Issue link: http://deals.uberflip.com/i/1485860
For Additional Information Please Contact: Nydia Blanco, VP nblanco@generational.com (832) 730-5987 NDA 65855 Oilfield Services- Leading Directional Drilling Service Provider 2022 Est: $30M Rev & $3.1M EBITDA – Southern US Business Description Financial and Operational Highlights Additional Company Info Business Highlights Growth Opportunities The Company is a rapidly growing provider of directional drilling services operating in multiple basins in the Southwestern US. It has a strong reputation for quality and service that is driven by a highly experience team with a deep knowledge and an advanced understanding of the drilling industry. The Company has a team of technicians and engineers in its home office that continuously monitor the performance of field operations and equipment. This data driven approach allows the team to identify negative trends early and to minimize the chance that equipment wear or changing conditions negatively impacts drilling performance or equipment life. • Rate of Repeat Business: 83% • Over 15-Year History • Founder Owned/ 75 Employees • 10,000+ Sq. Ft. Across Facilities • Expansion of Top Line Service Capacity • Expand into HOT Hole Markets • Expansion of Motor Fleet $10.9 M $20.5 M $30.0 M $40.0 M $48.4 M $53.2 M 900K $1.0 M $3.1 M $5.3 M $6.1 M $7.0 M 0.0% 20.0% 40.0% 60.0% 80.0% 100.0% 120.0% $0.0 M $10.0 M $20.0 M $30.0 M $40.0 M $50.0 M $60.0 M 2020 2021 2022e 2023 2024 2025 Sales EBITDA Superior Name and Reputation: The Company enjoys a long-standing reputation for the quality of its services, expertise, dependability, and superior customer support. The Company's reputation in the industry is the result of a highly experienced team with deep knowledge and an advanced understanding of the drilling industry. Strong Client Relationships: The Company is proud of its reputation for quality work and client service. Evidence of these relationships is shown in the 83% rate of repeat business. The Company's top clients include multiple clients with long standing relationships for as long as 12 years. Documented Systems and Procedures: Proposal, bidding, operations, crew deployment, and project delivery have been refined over the Company's many years in business, resulting in an efficient platform that can be leveraged to springboard future growth. Proprietary technologies and processes lead to shorter more accurate drill times. Management Will Remain through Transition: Management is willing to remain through the transition period and would entertain remaining with new management for a longer period on a consultancy basis. Additionally, all key employees will be available to remain with new ownership beyond the sale of the Company. Well-Maintained Equipment: The Company is a data driven organization and thoroughly analyzes wear, tear and shock on its equipment which ensures proper maintenance, extends equipment life, and reduces customer's down time.