Enerflow Industries Inc. has been acquired by National Oilwell Varco
National Oilwell Varco has acquired Enerflow Industries Inc. for an undisclosed consideration.
Enerflow Industries is a technology powerhouse at the forefront of hydraulic fracturing. The company engineers and manufactures custom oilfield service equipment. Seeking a reduction in personal estate risks and the need to provide additional growth capital to meet demand, Enerflow Industries sought a strategic partner.
National Oilwell Varco is a 14-billion-dollar, worldwide leading provider of major mechanical components for land and offshore drilling rigs and related tools and equipment.
Oaklins' team in Dallas advised Enerflow's shareholders in connection with this transaction, initiating it and assisting in its closing, solving complex issues regarding price, working capital, personal goals and taxes.
Talk to the deal team
Bryan Livingston
Oaklins Capital Alliance
Related deals
Clearfield, Inc. has divested Nestor Cables Oy
Clearfield, Inc. has divested its subsidiary Nestor Cables Oy.
Learn moreExtramet has been acquired by ADMETOS
EXTRAMET AG has been acquired by an investment company advised by ADMETOS GmbH. This transaction secures the succession of long-standing owner Hans-Jörg Mihm, who is retiring after more than four decades of entrepreneurial leadership. The new owner is committed to the company’s long-term development, with plans to strengthen its market position and unlock operational improvement potential.
Learn moreWATT Infra has been acquired by OxGreenfield
WATT Infra, an independent connection provider headquartered in the Netherlands, has been acquired by OxGreenfield, a Netherlands-based private equity firm. By joining forces, WATT Infra will accelerate its growth in the energy transition market.
Learn more