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Announced

Completed

Alpha Dhabi Holding completed the acquisition of a 25% stake in Gordon Technologies.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For25%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Oil Equipment and Services

Acquisition

Cross Border

Single Bidder

United States

Private

oil and gas equipment

Completed

drilling equipment

Friendly

Private Equity

Synopsis

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Alpha Dhabi Holding, a firm engaged in the provision of construction services, completed the acquisition of a 25% stake in Gordon Technologies, a manufacturer of measurement-while-drilling technology products. Financial terms were not disclosed. "We have experienced significant growth and have a strong track record of delivering outstanding services across the United States, and we look forward to working with Alpha Dhabi to catalyze our growth further and expand internationally into the Middle East market. We believe this represents a great opportunity to generate further value as we grow and provide our proprietary technology services to what is one of the core oil and gas markets globally," Terry Frith, Gordon Founder & CEO.

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