Enerflow Industries Inc. has been acquired by National Oilwell Varco
National Oilwell Varco has acquired Enerflow Industries Inc. for an undisclosed consideration.
Enerflow Industries is a technology powerhouse at the forefront of hydraulic fracturing. The company engineers and manufactures custom oilfield service equipment. Seeking a reduction in personal estate risks and the need to provide additional growth capital to meet demand, Enerflow Industries sought a strategic partner.
National Oilwell Varco is a 14-billion-dollar, worldwide leading provider of major mechanical components for land and offshore drilling rigs and related tools and equipment.
Oaklins' team in Dallas advised Enerflow's shareholders in connection with this transaction, initiating it and assisting in its closing, solving complex issues regarding price, working capital, personal goals and taxes.
Talk to the deal team
Bryan Livingston
Oaklins Capital Alliance
Related deals
He-Man Dual Controls has been acquired by Lagercrantz UK Limited
Lagercrantz UK Limited has acquired 100% of the shares in HM Holding Limited (He-Man Dual Controls), a leader in supplemental control systems for vehicles.
Learn moreEcosun Expert has been acquired by TSG Group
The successful acquisition of Ecosun Expert by TSG Group has been completed.
Learn moreIRT Technologies has been acquired by ETL Systems
IRT Technologies has been successfully acquired by ETL Systems, unlocking exciting opportunities for innovation and growth. This acquisition strengthens ETL’s satellite communications portfolio and expands its global presence, while allowing IRT Technologies to leverage ETL’s industry expertise and reach.
Learn more