Stratrix
On the Record · Forum Energy Technologies

Forum Energy Technologies acquisitions, on the record

The businesses Forum Energy Technologies bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Variperm Holdings Ltd. ("Variperm")
Word for word“On November 1, 2023, the Company and its wholly owned subsidiary entered into a purchase agreement with Variperm Holdings Ltd. (“Variperm”) and its shareholders to acquire all of the issued and outstanding common shares of Variperm (the “Variperm Acquisition”).” 10-K for 2023
agreed acquisition——
Variperm
Word for word“The net proceeds of approximately $ 96.0 million from the offering, together with cash on hand of $ 10.2 million and borrowings from our Credit Facility of $ 15.0 million , were used to repay all borrowings outstanding under the Seller Term Loan issued in connection with the acquisition of Variperm in January 2024 and to redeem in full all outstanding 2025 Notes (as defined below).” 10-K for 2025
acquisitionJanuary 2024—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Cash received from selling businessesGoodwill from acquisitions
2016-12-31$4.1 million—$0
2017-12-31$162.2 million—$155.1 million
2018-12-31$60.6 million—$22.3 million
2019-12-31$0—$614,000
2020-12-31$0$105.2 million—
2021-12-31$3.4 million−$1.3 million—
2022-12-31$485,000$0—
2023-12-31$0——
2024-12-31$150.4 million—$66.8 million
2025-12-31$0——

Deal filings since 2016

Read from Forum Energy Technologies’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-27. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.