One-Page Deal Sheet
Platinum Energy Resources Acquires Maverick Engineering
Platinum Energy Resources, Inc. Maverick Engineering
Announced Date
March 01,2008
Close Date
April 29,2008
Transaction Type
Corporate
Enterprise Value (EV)($MM)
11
Location
Country
United States
State
Texas
Transaction Details: Subscribe to see
Platinum Energy Resources, Inc. announced today that it agreed to acquire Maverick Engineering, Inc. ("Maverick") for $11 million, with $6 million paid at closing and the remaining $5 million to be paid over the next 6 years the timing of which is contingent upon performance. The acquisition is expected to close in early April.
Established in 1993, Maverick has grown into a full-service engineering service company with a team of over 250 employees including a staff of 70 engineers, consultants, surveyors, scientists and planners. Maverick is a leading provider of project management…
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