M&A Deal Summary

Oil States Industries Acquires Acute Technological Services

On October 5, 2010, Oil States Industries acquired engineering company Acute Technological Services from The Stephens Group for 30M USD

Acquisition Highlights
  • This is Oil States Industries’ 1st transaction in the Engineering sector.
  • This is Oil States Industries’ 2nd largest (disclosed) transaction.
  • This is Oil States Industries’ 1st transaction in the United States.
  • This is Oil States Industries’ 1st transaction in Texas.

M&A Deal Summary
Date 2010-10-05
Target Acute Technological Services
Sector Engineering
Buyer(s) Oil States Industries
Sellers(s) The Stephens Group
Deal Type Add-on Acquisition
Deal Value 30M USD

Target

Acute Technological Services

Houston, Texas, United States
Acute Technological Services, Inc. is a provider of metallurgical and welding innovations to the oil and gas industry in support of critical, complex subsea component manufacturing and deepwater riser fabrication on a global basis.

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Buyer(S) 1

Buyer

Oil States Industries

Arlington,, Texas, United States
Category Company
Founded 1942
Sector Energy Services and Equipment
DESCRIPTION

Oil States Industries operates in four market segments: Offshore Oil and Gas, Land Oil and Gas, Defense and General Industry. These four markets are serviced by Oil States' three divisions: the Offshore Construction Group, the Elastomer Group and the Marine Pipelines Group.

DEAL STATS #
Overall 1 of 3
Sector (Engineering) 1 of 1
Type (Add-on Acquisition) 1 of 3
State (Texas) 1 of 2
Country (United States) 1 of 3
Year (2010) 1 of 1
Size (of disclosed) 2 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-02 Piper Valve Systems

Oklahoma City,, Oklahoma, United States

Piper Valve Systems, Inc.designs and manufactures high pressure valves and manifold components for oil and gas industry projects located offshore, onshore and subsea.

Buy $48M

Seller(S) 1

SELLER

The Stephens Group

Little Rock, Arkansas, United States

Investor Investor Investor Investor Investor

Category Family Office
Founded 1933
PE ASSETS 1.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION

The Stephens Group is a private investment firm focused on long-term investments in mid-sized companies. The Firm looks to partner with management teams when pursuing acquisitions. Sectors of interest include energy, energy services, business services, industrials, consumer products, consumer services, financial services, healthcare, technology, media, and communications. The Stephens Group was originally established in 1933 and is headquartered in Little Rock, Arkansas.

DEAL STATS #
Overall 8 of 28
Sector (Engineering) 1 of 2
Type (Add-on Acquisition) 3 of 12
State (Texas) 4 of 11
Country (United States) 7 of 25
Year (2010) 1 of 1
Size (of disclosed) 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-14 vXchnge Operating

Tampa, Florida, United States

vXchnge Operating is a provider of IT relates services. vXchnge delivers unmatched reliability, scalability and security as well as a proprietary infrastructure management platform offering true data center transparency. vXchnge is based in Tampa, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-01 Precision Therapeutics

Pittsburgh, Pennsylvania, United States

Precision Therapeutics, Inc. provides personalized cancer management services. The company offers personalized cancer management information and customized pre-clinical drug testing services to the medical and biopharmaceutical community. Its ChemoFx assay assists physicians in evaluating optimal therapy options for individual patients. Precision Therapeutics is based in Pittsburgh, Pennsylvania.

Sell -
Mergr

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