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M&A Deal Summary

OFS International Acquires International Tubular Services - Pipe Services Assets

On April 5, 2013, OFS International acquired energy services and equipment company International Tubular Services - Pipe Services Assets from International Tubular Services

Acquisition Highlights
  • This is OFS International’s 1st transaction in the Energy Services and Equipment sector.
  • This is OFS International’s 1st transaction in the United States.
  • This is OFS International’s 1st transaction in Texas.

M&A Deal Summary
Date 2013-04-05
Target International Tubular Services - Pipe Services Assets
Sector Energy Services and Equipment
Buyer(s) OFS International
Sellers(s) International Tubular Services
Deal Type Divestiture

Target

International Tubular Services - Pipe Services Assets

Houston, Texas, United States
International Tubular Services Ltd. - Pipe Services Assets is a producer of more than 700 thousand joints of threaded pipe and around 250 thousand couplings. In addition, the facility provides pipe inspection services and manufactures down-hole tools and accessories for a wide range of oil and gas applications.

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Buyer(S) 1

Buyer

OFS International

Odessa, Texas, United States
Category Company
Founded 2012
Sector Energy Services and Equipment
DESCRIPTION

OFS International LLC is a provider of oilfield and tubular services to the oil and gas industry.

DEAL STATS #
Overall 1 of 1
Sector: Energy Services and Equipment M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2013 M&A 1 of 1

Seller(S) 1

SELLER

International Tubular Services

Aberdeen, United Kingdom
Category Company
Founded 1986
Sector Business Services
DESCRIPTION

International Tubular Services Ltd. is an international rental tools and well services company.

DEAL STATS #
Overall 1 of 1
Sector: Energy Services and Equipment M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2013 M&A 1 of 1
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