M&A Deal Summary

Secure Energy Services Acquires Frontline Integrated Services

On April 1, 2013, Secure Energy Services acquired energy services and equipment company Frontline Integrated Services for 23M USD

Acquisition Highlights
  • This is Secure Energy Services’ 4th transaction in the Energy Services and Equipment sector.
  • This is Secure Energy Services’ 7th largest (disclosed) transaction.
  • This is Secure Energy Services’ 5th transaction in Canada.
  • This is Secure Energy Services’ 5th transaction in Alberta.

M&A Deal Summary
Date 2013-04-01
Target Frontline Integrated Services
Sector Energy Services and Equipment
Buyer(s) Secure Energy Services
Deal Type Add-on Acquisition
Deal Value 23M USD

Target

Frontline Integrated Services

Calgary, Alberta, Canada
Frontline is an integrated service provider servicing the energy, resource, and civil construction industries in Western Canada. Their core services include pipeline integrity (including inspection, excavation, repair, replacement and rehabilitation); remediation and reclamation; demolition and decommissioning.

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Buyer(S) 1

Buyer

Secure Energy Services

Calgary, Alberta, Canada
Category Company
Founded 2007
Sector Oil/Gas Exploration
Employees1,847
Revenue 8.2B CAD (2023)
DESCRIPTION

Secure Energy Services is a energy services company that focuses on providing specialized services to upstream oil and natural gas companies operating in the Western Canadian Sedimentary Basin. Secure Energy Services was incorporated in 2007 and is based in Calgary, Canada.

DEAL STATS #
Overall 5 of 9
Sector (Energy Services and Equipment) 4 of 7
Type (Add-on Acquisition) 3 of 7
State (Alberta) 5 of 8
Country (Canada) 5 of 8
Year (2013) 1 of 2
Size (of disclosed) 7 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-30 Emerge Oil & Gas - Silverdale Crude Oil and Emulsion Facility

Lloydminster, Alberta, Canada

Emerge Oil & Gas - Silverdale Crude Oil and Emulsion Facility comprises crude oil unload risers, tankage, two heavy oil treaters, two disposal wells, and a connected pipeline. The asset is located in Lloydminster, Canada.

Buy $18M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-04 Target Rentals

Grande Prairie, Alberta, Canada

Target is a privately owned oilfield service company offering a line of rental equipment and support services for both the drilling and completions sectors. Target's fluid storage tank system has numerous cost saving, safety, and operational advantages over a traditional 400-barrel tank setup. Target's current fleet of 340 tanks is the largest of its kind in the WCSB.

Buy $40M
Mergr

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