One-Page Deal Sheet

Helix Energy Solutions to Acquire Alliance Companies for $120 Million in Cash

Helix Energy Solutions Alliance Group

AnnouncedMay 18, 2022

TypeCorporate

LocationGulf Of Mexico (GOM),Ark-La-Tex

Announced Date

May 18,2022

Transaction Type

Corporate

Snapshot

Location

Region

Gulf of Mexico,Gulf Coast,Ark-La-Tex

Country

United States

State

Louisiana

Play

Gulf Of Mexico (GOM),Ark-La-Tex

Transaction Details: Subscribe to see

Helix Energy Solutions Group, Inc. has entered into a definitive agreement to acquire 100% of the equity interests of the Alliance group of companies ‎ for $120 million cash at closing.

The acquisition is expected to close mid-2022 and is subject to regulatory approvals and other customary conditions.

Alliance Overview

Alliance is a Louisiana-based privately held company that provides services in support of the upstream and midstream ‎industries in the Gulf of Mexico shelf, including offshore oil field decommissioning and ‎reclamation, project management, engineered solutions, intervention…

Source : Subscribe to see

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Helix Energy Solutions to Acquire Alliance Companies for $120 Million in Cash