Announced
Financials
Tags
Private Equity
Pending
Majority
Private
Single Bidder
Friendly
training centre
Acquisition
United Kingdom
Education Services
Domestic
Synopsis
Blue Water Energy-backed 3t Energy Group, a connected platform of cloud-based training and competency software and technology, agreed to acquire the UK training centres of Petrofac, a British provider of oilfield services. Financial terms were not disclosed. “Buying Petrofac’s UK in-person training presence was an excellent opportunity that we had to explore. It allows us to extend our customer offering and demonstrates our commitment to providing the very best training to the energy industry. With Petrofac’s strong training pedigree and world-class staff, the acquisition both broadens and strengthens our market leading offer,” Kevin Franklin, 3t Energy Group CEO.
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