M&A Deal Summary

International Oilfield Services Acquires Permian NDT

On September 26, 2012, International Oilfield Services acquired test/measurement equipment company Permian NDT

Acquisition Highlights
  • This is International Oilfield Services’ 1st transaction in the Test/Measurement Equipment sector.
  • This is International Oilfield Services’ 2nd transaction in the United States.
  • This is International Oilfield Services’ 1st transaction in Texas.

M&A Deal Summary

Date 2012-09-26
Target Permian NDT
Sector Test/Measurement Equipment
Buyer(s) International Oilfield Services
Deal Type Add-on Acquisition

Target

Permian NDT

Odessa, Texas, United States
Permian NDT is a premier provider of non-destructive testing and inspection services to midstream oil and gas companies as well as customers in the nuclear, civil infrastructure and defense industries.

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Buyer(S) 1

Buyer

International Oilfield Services

Youngsville, Louisiana, United States

Category Company
Founded 1991
Sector Energy Services and Equipment
DESCRIPTION

International Oilfield Services provides non-destructive testing, inspection and cleaning services for tubular products and tools used in oil and gas drilling and production.


DEAL STATS #
Overall 2 of 2
Sector: Test/Measurement Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Texas M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2012 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-31 Mike’s Pipe Inspection

Liberal, Kansas, United States

Mike’s Pipe Inspection, Inc. provides mobile, on-site NDT, inspection and cleaning services for drill pipe and drill collars, heavyweight drill pipe and other tubular goods within the oilfield industry.

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