Expro Acquires PRT Offshore

Expro Group Completes Merger with Frank's International

October 1, 2021

Energy

Expro Group and Frank's International N.V. have completed a previously announced merger, with the combined company assuming the Expro Group Holdings N.V. name and beginning trading on the NYSE under the ticker XPRO. The transaction creates a larger full‑cycle energy services provider combining well access, drilling and completions capabilities to deliver expanded scale, capability expansion and expected cost and revenue synergies.

Expro Acquires Coretrax from Buckthorn Partners

February 12, 2024

Energy

Expro (NYSE: XPRO) has entered into a definitive agreement to acquire Coretrax, an Aberdeen-based provider of performance drilling tools and wellbore cleanup, well integrity and production optimization solutions, from an investment group led by Buckthorn Partners. Total consideration is approximately $210 million (including at least $75 million cash and up to 6.75 million newly issued Expro shares); the deal is expected to close in Q2 2024 and will expand Expro's well construction and well intervention & integrity capabilities and geographic footprint.

Expro Acquires DeltaTek Global

February 9, 2023

Oil & Gas

Energy services provider Expro (NYSE: XPRO) has acquired Aberdeen-based well construction cementing specialist DeltaTek Global to broaden its cementing capabilities and technology portfolio. The deal is intended to accelerate DeltaTek's international deployment through Expro's global footprint and expand Expro's well construction offering across offshore and onshore markets.

The Prax Group Acquires Hurricane Energy Plc

June 19, 2023

Energy

The Prax Group has completed the acquisition of UK oil and gas explorer Hurricane Energy Plc, gaining full control of the Lancaster offshore oil field in the West of Shetland basin. The deal expands Prax's capabilities upstream as it moves to integrate Hurricane's exploration and production assets into its downstream and midstream operations.

ProPetro Acquires Aqua Prop

June 3, 2024

Energy

ProPetro Holding Corp. (NYSE: PUMP) acquired Aqua Prop LLC, a provider of wet sand solutions for hydraulic fracturing, in an all-cash transaction initially valued at $35.6 million net of working capital. The acquisition expands ProPetro’s integrated completions capabilities by adding onsite sand storage, handling and preferred logistics access and includes cash consideration, earnout incentives and potential growth capex.

Liberty Oilfield Services Acquires PropX (Proppant Express Investments, LLC)

October 27, 2021

Energy

Liberty Oilfield Services Inc. acquired PropX (Proppant Express Investments, LLC), a Denver-based provider of last-mile proppant delivery equipment, logistics and software, in a transaction valued at approximately $90 million (cash and stock). The deal adds PropX's wet sand handling technology, proppant containers and PropConnect logistics software to Liberty's completion services offering to improve logistics efficiency and reduce emissions.