.
MergerLinks Header Logo

New Deal


Announced

Aurora to acquire Petroleum Service from SGS for $335m.

Financials

Edit Data
Transaction Value£262m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Industrial Distribution

Private Equity

logistics services

United States

Private

Majority

Single Bidder

Acquisition

Friendly

Pending

Synopsis

Edit

Aurora, a middle-market private equity firm, agreed to acquire Petroleum Service, a provider of site logistics services for the petrochemical, refining, midstream and marine transportation end markets, from SGS, an inspection, verification, testing and certification company, for $335m. "PSC is an excellent fit with Aurora's investment strategy. Over the past 65+ years, PSC has become the established leader in product handling and site logistics across a number of industrial end markets with an industry-leading track record of customer service and safety performance," Matthew Laycock, Aurora Partner.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US