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New Deal


Announced

Completed

Superior Energy Services sold its land drilling rig business to SPN Well Services.

Financials

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Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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heavy machinery

Private

United States

Machinery: Specialty

Completed

Oil Equipment and Services

Acquisition

oil rigs

Synopsis

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Superior Energy Services, an oilfield services company, sold its land drilling rig business to SPN Well Services, which offers well servicing and rig manufacture. Financial terms were not disclosed.

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