M&A Deal Summary |
|
|---|---|
| Date | 2024-09-03 |
| Target | Datagration |
| Sector | Information Technology |
| Buyer(s) | Weatherford |
| Sellers(s) |
Quantum Energy Partners
EIV Capital |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1972 |
| Sector | Energy Services and Equipment |
| Employees | 19,000 |
| Revenue | 5.5B USD (2024) |
Weatherford is a diversified international energy service and manufacturing company that provides a variety of services and equipment to the exploration, production, and transmission sectors of the oil and gas industry. The Company operates in virtually every oil and gas exploration and production region in the world and divides its business into two separate segments: Drilling Services and Production Systems. Weatherford was formed in 1972 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 16 of 16 |
| Sector: Information Technology M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 16 of 16 |
| State: Texas M&A | 8 of 8 |
| Country: United States M&A | 12 of 12 |
| Year: 2024 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-02-01 |
Probe Technologies
Fort Worth, Texas, United States Probe Technologies is a provider of cased hole logging and reservoir monitoring technology to the global oil and gas and geothermal industries. Probe Technologies was established in 1994 and is based in Fort Worth, Texas. |
Buy | $6M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 17.0B USD |
| Size | Mega |
| Type | Sector Focused |
Quantum Energy Partners is a specialist private equity firm focused on investments within the energy sector. Quantum's primary focus is on opportunities within the oil and gas upstream and midstream sectors, however, the Firm will also consider investments in oil field services and equipment, coal, power generation and transmission, and renewable/alternative energy. Quantum's target investment size is $100 to $400 million. Quantum invests in start-ups as well as established companies needing expansion capital. Quantum Energy Partners was formed in 1998 and is headquartered in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 26 of 26 |
| Sector: Information Technology M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 17 of 17 |
| State: Texas M&A | 14 of 14 |
| Country: United States M&A | 23 of 23 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-12-15 |
Rockcliff Energy
Houston, Texas, United States Rockcliff Energy is an upstream company focused on the acquisition, development, and exploitation of conventional and unconventional assets in the Ark-La-Tex and other unconventional resource plays in select U.S. basins. Rockcliff Energy is based in Houston, Texas. |
Sell | $2.7B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-11-14 |
Ovintiv - Uinta Basin assets
United States Ovintiv's Uinta Basin assets is a provider of an oil and gas exploration services across 126,000 net acres and production of 29 Mbbls/d. |
Buy | $2.0B |
EIV Capital Management is a private equity firm focused on the energy sector. EIV will invest at all company stages and will consider both control and minority positions. Specific areas of interest include oil/gas midstream infrastructure, oil/gas downstream infrastructure, oilfield services, LNG applications, and power generation. The Firm looks to invest $20 to to $80 million in transactions valued up to $200 million. EIV Capital Management was formed in 2009 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 5 |
| Sector: Information Technology M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 2 of 2 |
| State: Texas M&A | 2 of 2 |
| Country: United States M&A | 5 of 5 |
| Year: 2024 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-02-13 |
EcoVapor
Denver, Colorado, United States EcoVapor is a provider of vapor recovery and oxygen removal solutions at hydrocarbon production facilities. EcoVapor Recovery Systems was founded in 2010 and is based in Denver, Colorado. |
Sell | - |
