M&A Deal Summary |
|
|---|---|
| Date | 2025-09-01 |
| Target | Terrex Seismic |
| Sector | Oil/Gas Exploration |
| Buyer(s) | SAE |
| Sellers(s) | Allegro Funds |
| Deal Type | Add-on Acquisition |
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SAE is an oilfield services company offering a full range of vertically integrated seismic data acquisition and support services worlwide. In addition to the acquisition of 2D, 3D, time-lapse 4D, and multi-component seismic data on land, in transition zones, and offshore in depths reaching 3,000 meters, the company provides logistical support services, such as program design, planning and permitting, camp services and infrastructure, surveying, drilling, environmental assessment and reclamation, and community relations. It operates crews around the world, performing major projects for its blue-chip customer base, including major IOCs, NOCs, and large independent oil and gas exploration companies. SAE is headquartered in Stafford, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Oil/Gas Exploration M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| Country: Australia M&A | 1 of 1 |
| Year: 2025 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-09-12 |
inApril
Lillestrøm, Norway inApril is a seabed seismic equipment supplier, delivering ocean bottom nodes (OBN) and fully automated OBN back deck handling systems. The company's solutions offer a step change in the safe and efficient operation of seabed seismic surveys by providing cost-effective technology options needed for exploring and developing hydrocarbon reserves. inApril is based in Norway, with offices in Bergen, Trondheim, and Oslo. |
Buy | - |
| Category | Distressed Investor |
|---|---|
| Founded | 2004 |
| PE ASSETS | 4.8B AUD |
| Size | Large |
| Type | Sector Agnostic |
Allegro Funds is an independent private equity firm focused on mid-sized investment opportunities in Australia and New Zealand. The Firm will consider investing in businesses needing capital for growth, management buyouts, as well as more complex turnarounds and restructurings. Allegro's target investment size is A$10 to A$100 million in transactions valued up to A$300 million. Allegro is a generalist investor, however the Firm will not invest in property development, agriculture, or mining/exploration. Allegro Funds was formed in 2004 and is based in Sydney.
| DEAL STATS | # |
|---|---|
| Overall | 16 of 16 |
| Sector: Oil/Gas Exploration M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 7 of 7 |
| Country: Australia M&A | 13 of 13 |
| Year: 2025 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-04-07 |
Questas
Norwest, Australia Questas is an independent, pure-play hydraulics company comprising a group of associated companies operating through a national branch network to provide hydraulic, irrigation, pump, and engine solutions to the mining, construction, agricultural, and general industrial sectors. Questas was founded in 1996 and is based in Norwest, Australia. |
Sell | - |
