M&A Deal Summary

Viridien Acquires Taurus Reservoir Solutions

On April 22, 2015, Viridien acquired engineering company Taurus Reservoir Solutions

Acquisition Highlights
  • This is Viridien’s 2nd transaction in the Engineering sector.
  • This is Viridien’s 1st transaction in Canada.
  • This is Viridien’s 1st transaction in Alberta.

M&A Deal Summary
Date 2015-04-22
Target Taurus Reservoir Solutions
Sector Engineering
Buyer(s) Viridien
Deal Type Add-on Acquisition

Target

Taurus Reservoir Solutions

Calgary, Alberta, Canada
Taurus Reservoir Solutions Ltd. is a consulting company providing high-technology, high quality reservoir and geomechanical simulation and engineering services. Taurus specializes in petroleum and geomechanics simulation ranging from single-well to large field-scale problems.

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Buyer(S) 1

Buyer

Viridien

Massy, France
Category Company
Founded 1931
Sector Oil/Gas Exploration
Employees3,500
Revenue 1.1B USD (2023)
DESCRIPTION

Viridien is a fully integrated Geoscience company providing geological, geophysical and reservoir capabilities to its broad base of customers primarily from the global oil and gas industry. Through its three complementary business divisions of Equipment, Acquisition and Geology, Geophysics & Reservoir (GGR), Viridien brings value across all aspects of natural resource exploration and exploitation. Viridien was founded in 1931 and is based in Massy, France.

DEAL STATS #
Overall 6 of 7
Sector (Engineering) 2 of 2
Type (Add-on Acquisition) 5 of 5
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-01 TerraSpark GeoScience

Westminster, Colorado, United States

A software company founded in 2005, TerraSpark Geosciences leverages its unique blend of upstream industry experience, geoscience expertise, and computer science skills to deliver groundbreaking software solutions for seismic data interpretation, seismic data processing, directional well-path planning, and 3-D visualization.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-06 Compagnie Generale de Geophysique Veritas SA - Multi-Physics Business

Paris, France

Compagnie Generale de Geophysique Veritas SA's Multi-Physics Business provides high-end land electromagnetic processing and imaging services.

Sell -
Mergr

Product

Company

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