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New Deal


Announced

Hatch acquired Calgary-based Upside Engineering.

Financials

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

Tags

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Integrated Oil and Gas

Pending

Friendly

Acquisition

Single Bidder

Canada

oil and gas producer

Private

Synopsis

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Hatch, which offers comprehensive services to the mining and metals, energy—oil and gas and power—and infrastructure sectors, acquired Calgary-based Upside Engineering, an oil and energy company. Financial terms were not disclosed. “Together, we will take on and solve the toughest oil and gas challenges, from consultancy and feasibility through to operations, to serve the entire value chain,” said Hatch’s Chairman and CEO John Bianchini. “We look forward to bringing positive change to the oil and gas industry by leveraging Hatch’s unique blend of technology and process excellence in upstream and downstream oil and gas, combined with Upside Engineering’s proven track record of delivering midstream projects.”

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