1. Home >
  2. M&A >
  3. Divestiture >
  4. United States >
  5. Washington >
  6. Willbros Group Acquires UtilX

M&A Deal Summary

Willbros Group Acquires UtilX

On July 1, 2010, Willbros Group acquired information technology company UtilX from InfrastruX Group

Acquisition Highlights
  • This is Willbros Group’s 1st transaction in the Information Technology sector.
  • This is Willbros Group’s 2nd transaction in the United States.
  • This is Willbros Group’s 2nd transaction in Washington.
Investment Fate
  • UtilX was divested to a consortium of strategic buyers in 2015.

M&A Deal Summary
Date 2010-07-01
Target UtilX
Sector Information Technology
Buyer(s) Willbros Group
Sellers(s) InfrastruX Group
Deal Type Divestiture

Target

UtilX

Kent, Washington, United States
UtilX Corp. is a provider of IT services for energy infrastructure industry.

Search 215,029 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Willbros Group

Houston, Texas, United States
Category Company
Founded 1908
Sector Construction
Employees7,959
Revenue 732M USD (2016)
DESCRIPTION

Willbros Group, Inc. is a provider of energy infrastructure contractor serving the oil, gas, refining, petrochemical and power industries. Its offerings include engineering, procurement and construction (either individually or as an integrated EPC service offering), maintenance, facilities development and operations services.

DEAL STATS #
Overall 3 of 3
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
State: Washington M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2010 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-01 InfrastruX Group

Seattle, Washington, United States

InfrastruX Group LLC is a provider of end-to-end infrastructure construction services, primarily for the electric and natural gas utility end-markets.

Buy $360M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-19 UtilX

Kent, Washington, United States

UtilX Corp. is a provider of IT services for energy infrastructure industry.

Sell -

Seller(S) 1

SELLER

InfrastruX Group

Seattle, Washington, United States
Category Company
Founded 2000
Sector Energy Services and Equipment
DESCRIPTION

InfrastruX Group LLC is a provider of end-to-end infrastructure construction services, primarily for the electric and natural gas utility end-markets.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Washington M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2010 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-04-19 Trafford

Trafford, Pennsylvania, United States

Trafford Corp. is a provider of pipeline construction services to the natural gas industry.

Buy -
Mergr

Solution for

Product

Company

Legal