M&A Deal Summary

Madison Industries Acquires Centek

On January 26, 2018, private equity firm Madison Industries acquired oil/gas exploration company Centek

Acquisition Highlights
  • This is Madison Industries’ 1st transaction in the Oil/Gas Exploration sector.
  • This is Madison Industries’ 27th transaction in the United States.
  • This is Madison Industries’ 1st transaction in Oklahoma.

M&A Deal Summary
Date 2018-01-26
Target Centek
Sector Oil/Gas Exploration
Buyer(s) Madison Industries
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) CMS Legal (Legal)

Target

Centek

Oklahoma, Oklahoma, United States
Centek is a leading innovator and manufacturer of casing solutions for the global Oil & Gas industry. Customers rely on Centek for products that are critical to securing drilling holes in the most complex onshore and offshore environments. Centek was founded in 2001 and is based in Oklahoma City.

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Buyer(S) 1

Buyer

Madison Industries

Chicago, Illinois, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1994
Size Large
Type Sector Focused
DESCRIPTION

Madison Industries is a privately held investment holding firm that targets growth investments in and acquisitions of industrial manufacturing companies. Madison prefers businesses with a defensible market niche, established technology, and significant cash-flow growth potential. Madison will also consider turnaround situations. Target opportunities generally have sales between $50 million and $2 billion. Madison Industries is based in Chicago, Illinois.

DEAL STATS #
Overall 31 of 47
Sector (Oil/Gas Exploration) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 13 of 21
State (Oklahoma) 1 of 2
Country (United States) 27 of 39
Year (2018) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-16 Reelcraft

Columbia, Indiana, United States

Reelcraft is a global designer and manufacturer of the widest range of hose, cord and cable reels for industrial, commercial and professional applications. Reelcraft’s key focus is to produce durable, quality products that make hoses, cords and cables more productive, keep them easily accessible and make them last longer. Reelcraft was founded in 1971 and is based in Columbia, Indiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-05 SageRider

Stafford, Texas, United States

SageRider is an independent oil & gas service company focused on technical solutions designed to help you get the most from your asset. SageRider specializes in sub surface surveillance technology, stimulation and completion tools, temperature & pressure sensor systems as well as reservoir evaluation, fiber optics and data collection services. SageRider was founded in 2008 and is based in Stafford, Texas.

Buy -
Mergr

Product

Company

Legal