Announced
Completed
Synopsis
Total Specific Solutions, a provider of software solutions for the oil and gas vertical, completed the acquisition of subsurface software business from Lloyd’s Register, a provider of professional services for engineering and technology in the maritime sector. Financial terms were not disclosed. “We are pleased that Subsurface, with its two dedicated software solutions for well management, has joined TSS. Subsurface will remain an independent business unit and will help us strengthen our foothold in the geoscience vertical. The company will be a great addition to the GeoSoftware ecosystem. By adding Subsurface to our portfolio, we gain a wealth of domain knowledge and experience. The oil and gas domain is in transition, and you need this in-depth understanding to anticipate the direction of the change and help your clients stay ahead of the competition. I look forward to helping Derek Crombie and his team become acquainted with the TSS best practices,” Abdelmoula Salah, Total Specific Solutions General Manager.
Show Details & Financials
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
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.