Investment Summary

Lime Rock Partners Invests In Archer

On June 1, 2009, private equity firm Lime Rock Partners invested in energy services and equipment company Archer

Investment Highlights
  • This is Lime Rock Partners’ 20th transaction in the Energy Services and Equipment sector.
  • This is Lime Rock Partners’ 5th transaction in Norway.

Investment Summary

Date 2009-06-01
Target Archer
Sector Energy Services and Equipment
Investor(s) Lime Rock Partners
Deal Type PIPE

Target

Archer

Sandnes, Norway
Archer is the well company, a global oilfield service company specializing in drilling services and well services. It employs over 7,000 people unified by a single purpose: building better wells to help its customers produce more oil and gas. Archer was founded in 2007 and is based in Sandnes, Norway.

Search 214,981 Deals Now

SEARCH BY

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

Try Free

Investor(S) 1

Investor

Lime Rock Partners

Westport, Connecticut, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1998
PE ASSETS 10.4B USD
Size Mega
Type Sector Focused
DESCRIPTION

Lime Rock Partners is a private investment firm focused on growth capital investments in the energy industry. Specifically, Lime Rock looks for companies engaged in exploration & production, energy service, and oil service technology in North America and Europe. Lime Rock's target investment size is $50 to $150 million in businesses valued up to $500 million. Lime Rock Partners was formed in 1998 and is affiliated with Lime Rock Resources. Lime Rock Partners has offices in Westport, Connecticut; Aberdeen, Scotland; and Houston, Texas.


DEAL STATS #
Overall 47 of 92
Sector: Energy Services and Equipment M&A 20 of 33
Type: PIPE M&A Deals 1 of 1
Country: Norway M&A 5 of 6
Year: 2009 M&A 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-03-01 Revelation Energy

Milton, West Virginia, United States

Revelation Energy is a coal mining company focused on surface mining. Revelation Energy was founded in 2009 and is based in Milton, West Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-07-01 Tesco

Houston, Texas, United States

Tesco Corp. design, manufacture and service of technology-based solutions for the upstream energy industry. Tesco Corp. was formed in 1966 and is based in Houston, Texas.

Buy -