# Trican to acquire Canyon Services Group in CA$637M all-share deal

Trican Well Service agreed to acquire all shares of Canyon Services Group in an all-share arrangement valued at about $637 million including $40 million of Canyon debt. Canyon shareholders will hold about 44% of the combined company.

- Type: Acquisition
- Announced: 2017-03-22
- Where: Canada
- Status: announced
- Products: pressure pumping services

## Companies

- [Trican Well Service](https://endata.com/companies/1140.md) (acquirer)
- [Canyon Services Group](https://endata.com/companies/1141.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2017/03/22/1282236/0/en/trican-and-canyon-to-combine-to-create-premier-canadian-pressure-pumping-company.html), 2017-03-22: "The aggregate Transaction value is approximately $637 million, including the assumption of approximately $40 million in Canyon debt."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.