Houlihan Lokey Advises National Oilwell Varco

Transaction: Ameron Pole Products a subsidiary of National Oilwell Varco has been acquired by Arcosa. Sellside Advisor.

Houlihan Lokey is pleased to announce that Ameron Pole Products (Ameron), a subsidiary of National Oilwell Varco, LP (NYSE:NOV) (NOV), has been acquired by Arcosa, Inc. (NYSE:ACA).

Houlihan Lokey served as the exclusive financial advisor to NOV and assisted in initiating, structuring, and negotiating the transaction on its behalf. This transaction highlights Houlihan Lokey’s expertise and continued success in advising innovative, market-leading industrial businesses supporting critical infrastructure.

Founded in 1970, Ameron is a leading manufacturer of highly engineered, premium concrete and steel poles for a broad range of infrastructure applications, including lighting, traffic, electric distribution, and small-cell telecom. With four manufacturing facilities strategically located in Alabama, California, and Oklahoma, Ameron serves its customers with a nationwide presence.

Arcosa, headquartered in Dallas, is a provider of infrastructure-related products and solutions with leading positions in construction, engineered structures, and transportation markets. Arcosa reports its financial results in three principal business segments: construction products, engineered structures, and transportation products.

NOV delivers technology-driven solutions to empower the global energy industry. For more than 150 years, NOV has pioneered innovations that enable its customers to safely produce abundant energy while minimizing environmental impact. The energy industry depends on NOV’s deep expertise and technology to continually improve oilfield operations and assist in efforts to advance the energy transition toward a more sustainable future. NOV powers the industry that powers the world.

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