Dril-Quip以1亿4300万美元收购钻井设备公司TIW

TIW, also based in Houston, has been in operation for a century and provides liner hanger systems and related equipment and services for the global oil and gas industry. In addition to its offshore market, TIW’s onshore presence, particularly in the Middle East and South America, will provide Dril-Quip with more market opportunities.TIW hit “peak revenues” of $140 million in 2014, but is expecting a “trough” this year of between $60 million and $70 million. That could increase to between $80 million and $100 million by 2018.The deal is expected to close in the fourth quarter of this year.Evercore served as Dril-Quip’s exclusive financial advisor and PPHB served as TIW’s exclusive financial advisor.