King & Spalding advises Enersol on Deep Well Services Acquisition

King & Spalding has advised Enersol, a joint venture between ADNOC Drilling Company and Alpha Dhabi Holding, in its acquisition of a 95% stake in Deep Well Services (DWS), a leading U.S.-based provider of energy technology services. This acquisition marks a significant expansion for Enersol into advanced energy technologies, enhancing its portfolio across the Americas and supporting its growth in the Kingdom of Saudi Arabia.

The legal team from King & Spalding’s Abu Dhabi, Houston, Chicago, Washington D.C., and Dubai offices guided the transaction. Led by Partner Matt Hartsuyker (pictured), the team included Jonathan Newton, Mitch Tiras, Simon Fraser, Jake Downing, Sydney Lampard, and others.

Reflecting on the transaction, Hartsuyker noted, “We’re honored to support Enersol in this key strategic move into the U.S. market. The transaction highlights a strong trend of major Middle Eastern investments into the Americas and underscores our global M&A team’s expertise, particularly in complex cross-border deals.”