M&A Deal Summary

Variperm Energy Services Acquires RGL

On July 29, 2021, Variperm Energy Services acquired energy services and equipment company RGL

Acquisition Highlights
  • This is Variperm Energy Services’ 1st transaction in the Energy Services and Equipment sector.
  • This is Variperm Energy Services’ 1st transaction in Canada.
  • This is Variperm Energy Services’ 1st transaction in Alberta.

M&A Deal Summary

Date 2021-07-29
Target RGL
Sector Energy Services and Equipment
Buyer(s) Variperm Energy Services
Deal Type Add-on Acquisition

Target

RGL

Calgary, Alberta, Canada
RGL is an international engineering, manufacturing, and service company specializing in sand control and flow control technologies. The company offers a full range of sand control, flow control, and downhole completion tools, as well as a suite of reservoir management tools. RGL was established in 2001 and is based in Alberta, Canada.

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Buyer(S) 1

Buyer

Variperm Energy Services

Calgary, Alberta, Canada

Category Company
Founded 1969
Sector Energy Services and Equipment
DESCRIPTION

Variperm Energy Services is a sand control products and services company specializing in custom filtration screens, flow control technology, gravel pack services, supply of quality cased hole fishing tools and services, well abandonment solutions, and a full suite of completion and work-over tools. Variperm Energy Services was founded in 1969 and is based in Calgary, Alberta.


DEAL STATS #
Overall 1 of 1
Sector: Energy Services and Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Alberta M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2021 M&A 1 of 1