Trican Well Service - M&A Summary and Business Overview

Energy Services And EquipmentCompany

Trican Well Service M&A Summary

Trican Well Service has acquired 2 companies. It has also divested 2 assets.

Trican Well Service’s largest acquisition to date was in 2017, when it acquired Canyon Services Group for $637M. It’s largest disclosed sale occurred in 2016, when it sold Trican Well Service - U.S. Assets to Keane Group for $247M. Trican Well Service has acquired in 1 US state, and 2 countries. The Company’s most targeted sectors include business services (50%) and energy services and equipment (50%).

Trican Well Service Business Overview

Where is Trican Well Service headquartered?

Trican Well Service is headquartered in Calgary, Alberta.

What is Trican Well Service’s revenue?

Trican Well Service disclosed revenue of 866M CAD for 2022 and 562M CAD for 2021.

How many employees does Trican Well Service have?

Trican Well Service has 804 employees.

What sector is Trican Well Service in?

Trican Well Service is an energy services and equipment company.

When was Trican Well Service founded?

Trican Well Service was founded in 1979.

M&A Summary

  • M&A Total Activity4
    • M&A Buy Activity2
    • M&A Sell Activity2
  • Total Sectors Invested 2
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 2
  • M&A Advisors 2

Trican Well Service

Trican Well Service Ltd.

645 – 7th Avenue SW Suite 2900,
Calgary, Alberta T2P 4G8
Canada,
(403) 266-0202
www.tricanwellservice.com

Trican Well Service is a provider of specialized products, equipment and services that are used during the exploration and development of oil and gas reserves. Trican Well Service was founded in 1979 and is based in Calgary, Canada.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 2 - - - - - 2
vol $637M $637M
Sell (0.0/yr) # 2 - - - - - 2
vol $288M $288M
  4

Most Recent M&A

Company Date Value Type
Canyon Services Group, Inc. 2017-03-22 637M USD Add-on Acquisition
Calgary, Alberta · www.canyontech.ca
Trican Well Service Ltd. - Completion Tools Business 2016-06-01 41M CAD Divestiture
Calgary, Alberta
Trican Well Service - U.S. Assets 2016-01-26 247M USD Divestiture
, United States
Liberty Pressure Pumping LP 2007-02-02 - Add-on Acquisition
Houston, Texas
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Energy Services and Equipment 1 (50%) 637M (100%) 1 (50%) 247M (86%)
Business Services 1 (50%) - - -
Machinery - - 1 (50%) 41M (14%)
Total 2 $637M 2 $288M

By Geo

State/Country Buy Value Sell Value
Canada 1 637M 1 41M
  Alberta 1 637M 1 41M
United States 1 - 1 247M
  Texas 1 - - -
Domestic 1 (50%) 637M (100%) 1 (50%) 41M (14%)
Cross-border 1 (50%) - 1 (50%) 247M (86%)
Total 2 $637M 2 $288M

Top M&A Advisors

Financial Deals
Scotia Capital, Inc. (Scotiabank - Global Banking and Markets)
 1
Legal Deals
Blake, Cassels & Graydon LLP
 1

Deal Values

buy # Total
$100M to $1B 1 $637M
TOTAL $637M
Largest Canyon Services Group, Inc.
$637M (2017-03-22)
sell # Total
$100M to $1B 1 $247M
< $100M 1 $41M
TOTAL $288M
Largest Trican Well Service - U.S. Assets
$247M (2016-01-26)

M&A Connections

Deals
Divested to
Strategic(s)
100%
2 (100%)

Company Summary

SECTOR

Energy Services and Equipment

Revenue

866   55% 2022
562   42% 2021
397   38% 2020
636   30% 2019
901   4% 2018
930   187% 2017
325   73% 2016
1,188   57% 2015
2,704   2014
(millions of CAD) Show More Show Less

Employees

804

Established

1979

Public

Toronto (TSX): TCW

 Subscribe to unlock this and 201,882
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.5K Private Equity Firms
  • 193K M&A Transactions
  • 197K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 75K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Trican Well Service

Alberta Companies , Energy Services and Equipment Companies , Canada Companies , Alberta Energy Services and Equipment Companies , Alberta Energy Services and Equipment with Acquisitions , Alberta Energy Services and Equipment with Divestitures

Related Lists for Alberta Companies

Largest Alberta Companies , Acquisitive Alberta Companies , Recently Acquired Alberta Companies , Recently Sold Alberta Companies , Private Alberta Companies , Public Alberta Companies , Acquired Alberta Companies , PE Backed Alberta Companies

Related Lists for Energy Services and Equipment Companies

Largest Energy Services and Equipment Companies , Acquisitive Energy Services and Equipment Companies , Recently Acquired Energy Services and Equipment Companies , Recently Sold Energy Services and Equipment Companies , Private Energy Services and Equipment Companies , Public Energy Services and Equipment Companies , Acquired Energy Services and Equipment Companies , PE Backed Energy Services and Equipment Companies

Related Lists for Canada Companies

Largest Canada Companies , Acquisitive Canada Companies , Recently Acquired Canada Companies , Recently Sold Canada Companies , Private Canada Companies , Public Canada Companies , Acquired Canada Companies , PE Backed Canada Companies
Mergr

Product

Company

Legal