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M&A Deal Summary

ION Acquires Pelton Company

On December 1, 2000, ION acquired electrical equipment company Pelton Company

Acquisition Highlights
  • This is ION’s 1st transaction in the Electrical Equipment sector.
  • This is ION’s 3rd transaction in the United States.
  • This is ION’s 1st transaction in Oklahoma.

M&A Deal Summary
Date 2000-12-01
Target Pelton Company
Sector Electrical Equipment
Buyer(s) ION
Deal Type Add-on Acquisition

Target

Pelton Company

Ponca City, Oklahoma, United States
Pelton Company, Inc. is a manufactures of seismic vibrator control systems.

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Buyer(S) 1

Buyer

ION

Houston, Texas, United States
Category Company
Founded 1968
Sector Energy Services and Equipment
Employees360
Revenue 123M USD (2020)
DESCRIPTION

ION is a provider of technology-driven energy equipment solutions to the global oil & gas industry. ION was founded in 1968 and is based in Houston, Texas.

DEAL STATS #
Overall 3 of 10
Sector: Electrical Equipment M&A 1 of 4
Type: Add-on Acquisition M&A Deals 3 of 8
State: Oklahoma M&A 1 of 1
Country: United States M&A 3 of 5
Year: 2000 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-01-01 DigiCOURSE

Harahan, Louisiana, United States

DigiCOURSE, Inc. is a manufacturer of Marine Systems products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-07-23 AXIS Geophysics

Denver, Colorado, United States

AXIS Geophysics, Inc., is a seismic data service company. It provides specialized data processing and integration services to major and independent exploration and production companies.

Buy $3M
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