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New Deal


Announced

Completed

Endurance Lift Solutions completed the acquisition of the gas lift and plunger lift business division of Superior Energy Services.

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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Acquisition

Majority

United States

Oil Equipment and Services

Friendly

Completed

Private Equity

oil & gas services

Private

Single Bidder

Synopsis

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Endurance Lift Solutions, a portfolio company of Crestview Partners and B-29 Investments, completed the acquisition of the gas lift and plunger lift business division of Superior Energy Services, an oilfield services company. Financial terms were not disclosed. "We are eager to welcome the two teams to our organization and partner with them as we grow Endurance as a premier provider of leading edge artificial lift technology for the life of the well," Dan Runzheimer, Endurance President.

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