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New Deal


Announced

Completed

Weatherford International completed the acquisition of Probe Technologies and Impact Selector International from Turnbridge Capital.

Financials

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

Tags

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project management

United States

Majority

Engineering Consulting

Private Equity

Acquisition

Domestic

Private

Completed

Friendly

Single Bidder

Synopsis

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Weatherford International, an energy services provider, completed the acquisition of Probe Technologies, a consultancy that offers infrastructure, project management, consulting, network design and support, and Impact Selector International, a provider of proprietary downhole wireline solutions, from Turnbridge Capital, a private equity firm.

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