M&A Deal Summary

Innova Global Acquires Braden Manufacturing

On October 12, 2017, Innova Global acquired energy services and equipment company Braden Manufacturing from Williams

Acquisition Highlights
  • This is Innova Global’s 1st transaction in the Energy Services and Equipment sector.
  • This is Innova Global’s 2nd transaction in the United States.
  • This is Innova Global’s 2nd transaction in Oklahoma.

M&A Deal Summary

Date 2017-10-12
Target Braden Manufacturing
Sector Energy Services and Equipment
Buyer(s) Innova Global
Sellers(s) Williams
Deal Type Divestiture

Target

Braden Manufacturing

Tulsa, Oklahoma, United States
Braden Manufacturing LLC is an international leader in the power generation industry for the design, manufacture, installation and retrofit of auxiliary equipment for gas turbines including filter houses, inlet cooling systems, anti-icing systems, intake silencers, expansion joints, diverter dampers, exhaust silencers, exhaust stacks and Selective Catalytic Reduction systems.

Search 214,238 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Innova Global

Calgary, Alberta, Canada

Category Company
Sector Engineering
DESCRIPTION

Innova Global Ltd. is a provider of acoustical consulting, noise abatement technology and gas-turbine auxiliary products for power generation, oil and gas, petrochemical and other industrial sites.


DEAL STATS #
Overall 2 of 2
Sector: Energy Services and Equipment M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
State: Oklahoma M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2017 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-07 Express Integrated Technologies - Liquidated Intellectual Property Assets

Tulsa, Oklahoma, United States

Express Integrated Technologies LLC - Liquidated Intellectual Property Assets is a provider of IT services in US.

Buy -

Seller(S) 1

SELLER

Williams

Atlanta, Georgia, United States

Category Company
Founded 1998
Sector Energy Services and Equipment
Employees1,264
Revenue 269M USD (2020)
DESCRIPTION

Williams is a designer, engineer and manufacturer of auxiliary equipment for gas turbines used in power plants and a variety of industrial applications. Williams was founded in 1998 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 3 of 3
Sector: Energy Services and Equipment M&A 2 of 2
Type: Divestiture M&A Deals 3 of 3
State: Oklahoma M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2017 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-17 Hetsco

Greenwood, Indiana, United States

Hetsco, Inc. is a provider of mission critical brazed aluminum heat exchanger ("BAHX") repair, maintenance and safety services to the industrial gas, liquefied natural gas ("LNG") and petrochemical industries.

Sell $22M