M&A Deal Summary

FTS International Acquires Phoenix Well Services

On September 10, 2012, FTS International acquired energy services and equipment company Phoenix Well Services

Acquisition Highlights
  • This is FTS International’s 1st transaction in the Energy Services and Equipment sector.
  • This is FTS International’s 1st transaction in the United States.

M&A Deal Summary

Date 2012-09-10
Target Phoenix Well Services
Sector Energy Services and Equipment
Buyer(s) FTS International
Deal Type Add-on Acquisition
Advisor(s) Imperial Capital (Financial)

Target

Phoenix Well Services

United States
Phoenix Well Services LLC, a wireline services provider.

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Buyer(S) 1

Buyer

FTS International

Fort Worth, Texas, United States

Category Company
Founded 2002
Sector Oil/Gas Exploration
Revenue 777M USD (2019)
DESCRIPTION

FTS International is a provider of well-completion services for the oil and gas industry. Exploration and production companies use FTSI’s products and services primarily to enhance their recovery rates from oil and gas wells. FTS International was formed in 2002 and is based in Fort Worth, Texas.


DEAL STATS #
Overall 1 of 1
Sector: Energy Services and Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2012 M&A 1 of 1