Company has established a growing business within the Oil & Gas sector related to Electric Submersible Pump Services. With nearly 100 clients and a track record of on-time delivery, it provides its proprietary technology for use on wells, along with equipment testing, spooling and custom engineering solutions. Its expansion plans include entry into multiple other states, each with substantive demand.

Financials

Company has continued its growth in recent years and with additional capital can expand its footprint – most of its Revenues (75%+) are recurring in nature.

Management

Key management is willing to remain post-Closing for up to two years in addition to retaining a minority stake.