7 Acquisitions in the Oil and Gas industry - Flippa

Company acquisitions in the Oil and Gas industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 7 acquisitions that took place in the Oil and Gas industry.

Allied Power acquired by Bernhard Capital Partners Management

Details about the transaction:

Acquisition amount: $40,000,000

Announcement: 1 December 2020

Details about the company:

The whole asset life cycle of a power plant is covered by the full range of services offered by Allied Power.

Headquarter:

Where to find them: Website

Industry: Energy, Energy Efficiency, Oil and Gas

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Beide Petroleum acquired by Panzhihua Bingyang Technology

Details about the transaction:

Acquisition amount: $2,225,787

Announcement: 1 December 2022

Details about the company:

Acid fracturing additives are made by the research and development company Beide Petroleum.

Headquarter:

Where to find them: Website

Industry: Manufacturing, Mining, Oil and Gas

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Discovery Downhole Services acquired by Cathedral Energy Services

Details about the transaction:

Acquisition amount: $16,333,582

Announcement: 11 February 2022

Details about the company:

Tools, equipment, and services for drilling applications in the oil and gas sectors are offered by Discovery Downhole Services.

Headquarter:

Where to find them: Website

Industry: Energy, Industrial Automation, Industrial Engineering, Oil and Gas

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Joule Processing acquired by Plug Power

Details about the transaction:

Acquisition amount: $30,000,000

Announcement: 25 January 2022

Details about the company:

For the treatment, processing, and handling of liquids using natural gas, Joule Processing offers custom-engineered equipment solutions.

Headquarter:

Where to find them: Website

Industry: Energy, Manufacturing, Oil and Gas

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Keystone Royalty acquired by Topaz Energy

Details about the transaction:

Acquisition amount: $85,000,000

Announcement: 31 March 2022

Details about the company:

The Keystone Group of Companies runs businesses that provide services for oil and natural gas exploration.

Headquarter:

Where to find them: Website

Industry: Energy, Oil and Gas

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Producers Service Corporation acquired by ProFrac Services

Details about the transaction:

Acquisition amount: $35,000,000

Announcement: 3 January 2023

Details about the company:

Oil and energy company Producers Service Corporation offers services for acidizing and fracturing.

Headquarter:

Where to find them: Website

Industry: Energy, Oil and Gas

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

SEAT acquired by Hangzhou Oxygen Plant Group

Details about the transaction:

Acquisition amount: $31,719,149

Announcement: 8 December 2022

Details about the company:

SEAT produces gases for electronic materials of the highest quality.

Headquarter:

Where to find them: Website

Industry: Chemical, Electronics, Manufacturing, Oil and Gas

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Ray is the VP of Sales at Flippa and has a passion for helping buyers find their dream digital asset, and helping sellers find a successful pathway to exit. Ray is motivated to create a more intuitive way to buy and sell online businesses, with success in managing multi-million dollar deals.

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