Add-on Acquisition • Internet Software and Services

PetroSkills Acquires Resource Development Company

On January 8, 2014, PetroSkills acquired internet software and services company Resource Development Company

Acquisition Context

This is PetroSkills’ 1st transaction in the Internet Software and Services sector.
This is PetroSkills’ 1st transaction in the United States.
This is PetroSkills’ 1st transaction in Michigan.

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M&A Deal Summary
Date	January 8, 2014
Target	Resource Development Company
Sector	Internet Software and Services
Buyer(s)	PetroSkills
Deal Type	Add-on Acquisition

Target Company

Resource Development Company

Birmingham, Michigan, United States

Resource Development Company LLC is a provider in process knowledge transfer solutions for most extensive library of web-based learning modules for addressing process manufacturing mandated, core competency, and unit operations knowledge requirements.

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Buyer Overview 1

Buyer

PetroSkills

Tulsa, Oklahoma, United States

Category	Company
Founded	1963
Sector	Business Services

DESCRIPTION

PetroSkills is a provider of human capital development solutions to engineers and other professionals in the oil and gas industry. PetroSkills delivers technical content, e-learning modules, and training courses covering over 200 subject disciplines across upstream, midstream, and downstream market segments and international energy companies. PetroSkills LLC was founded in 1963 and based in Tulsa, Oklahoma.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Internet Software and Services	1 of 1
Type: Add-on Acquisition	1 of 1
State: Michigan	1 of 1
Country: United States	1 of 1
Year: 2014	1 of 1

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