Enhanced Well Technologies Group Acquired by Expro Group Holdings | Energy M&A Deal

Expro Group Holdings has acquired Enhanced Well Technologies Group, a oilfield services business in Texas, for approximately $215 million. Expro Group Holdings acquisitions add managed pressure drilling (MPD) capabilities, including riserless and riser-based applications, to support drilling and completion activities. The Enhanced Well Technologies Group acquisition strengthens Expro’s high-technology service portfolio and expands customer relationships for energy M&A in TX acquisitions. This strategic add-on acquisition is announced and expected to close in the third quarter of 2026, subject to customary conditions, with funding planned using cash on hand and borrowings under its revolving credit facility.