Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Simmons Private Equity acquires Ridge
August 6, 2018

Simmons Private Equity has agreed to acquire a majority share in Ridge, an oil consultancy. After the acquisiton, the company will be put under the umbrella of Three60 Energy, which has oil consultancies across Malaysia, Australia, and Scotland. The acquisition values Ridge around 50M to 75M NOK. They expect revenue to more than double compared to last year.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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