M&A Deal Summary

Superior Offshore International Acquires Ocean Flow International

On October 23, 2007, Superior Offshore International acquired energy services and equipment company Ocean Flow International for 15M USD

Acquisition Highlights
  • This is Superior Offshore International’s 1st transaction in the Energy Services and Equipment sector.
  • This is Superior Offshore International’s largest (disclosed) transaction.
  • This is Superior Offshore International’s 1st transaction in the United States.
  • This is Superior Offshore International’s 1st transaction in Texas.
Investment Fate
  • Ocean Flow International was divested to a consortium of strategic buyers in 2009.

M&A Deal Summary

Date 2007-10-23
Target Ocean Flow International
Sector Energy Services and Equipment
Buyer(s) Superior Offshore International
Deal Type Add-on Acquisition
Deal Value 15M USD

Target

Ocean Flow International

Houston, Texas, United States
Ocean Flow International LLC is a deepwater subsea project engineering and offshore project management services firm.

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Buyer(S) 1

Buyer

Superior Offshore International

Houston, Texas, United States

Category Company
Founded 1986
Sector Energy Services and Equipment
DESCRIPTION

Superior Offshore International, Inc. is a provider of subsea construction and commercial diving services to the offshore oil and gas industry, serving operators internationally and domestically in the outer continental shelf of the U.S. Gulf of Mexico.


DEAL STATS #
Overall 1 of 1
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2007) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-08-14 Ocean Flow International

Houston, Texas, United States

Ocean Flow International LLC is a deepwater subsea project engineering and offshore project management services firm.

Sell -