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
Ushio has acquired the entertainment and industry lamps business from ams OSRAM
Ushio Inc. has acquired the entertainment and industry lamps business from ams OSRAM AG in a carveout transaction. The acquisition includes global operations and strengthens Ushio’s industrial processes segment, expanding its portfolio in high-performance light sources for industrial and advanced manufacturing applications.
Learn morePresight Solutions has been acquired by Banyan Software
Banyan Software, a leading acquiror and operator of mission-critical software businesses, has entered Norway with the acquisition of Presight Solutions AS, a SaaS company delivering advanced software for safety, operational integrity and regulatory compliance in high-risk industries. The transaction marks a new chapter for Presight, strengthening its ability to scale while preserving the product focus, sector expertise and customer trust built since its founding in 2003.
Learn moreStrawberry Equities has sold Ecohz to Caely Renewables
Ecohz, a global renewable energy company, has been acquired by environmental commodity trading house Caely Renewables from Strawberry Equities. The transaction marks an important new chapter for Ecohz and brings together two organizations with complementary strengths, aligned in their commitment to accelerating the global energy transition.
Learn more