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Announced

Completed

Elemental Energies completed the acquisition of Senergy Wells from Vysus.

Financials

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

Sources

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Tags

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Cross Border

Completed

Construction Services

construction

Acquisition

Private

Single Bidder

Friendly

Majority

United Kingdom

Synopsis

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Elemental Energies, an energy consultancy firm, completed the acquisition of Senergy Wells, a construction consultancy, from Vysus, a business consulting and services. Financial terms were not disclosed. "Vysus Group continues to expand and develop its offering, delivering high-value technical consultancy services to our global customer base. While Senergy Wells has continued to grow throughout 2022, the activity mix does not align with our longer-term core strategy, and we believe the business will prosper more effectively under the ownership of a company fully focused on the wells management sector," David Clark, Vysus Group CEO.

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