services provider offering fluid sales, storage, transport, pumping and recovery and disposal services from 26 service centres throughout Alberta, British Columbia and North Dakota U.S.A. EnerMAX has over 7 million liters of fluid storage capacity, 2,000 pieces of rental equipment and a fleet of over 450 tank, vacuum, hydro-vac, pressure, hot-oiler and steamer trucks. EnerMax stores fluid on a rental basis in its permanent tank farms, as well as offers for sale and distributes KCL, methanol, frac oil, hot and cold water and other oilfield chemicals. Additional EnerMAX services include crude and chemical transport, well batching, frac packages, drill site and tank rental, pipeline cleaning, tower, tank and equipment cleaning, pressure testing, fluid heating and fluid disposal services. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-02-01 |
Integrated Production Services
Calgary, Alberta, Canada Integrated Production Services dba IPS Canada, formerly of Complete Production Services. IPS offers a range of evaluation, completion and intervention services from nine locations throughout Western Canada and is one of Canada’s leading providers of multistage perforating services in horizontal wells. The company designs and runs perforating systems that are conveyed on casing, electric line, jointed tubing and coiled tubing and has one of the largest inventories of pressure control equipment in Canada. |
Buy | - |
