M&A Deal Summary

Worley Acquires 3sun Group

On October 28, 2019, Worley acquired energy services and equipment company 3sun Group from BGF

Acquisition Highlights
  • This is Worley’s 6th transaction in the Energy Services and Equipment sector.
  • This is Worley’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2019-10-28
Target 3sun Group
Sector Energy Services and Equipment
Buyer(s) Worley
Sellers(s) BGF
Deal Type Add-on Acquisition

Target

3sun Group

Great Yarmouth, United Kingdom
3sun Group is a specialist provider of products and services to the global energy industry. 3sun Group was founded in 2007 and is based in Great Yarmouth, United Kingdom.

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Buyer(S) 1

Buyer

Worley

Sydney, Australia

Category Company
Founded 1971
Sector Engineering
Employees38,244
Revenue 11.2B AUD (2025)
DESCRIPTION
Entrance to WorleyParsons' office in Houston, Texas.
Entrance to WorleyParsons' office in Houston, Texas.

Worley is a provider of engineering, procurement, and construction to the energy industry. Worley also offers a range of consulting and advisory services. Worley was formed in 1971 and is based in Sydney, Australia.


DEAL STATS #
Overall 12 of 12
Sector: Energy Services and Equipment M&A 6 of 6
Type: Add-on Acquisition M&A Deals 6 of 6
Country: United Kingdom M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-19 New Zealand Oil Services

Wellington, New Zealand

New Zealand Oil Services Ltd. core business is the safe operation, maintenance, and development of our energy storage terminals across New Zealand. The company provides expert terminal services and product management via shipping and truck loadings.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-08 Energy Resourcing

Perth, Australia

Energy Resourcing is a global workforce provider, partnering with clients, contractors, and candidates in the energy sectors for over 20 years. With a range of innovative recruitment and managed services, it is a diverse and globally integrated service provider to some of the world’s leading companies in the oil and gas, power, renewable energy, chemicals, petrochemicals, refining, mining, and construction industries. Energy Resourcing is based in Perth, Australia.

Sell -

Seller(S) 1

SELLER

BGF

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 2011
PE ASSETS 2.5B GBP
Size Large
Type Sector Agnostic
DESCRIPTION

Business Growth Fund (BGF) is a private investment firm focused on early and growth-stage investing across the UK. The Firm also invests in publicly traded companies. BGF's growth team looks to invest £1 to £15 million in small to mid-sized companies looking for additional capital to pursue growth. BGF was established in 2011 and is headquartered in London.


DEAL STATS #
Overall 30 of 131
Sector: Energy Services and Equipment M&A 2 of 3
Type: Add-on Acquisition M&A Deals 16 of 70
Country: United Kingdom M&A 29 of 125
Year: 2019 M&A 8 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-14 TCL Group

Little Eaton, United Kingdom

TCL Group is one of the major landscape services, estate management and play space service providers in the UK. However, TCL Group is much more than this. TCL Group's strength is in designing, creating and maintaining outdoor spaces in which people want to live, relax, work and play.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-04 Thames Technology

Essex, United Kingdom

Thames Technology manufactures, personalizes, and fulfills plastic cards for customers all over the world from its MasterCard and Visa certified secure site in the UK. Thames Technology was founded in 1995 and is based in Essex, England.

Sell -