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Texas-based company that provides oilfield services such as tubing testing and scanning, rod scanning, downhole services, and equipment rentals to oil production facilities in the Permian Basin.
· Great reputation and service
· Young and growing company
· Diverse customer base with over 150 accounts
· Strong relationships with Fortune 500 companies
· Strategically located in the oil abundant Permian basin
· Invest in more equipment
· Build other locations in Texas, Louisiana, New Mexico, Oklahoma, Pennsylvania
· Increase investments in packer/ downhole division
· Expand scanning division
· Grow inventory of rental equipment
· Increase sales and marketing
· Add marketing campaigns and SEO website
· West Texas in the Permian Basin
Market Currently Served
· Oil production companies that have operations in West Texas and eastern New Mexico.
· The company leases two buildings from a related party. The facilities can be included in the deal or leased at a negotiable rate.
Shareholder/ Owner Objectives
· There are three managing members that are looking for a full sale. Two are seeking retirement and the third wants to exit to pursue other unrelated interests. The third owner wants to find additional leisure time but is willing to remain with the company after the sale for a
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