#18750 Premier Fluid Management, Pumping & Equipment Rental Company
This OFS Company has stood the test of time. This oilfield fluid transportation and pumping service started in 1964. The business has 2 other satellite areas they operate from. Most of their customers have been loyal to the company throughout the years since inception and have grown with the company throughout the oil and gas industry.
The Company’s growth can be attributed mainly to their strengths and advantages in the areas of reliability, integrity, quality of work, timeliness of response, competitive pricing and geographic location as well as long tenured positions with their employees.
The addition of equipment and the growth of the workforce to 121 plus employees allow the Company to capture additional revenue from work previously outsourced. The Company continues to expand their sales territory and as their customers expand into additional counties the Company is currently looking at expanding into other servicing area and service lines. Currently, as a part of the Company’s revenue, there are four Companies that handle everything from fluid management, pump downs, kill trucks, dirt work, roustabout services, to equipment rental. While continuing to keep their equipment maintained and currently rolling new equipment into their fleets.
The Company has much to offer a potential purchaser in the areas of stability and potential growth and a management team in place willing to grow this Company to the next level. They are recognized for their good reputation, reliability, strong customer base, good cash flow, located in the area’s largest shale play areas and they still have growth potential.
Since the Company has enough physical room for growth in both their operations, they are always looking for ways to grow their Company through forms of acquisitions. There is significant opportunity for growth of the business by adding sales personnel, expanding into other servicing areas, investing in additional equipment and opening additional oilfield service lines.
The Company is currently looking at putting in another yard and expanding their servicing area through an acquisition.
For more information on this acquisition opportunity contact:
W. Brad Troutman
APEX Mergers & Acquisitions LLC