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New Deal


Announced

Completed

ChampionX completed the acquisition of Artificial Lift Performance.

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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Completed

advanced analytics

Majority

Single Bidder

optimization software

Acquisition

Cross Border

Private

Friendly

United Kingdom

Oil Equipment and Services

Synopsis

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ChampionX, a global provider of chemistry solutions and highly engineered equipment and technologies, completed the acquisition of Artificial Lift Performance, a provider of advanced analytics solutions for enhancing oil and gas production performance. Financial terms were not disclosed. “ChampionX and ALP have a shared vision for creating a true digital oil field, backed by a technology roadmap rooted in customer needs and opportunities in the market. Our digital offerings are complementary and create differentiated value for our customers today and even more so in the future,” Sandy Williams, ALP Founder.

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