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EnerCorp Engineered Solutions completes acquisition of FloDatix Limited to expand its technology portfolio for the oil and gas industry

Mar 18, 2024•over 1 year ago

Acquiring Company

EnerCorp Engineered Solutions

Acquired Company

FloDatix Limited

The WoodlandsOil And GasOil And GasEnergyManufacturing

Description

EnerCorp Engineered Solutions has announced the acquisition of the assets of FloDatix Limited, the developer of a revolutionary multiphase flowmeter technology for the oil and gas industry. This acquisition aligns with EnerCorp's vision to continue developing disruptive and value-adding technologies that optimize the production equipment footprint, reduce harmful emissions, and improve flow data accuracy.

Company Information

Company

EnerCorp Engineered Solutions

Location

The Woodlands, Texas, United States

About

EnerCorp Engineered Solutions offers innovative technologies that enhance production for the upstream and midstream sectors, with a core offering that includes a suite of proprietary sand separation technologies along with fully automated eFlowback™ ecosystems for flowback and late stage well flow and sand management applications.

Company News

(4 articles)
Mon, 18 Mar 2024 07:00:00 GMT

EnerCorp Engineered Solutions Acquires FloDatix Limited, the Developers of a Revolutionary Multiphase Flowmeter Technology for the Oil and Gas Industry - PR Newswire

Mon, 02 Aug 2021 07:00:00 GMT

EnerCorp Engineered Solutions Announces the Launch of Pioneering eFlowback Technology, developed in Collaboration with bpx energy - PR Newswire

Wed, 11 Aug 2021 07:00:00 GMT

Flowback Takes a Step Forward - Hart Energy

Mon, 11 Dec 2017 01:58:44 GMT

Dynacorp & Energes merge to become Enercorp Sand Solutions - EnergyNow

FundzWatch™ Score

82
High M&A Activity

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed