M&A Deal Summary

PennWell Acquires The Pipeline + Energy Expo

On March 22, 2016, PennWell acquired energy services and equipment company The Pipeline + Energy Expo from Vaculift

Acquisition Highlights
  • This is PennWell’s 3rd transaction in the Energy Services and Equipment sector.
  • This is PennWell’s 6th transaction in the United States.
  • This is PennWell’s 2nd transaction in Oklahoma.

M&A Deal Summary

Date 2016-03-22
Target The Pipeline + Energy Expo
Sector Energy Services and Equipment
Buyer(s) PennWell
Sellers(s) Vaculift
Deal Type Divestiture

Target

The Pipeline + Energy Expo

Tulsa, Oklahoma, United States
The Pipeline + Energy Expo is a provider of energy services to oil and gas industry.

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Buyer(S) 1

Buyer

PennWell

Tulsa, Oklahoma, United States

Category Company
Founded 1910
Sector Marketing
DESCRIPTION

PennWell Corp. is a business-to-business media and marketing services company that provides quality content and integrated marketing solutions for the following industries: Electric power generation and delivery, hydropower, renewable energy, water and wastewater, oil & gas, electronics, optoelectronics, fiber-optics, aerospace and avionics, LEDs and lighting, fire and emergency services, and dental. PennWell Corp. was formed in 1910 and is based in Tulsa, Oklahoma.


DEAL STATS #
Overall 7 of 7
Sector (Energy Services and Equipment) 3 of 3
Type (Divestiture) 3 of 3
State (Oklahoma) 2 of 2
Country (United States) 6 of 6
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-14 Revo Media Partners Limited

London, United Kingdom

Revo Media Partners Limited is the producer of LuxLive, the UK's largest dedicated lighting event, and publishes Lux Magazine and Lux Review, two trade publications in the energy efficiency lighting space.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-22 PennWell - Media Properties

United States

PennWell Corp. - Media Properties include titles covering the oil and gas industry, industrial technology, dentistry, and water utilities.

Sell -

Seller(S) 1

SELLER

Vaculift

Tulsa, Oklahoma, United States

Category Company
Founded 1999
Sector Machinery
DESCRIPTION

Vaculift, Inc. (dba Vacuworx) is a manufacturer of heavy-duty lifting equipment for the oil, gas, water, sewer, utility, and road construction industries.


DEAL STATS #
Overall 1 of 1
Sector (Energy Services and Equipment) 1 of 1
Type (Divestiture) 1 of 1
State (Oklahoma) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1