For two oilfield acquisitions we are evaluating I am looking for equipment lenders / ABL lenders. Below are metrics for review. Appreciate any insights and happy to have a discussion!
1. The company provides key oilfield services primarily for injection wells within the Permian Basin.
2021 Revenue: $2.1MM+ 2021 Adj Ebitda: $389k 2021 Total Liabilities: $650k+ Target Purchase Multiple: 3.5X Adj Ebitda
2. The company provides key production equipment including proprietary plunger lift sales within the Appalachian Region. 2021 Revenue: $3.7MM+ 2021 Adj Ebitda: $787k 2021 Total Liabilities: $520k+ Target Purchase Multiple: 3X Adj Ebitda