M&A Deal Summary

Helix Energy Solutions Acquires Alliance Group

On May 17, 2022, Helix Energy Solutions acquired energy services and equipment company Alliance Group

Acquisition Highlights
  • This is Helix Energy Solutions’ 2nd transaction in the Energy Services and Equipment sector.
  • This is Helix Energy Solutions’ 2nd transaction in the United States.
  • This is Helix Energy Solutions’ 1st transaction in Louisiana.

M&A Deal Summary

Date 2022-05-17
Target Alliance Group
Sector Energy Services and Equipment
Buyer(s) Helix Energy Solutions
Deal Type Add-on Acquisition

Target

Alliance Group

Louisiana, United States
Alliance Group provides services in support of the upstream and midstream industries in the Gulf of Mexico shelf, including offshore oil field decommissioning and reclamation, project management, engineered solutions, intervention, maintenance, repair, heavy lift and commercial diving services. Alliance Group is based in Louisiana.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Helix Energy Solutions

Houston, Texas, United States

Category Company
Founded 1979
Sector Energy Services and Equipment
Employees2,531
Revenue 1.3B USD (2023)
DESCRIPTION

Helix Energy Solutions is an international offshore energy company that provides specialty services to the offshore energy industry with a focus on our growing well intervention and robotics operations. Helix Energy Solutions was founded in 1979 and is based in Houston, Texas.


DEAL STATS #
Overall 2 of 2
Sector (Energy Services and Equipment) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Louisiana) 1 of 1
Country (United States) 2 of 2
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-15 Deepwater Gateway

Houston, Texas, United States

Deepwater Gateway, LLC is a provider of offshore energy services company that provides specialty services to the offshore energy industry

Sell -