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Transactions / G•••

3t expands global footprint with acquisition of G•••, the Middle East’s largest energy training business

Add-on acquisitionclosedadd-onannounced Sep 25, 2024closed Sep 25, 2024Fact
What happened
Platform
3•add-on basis: 3t has acquired G••• from A• M••••••• S••••••••• E•••••••••. | 3t is held by B••• W•••• E••••• on its portfolio page; published on B••• W•••• E•••••'s own news page
Control
Control
Share acquired
unknown
Industry
energy / energy
Target location
unknown
Seller kind
Unknown
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
Not disclosed
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
6 named
Buy side
  • 3•Platformconfirmed
    3t has acquired G••• from A• M••••••• S••••••••• E•••••••••. | 3t is held by B••• W•••• E••••• on its portfolio page; published on B••• W•••• E•••••'s own news page
  • 3t has acquired G••• from A• M••••••• S••••••••• E•••••••••. | 3t is held by B••• W•••• E••••• on its portfolio page; published on B••• W•••• E•••••'s own news page
Sell side
Side not stated
  • K•••• F•••••••, CEO of 3t, says: “The Middle East is booming with projects across the whole energy spectrum; demand for world-class training and skilled workforce is high.
  • M•••• N••••Managementconfirmed
    M•••• N••••, CEO of G•••, says: “I am delighted that G••• has found a partner to support us on the next phase of growth.
  • G•••Targetconfirmed
    3t has acquired G••• from A• M••••••• S••••••••• E•••••••••.
Evidence
3t has acquired G••• from A• M••••••• S••••••••• E•••••••••.
3t expands global footprint with acquisition of G•••, the Middle East’s largest energy tra | Private Equity Intelligence | DFX