Helix Energy Solutions Group and Hornbeck Offshore Services Combine in All-Stock Merger
April 23, 2026
Helix Energy Solutions Group, Inc. and Hornbeck Offshore Services, Inc. entered into a definitive all-stock transaction to combine and form an integrated offshore services company. The merged company will operate under the Hornbeck Offshore Services name and trade on the NYSE under ticker “HOS,” with Hornbeck shareholders owning ~55% and Helix shareholders ~45% upon closing.
- Buyers
- Helix Energy Solutions Group, Inc., Hornbeck Offshore Services, Inc.
- Targets
- Helix Energy Solutions Group, Inc., Hornbeck Offshore Services, Inc.
- Sellers
- Ares Management funds (Hornbeck stockholders consented)
- Industry
- Industrial Services
- Location
- Texas, United States
- Transaction Type
- Buyout
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