Details

The business provides equipment rental and services to the oilfield industry which include non-destructive hydro excavation safe digging for pipelines and industrial plants. The business also provides work site sanitation supplies including portable toilets, handwashing stations, and trash trailers for oil rig job sites.

Key Aspects:
· Operating for over twelve years with an established customer base
· Highly regarded in the industry
· Diversified service offerings that are needed despite fluctuations in the oil and gas markets
· Proven track record of strong profitability

Opportunities:
· Synergistic and strategic addition to serve the energy sector or the construction, utilities, or mining industries
· Primed for expansion to serve other key oil production areas and other large oil and gas producers
· Opportunity to scale the business with potential acquisition of competitors have not successfully weathered the effects of the COVID pandemic

Headquartered:
· Texas

Current Markets:
· The business serves general contractors serving oil rig exploration and production clients with active projects primarily in the Permian Basin and southeast New Mexico.

Real Estate:
· The business operates from a 10,000 square-foot facility on ten acres leased from an affiliated entity. The property is available for lease to new ownership or as part of a transaction.

Shareholder Objectives:
· Two shareholders seek a partner to help the business reach its next level of growth. One owner expects to make an eventual full exit in order to retire with the second owner open to remaining with the business post-sale to assist with future growth.

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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.