Specialized OFS Equipment Rentals Company (Gulf Coast)

This equipment rentals company provides specialized pressure control and associated equipment packages to the oil and gas industry, primarily for wireline service operations throughout an oil & gas well's lifecycle. From###-###-#### , the company has averaged $9.9M revenue with $3.8M Adj. EBITDA (38% margin). It's headquartered in Louisiana, with a satellite location in Texas. They have a strong reputation for high quality products and services, which is reflected in their loyal customer base with many blue chip names. One real estate location is owned and could be included along with the business, depending on buyer preference and the overall deal structure. The deal has been pre-qualified by one of the top commercial loan brokers serving the searcher and independent sponsor space, with both SBA and conventional loan structures available to consider. This opportunity could be interesting for a searcher, independent sponsor or LMM private equity firm. The three owners are very flexible on a transition plan with the right buyer, with each of them willing to commit at least a year, and one or more being open to a longer transition should that be needed. They have an internal candidate identified as a possible General Manager successor, or they could help a new owner source that candidate externally. Ultimately, the owners are seeking a plan and path to retirement. Please send me a DM or email at --@----.com if you'd like to sign an NDA and learn more.