Enhanced Drilling Acquired by Expro | Energy M&A Deal

Expro has acquired Enhanced Drilling, a energy services other business in Texas, for about $215M. Enhanced Drilling provides drilling services and related well support, strengthening Expro’s capabilities in managed pressure drilling technology. Expro acquisitions in the energy services other segment aim to expand performance offerings for operators across Texas and broader U.S. basins. The platform acquisition is a strategic acquisition by Expro and is expected to close following customary conditions for energy M&A, with the deal announced at over $100M.