CENTURION EXPANDS ITS DCP SEGMENT
Acquisition of communication and oilfield equipment specialist Tango Delta
Aberdeen, March 2019 – Centurion Group (“Centurion”), a leader in the supply of critical rental, infrastructure and support services to the energy industries, is pleased to announce that it has expanded its Drilling, Completions and Production (“DCP”) segment with the acquisition of Tango Delta Rentals (“Tango Delta”), a leading Canadian communications and speciality equipment rentals business.
Operating within the Western Canadian Sedimentary Basin, Tango Delta provides an extensive range of remote communication offerings, including cell tower technologies, remote internet equipment, radio and satellite communication solutions, along with lighting solutions and other speciality rentals for the Canadian energy services industry.
Fernando Assing, CEO of Centurion, commented:
“The acquisition of Tango Delta is highly complementary to Centurion’s existing DCP segment and extends our integrated customer offering, which currently includes a broad range of equipment and services focused around the complete lifecycle of a well’s development.”
Trevor Williams, President of Centurion Canada’s Rentals & Services geomarket, said:
“We are excited to announce the addition of Tango Delta as it is an important part of our strategy to continue to differentiate ourselves by expanding our product and service offerings in our core locations”.
Sean Rice, Managing Director of SCF Partners, added:
“Centurion benefits from a highly dynamic and motivated management team with a differentiated product offering and exceptional expertise. We’re delighted to be working with Tyler Guest and Dan Thomson to leverage their strengths to continue to grow Centurion in the Canadian oilfield sector.”
Tyler Guest, Tango Delta President, commented:
“We are excited to join Centurion. The Group’s breadth of services, expertise and geographic reach enhances our competitive edge and gives our existing customers access to a game-changing level of integrated services. Being part of the Centurion platform allows Tango Delta to take our business to the next level.”
For more information, visit Tango Delta online: www.tangodelta.ca
About Centurion Group
Centurion is a global leader in the supply of critical rental, infrastructure and support services to the energy industries. It combines the scale and the breadth of offerings via its global segments: AMS (Accommodation & Modular Solutions); DCP (Drilling, Completions and Production equipment) and INF (Infrastructure), with strong local presences in key energy service locations, Canada, America, UK & Europe, Caspian, Australia and South East Asia, to deliver value to customers around the world.
For more information, please visit www.centuriongroup.co.uk
About SCF Partners
SCF is a global private equity firm focused on investing exclusively in the oilfield services sector. Within the past 30 years, SCF has built over 70 platform companies and has added more than 300 acquisitions to these 70 companies to create some of the oilfields most prominent and valuable companies.
For more information, please visit www.scfpartners.com
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