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Caliber Completion Services, Llc Acquires Clearwell'S Wireline Assets Previously Owned By Pioneer Wireline Services, Llc

May 10, 2022•over 3 years ago

Acquiring Company

Caliber Completion Services

Acquired Company

Wireline Assets

Description

Caliber Completion Services, LLC ("Caliber") has successfully completed the acquisition of substantially all the wireline assets from ClearWell Dynamics, LLC's subsidiary formerly known as Pioneer Wireline Services, LLC.

Company Information

Company

Caliber Completion Services

About

Caliber provides expert wireline services in southern U.S. oil and gas basins. Learn more and see why Caliber is a wireline company for today’s oilfield.

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