M&A Deal Summary

Oil States Industries Acquires Quality Connector Systems

On December 2, 2013, Oil States Industries acquired energy services and equipment company Quality Connector Systems

Acquisition Highlights
  • This is Oil States Industries’ 2nd transaction in the Energy Services and Equipment sector.
  • This is Oil States Industries’ 3rd transaction in the United States.
  • This is Oil States Industries’ 2nd transaction in Texas.

M&A Deal Summary

Date 2013-12-02
Target Quality Connector Systems
Sector Energy Services and Equipment
Buyer(s) Oil States Industries
Deal Type Add-on Acquisition
Advisor(s) GulfStar Group (Financial)

Target

Quality Connector Systems

Houston,, Texas, United States
Quality Connector Systems LLC is a designer, enginer, manufacturer and delivers deepwater and shallow water connector solutions to the subsea pipeline industry in the U.S. and internationally.

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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 3 of 3
Sector: Energy Services and Equipment M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
State: Texas M&A 2 of 2
Country: United States M&A 3 of 3
Year: 2013 M&A 1 of 1
PREVIOUS 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