M&A Deal Summary

Orbital Energy Services Acquires Century Turbine Repair

On November 22, 2013, Orbital Energy Services acquired business services company Century Turbine Repair

Acquisition Highlights
  • This is Orbital Energy Services’ 1st transaction in the Business Services sector.
  • This is Orbital Energy Services’ 2nd transaction in the United States.
  • This is Orbital Energy Services’ 1st transaction in Missouri.

M&A Deal Summary

Date 2013-11-22
Target Century Turbine Repair
Sector Business Services
Buyer(s) Orbital Energy Services
Deal Type Add-on Acquisition

Target

Century Turbine Repair

Pevely, Missouri, United States

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Buyer(S) 1

Buyer

Orbital Energy Services

Gainesville, Georgia, United States

Category Company
Founded 1996
Sector Business Services
DESCRIPTION

Orbital Energy Services is a provider of inspections, in-house, and on-site machining and repair services, shaft and journal repairs, fan shaft restoration, and steam valve repairs for utilities and power generation clients. The company services the Utilities, Pulp and Paper, Municipal Power, and Turbine/Valve OEM industries. OTT deploys experienced field technicians, field service equipment, and numerous portable machine shops to handle both planned outages and emergency work. The company also performs advanced in-house and on-site machining to remove and replace repaired parts, optical and laser alignment, reverse engineering, and turbine part replacement. Orbital Energy Services was founded in 1996 and is based in Gainesville, Georgia.


DEAL STATS #
Overall 2 of 2
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Missouri M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-13 Turbine Engineering Concepts

Gainesville, Georgia, United States

Turbine Engineering Concepts, Inc. is a provider of fabrication inspection and repair services.

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