Wednesday, 7 February 2018

S-191-13 JVM Manufacturer & Supplier of Drilling Supplies, Equipment and Engineering Services (West Coast US)



Business Description:
The Company provides oilfield services, drilling products and customized threading and slotting across many sectors. Our client is offering a conglomerate that consists of two entities, one which focuses on drilling services and the other company on pipe manufacturing. The company has been in operation over 20 years.  The business benefits from location, price, and technical support with the  product, distributorship relationships and its overall technical superiority.
Distribution:
Western USA and Hawaii
Operational Strengths:
Revenue: $12.7 million; EBITDA: $1.5 million. National Presence; Headquartered in Western US. Diverse drilling markets allows for recession proof business operations. Large supply chain and critical recent business developments enable high growth
The Transaction:
The owners are looking to sell a majority stake to a group that can provide the expertise and capital to take both companies to the next level.  The owners are agreeable to negotiating a work contract going forward in order to provide a smooth operational transition.  

Financial Summary

2016 Est by Seller
2015
2014
2013
Revenue
$13.000.000
$12,730,585
$15,728,802
$13,871.752
Adjusted EBITDA
$1,500,000
$1,483,634
$2,046,109
$1,696230

Other Highlights
Location
Financials
Management Team in Place
Years in Business
SIC Classification
West Coast
Reviewed
yes
30
17810000


  
Direct All Inquiries to:

                                                        Gottesman Company        
Refer to:  S-191-13 JVM
Tel: 212-330-8010     Fax: 646-434-4557
                                       E-mail: office@gottesman-company.com