Add-on Acquisition • Information Technology

Frontrow Acquires ClearWell Oilfield Solutions

On May 1, 2017, Frontrow acquired information technology company ClearWell Oilfield Solutions

Acquisition Context
  • This is Frontrow’s 1st transaction in the Information Technology sector.
  • This is Frontrow’s 1st transaction in the United States.
  • This is Frontrow’s 1st transaction in Texas.

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M&A Deal Summary

Date May 1, 2017
Target ClearWell Oilfield Solutions
Sector Information Technology
Buyer(s) Frontrow
Deal Type Add-on Acquisition

Target Company

ClearWell Oilfield Solutions

Houston, Texas, United States
ClearWELL Oilfield Solutions is an oil and gas technology company focused on flow assurance and production optimisation. ClearWell Oilfield Solutions is based in Houston, Texas.
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Buyer Overview 1

Buyer

Frontrow

Aberdeen, United Kingdom

Category Company
Founded 2013
Sector Oil/Gas Exploration
DESCRIPTION

Frontrow is a dynamic upstream oil and gas services group delivering advanced industry solutions designed to provide dramatic cost reduction and enhanced performance. Frontrow was founded in 2013 and is based in Aberdeen, United Kingdom.


Deal Context for Buyer #
Overall 1 of 1
Sector: Information Technology 1 of 1
Type: Add-on Acquisition 1 of 1
State: Texas 1 of 1
Country: United States 1 of 1
Year: 2017 1 of 1