GOTTESMAN COMPANY &  Cooperating Intermediaries Seller Profile

United States, Canada & Europe Since 1985

America’s International Network of M&A Business Brokers

Acquisition Opportunity S-2432-20 DBN

S-2432-20-DBN

OIL/GAS WELL WASTE WATER & WATER HAULING WITH EQUIPMENT RENTAL (FRAC TANKS)

Business Description:

S-2432-20 DBN

This oil/gas field wastewater company operates from two locations and provides waste water and fresh water hauling, frac tank rental, and rig and tank wash and related services to oil/gas companies within 100 mile radius of its facilities. The Company just added 70 wells which will begin to contribute to revenue and EBITDA in the upcoming months. Each location includes acreage with fenced storage, equipment & vacuum truck service bays and mechanics, fueling stations, administrative offices, and concrete truck wash areas.

Distribution:

The Company generates recurring revenue and services over 1,000 wells from a customer base of approximately 40 with contracts and MSAs in place. Approximately 40% of the Company’s revenue, from 95% of the over 1,000 wells, is recurring from and generated from the daily servicing of production wells (wastewater removal) daily.

Operational Strengths:

The owner has a large number of customer contacts in the Bakken, mountain regions, Texas, and Oklahoma, among other oil/gas regions, that he wants to leverage and grow the Company geographically as well as adding salt water disposal wells and complementary rental equipment and services. Owner has 30 years’ experience.

The Transaction:

The Company’s 100% shareholder has grown and exited multiple wastewater companies in the past (to $100 mm) and is interested in partnering with an equity group with the capital and other synergies to assist with the Company’s growth, and do again what this owner has done before.  The owner would like to get the Company to a value in excess of $100 mm which, with his years of experience growing wastewater companies in the oil/gas industry and many customer contacts in the various US oil patches, is achievable in 3-4 years.

Financial Summary (000’s)

  2017 Est by Seller  2016  2015   2014
Revenue 12,040  3,347  4,235  11,665 
Adjusted EBITDA 4,180  760  -106  3,784 

Other Highlights

Location Financials Management Team in Place Years in Business SIC Classification
Midwest Internal Yes 4 1382,1389, 3533, 7359

Direct All Inquiries to:
Gottesman Company
Refer to:  S-2432-20 DBN
Tel: 212-330-8010     Fax: 646-434-4557
E-mail: office@gottesman-company.com

6/6/17  

Gottesman Company – 200 East 71st Street – New York, NY 10021 www.Gottesman-Company.com

This document is confidential and contains proprietary information belonging to Gottesman Company. It is unlawful to reproduce or distribute without express written consent of Gottesman Company. No warranties or representations are made in connection with the information provided herein. Gottesman Company is an M&A Business Broker, whose mission is to locate opportunities and introduce participants.