M&A Deal Summary |
|
|---|---|
| Date | 2013-12-09 |
| Target | Stream AS |
| Sector | Energy Services and Equipment |
| Buyer(s) | MRC Global |
| Sellers(s) | HitecVision |
| Deal Type | Add-on Acquisition |
| Deal Value | 260M USD |
| Advisor(s) | Baird (Financial) |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1921 |
| Sector | Distribution |
| Employees | 2,600 |
| Revenue | 3.0B USD (2024) |
MRC Global is a distributor of pipe, valve, and fitting products and services to the energy and industrial markets. MRC Global was founded in 1921 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector: Energy Services and Equipment M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 4 of 4 |
| Country: Norway M&A | 1 of 1 |
| Year: 2013 M&A | 2 of 2 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-12-09 |
Flangefitt Stainless
Warrington, United Kingdom Flangefitt Stainless Ltd. is a specialist stockholder and package supplier of high alloy pipe, fittings and flanges for the global energy markets. |
Buy | $28M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-12-16 |
MRC Global - Canada Operations
Alberta, Canada MRC Global's Canada Operations is a distributor of pipe and valves. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1985 |
| PE ASSETS | 8.0B EUR |
| Size | Mega |
| Type | Sector Agnostic |
HitecVision is a private equity firm specializing in buyouts and growth capital investments in the oil and gas industry. The Firm targets investments in middle-market companies throughout North America (primarily US) and Northern Europe (primarily Norway and the UK). HitecVision seeks companies with growth potential and unique technologies. The Firm looks to invest €150 to €500 million in companies. Specific areas of interest include drilling/down-hole, exploration/production, field development, mid- and downstream, and subsurface. HitecVision was formed in 1985 and is based in Stavanger. The Firm has additional offices in Oslo and Texas.
| DEAL STATS | # |
|---|---|
| Overall | 20 of 34 |
| Sector: Energy Services and Equipment M&A | 7 of 12 |
| Type: Add-on Acquisition M&A Deals | 9 of 17 |
| Country: Norway M&A | 16 of 25 |
| Year: 2013 M&A | 3 of 3 |
| Size (of disclosed) | 4 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-12-03 |
Delmar Systems & Vryhof
Schiedam, Netherlands Delmar Systems and Vryhof are the trusted partners to most offshore energy industry’s, delivering innovative and customer-focused anchoring and mooring solutions. Delmar Systems & Vryhof are committed to the highest standards of safety, integrity, and respect to the environment. Delmar Systems & Vryhof is based in Schiedam, Netherlands. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-12-23 |
DeepWell
Avaldsnes, Norway DeepWell is a well intervention company primarily providing wireline services to oil companies. DeepWell was founded in 2006 and is based in Avaldsnes, Norway. |
Buy | - |
