M&A Deal Summary |
|
|---|---|
| Date | 2012-03-09 |
| Target | Optima Solutions UK |
| Sector | Energy Services and Equipment |
| Buyer(s) | Tetra |
| Deal Type | Add-on Acquisition |
| Deal Value | 40M GBP |
| Advisor(s) | Ernst & Young Capital Advisors (Financial) |
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| Category | Company |
|---|---|
| Founded | 1981 |
| Sector | Energy Services and Equipment |
| Employees | 1,400 |
| Revenue | 599M USD (2024) |
Tetra is a geographically diversified oil and gas services company focused on completion fluids and associated products and services, water management, after-frac flow back, production well testing, offshore rig cooling, compression-based production enhancement, and selected offshore services, including well plugging and abandonment, decommissioning, and diving. Tetra was founded in 1981 and is based in The Woodlands, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 5 |
| Sector: Energy Services and Equipment M&A | 1 of 3 |
| Type: Add-on Acquisition M&A Deals | 2 of 4 |
| Country: United Kingdom M&A | 1 of 1 |
| Year: 2012 M&A | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-03-09 |
EPIC Divers & Marine
Belle Chasse, Louisiana, United States EPIC Divers & Marine LLC offers a full complement of commercial diving services and operates a fleet of marine vessels, including saturation dive units capable of supporting saturation diving up to 1,000 feet below sea level. |
Buy | $50M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-04-23 |
Patterson-UTI Energy - Flowback Operations
United States Patterson's flowback operations serve oil and gas operators in Appalachia and the U.S. Rockies from offices located in Pennsylvania, West Virginia and Colorado. |
Buy | $43M |
