M&A Deal Summary

Gordon Technologies Acquires Vertex UAE

On October 31, 2024, Gordon Technologies acquired business services company Vertex UAE

Acquisition Highlights
  • This is Gordon Technologies’ 1st transaction in the Business Services sector.
  • This is Gordon Technologies’ 1st transaction in United Arab Emirates.

M&A Deal Summary
Date 2024-10-31
Target Vertex UAE
Sector Business Services
Buyer(s) Gordon Technologies
Deal Type Add-on Acquisition

Target

Vertex UAE

United Arab Emirates
Vertex UAE provides existing product offerings of certain downhole components.

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Buyer(S) 1

Buyer

Gordon Technologies

Scott, Louisiana, United States
Category Company
Founded 2014
Sector Energy Services and Equipment
DESCRIPTION

Gordon Technologies is an independent provider of Measurement-While-Drilling (“MWD”) technology to the oil and gas industry. Gordon’s product offering, including its Heat Miser™ and Shock Miser™ tools. Gordon Technologies was founded in 2014 and is based in Scott, Louisiana.

DEAL STATS #
Overall 2 of 2
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 2 of 2
Country (United Arab Emirates) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-07 Lodestar International

Wimberly, Texas, United States

Lodestar International LLC is an independent manufacturer and service provider of downhole dynamics-while-drilling “DWD” measurement tools, which are critical to continued drilling efficiencies and optimization. Lodestar’s flagship products, the I-SUB and I-STRING, provide multiple drilling measurements throughout the drill string and at the drill bit. Lodestar International was founded in 2013 and is based in Wimberly, Texas.

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