Growing Oilfield Services Firm Construction & Maintenance For Sale

Business description

The Company is an established and rapidly growing oilfield services business. The Company provides oilfield construction (65% of revenue), maintenance (20%), metal and structural steel fabrication (10%), and tank inspection services (5%) primarily to exploration and production companies, as well as to drilling contractors, and others in the oilfield services sector. The Company s geographic market is primarily located in northern Alberta. The Company s key competitive advantage lies in its extensive capabilities, allowing it to be a one-stop shop for most of its customers. Rapid sales growth (128% compounded annually from 2005 2007). Increasing profitability (EBITDA increased from 16.5% in 2004 to 21.4% of sales in 2007). Superior name recognition and reputation- 12+ years of providing extraordinary service and excellent capabilities. 95% rate of repeat business annually. Strong geographic markets provide continued growth opportunities. Experienced management and staff available to remain with new ownership.

Contact the seller