Announced
Financials
Tags
Single Bidder
energy services
Pending
United Kingdom
Private Equity
Integrated Oil and Gas
Acquisition
Majority
Domestic
Friendly
Public
Synopsis
Cap10 Partners, a private equity firm, agreed to acquire Sureserve, a asset and energy support services group, for $266m. “The offer presents an opportunity for Sureserve shareholders to realise an immediate and certain compelling value in cash at a meaningful premium and are therefore themselves going to vote the Sureserve shares in which they are interested in favour of the acquisition,” Nick Winks, Sureserve Chairman.
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