M&A Deal Summary

SPL Acquires DHL Analytical

On March 18, 2024, SPL acquired business services company DHL Analytical

Acquisition Highlights
  • This is SPL’s 3rd transaction in the Business Services sector.
  • This is SPL’s 8th transaction in the United States.
  • This is SPL’s 5th transaction in Texas.

M&A Deal Summary

Date 2024-03-18
Target DHL Analytical
Sector Business Services
Buyer(s) SPL
Deal Type Add-on Acquisition

Target

DHL Analytical

Round Rock, Texas, United States
DHL Analytical is an environmental laboratory that provides analytical testing services. DHL Analytical was founded in 1992 and is based in Round Rock Texas.

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Buyer(S) 1

Buyer

SPL

The Woodlands, Texas, United States

Category Company
Founded 1944
Sector Business Services
DESCRIPTION

SPL is an independent provider of critical outsourced hydrocarbon measurement, analysis, and reporting services for oil and gas production and transport in the United States. The Company provides a comprehensive suite of gas and liquid laboratory tests and related field services from its network of 8 labs and 14 field service locations across the U.S. SPL’s test and measurement services enable its customers to evaluate the composition of the hydrocarbons they are producing to fine-tune production from wells, market products downstream, meet regulatory reporting requirements, and ensure accurate payment of royalties to leaseholders. SPL was founded in 1944 and is based in The Woodlands, Texas.


DEAL STATS #
Overall 9 of 9
Sector: Business Services M&A 3 of 3
Type: Add-on Acquisition M&A Deals 7 of 7
State: Texas M&A 5 of 5
Country: United States M&A 8 of 8
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-11 Volumetrics

United States

Volumetrics is a provider of precision flow meter verification, that provides customers with accurate flow data and validation of measurement system integrity.

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