Pipe Exchange, Inc

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Pipe Exchange, Inc - overview

Established

1950

Location

Houston, TX, US

Primary Industry

Materials

About

Pipe Exchange, Inc. specializes in the distribution of API carbon steel line pipe, effectively serving the energy sector with just-in-time delivery solutions tailored for midstream gathering companies across the United States. Founded in Houston, US, Pipe Exchange, Inc. is dedicated to the distribution of line pipe solutions for the energy industry.


The company was acquired by Corpac Group in June 2016, with financial terms undisclosed. Pipe Exchange operates from its headquarters in Houston and has been involved in two significant deals since its inception. Pipe Exchange specializes in the distribution of API carbon steel line pipe, primarily catering to midstream gathering companies across the United States. Their core product offerings consist of both domestic and imported line pipe solutions, designed to meet the just-in-time needs of their clients.


These pipes are essential for transporting natural gas, crude oil, and other liquids, which are critical to the energy sector. The company maintains a robust inventory to ensure that customers can receive their orders promptly, minimizing downtime in their operations. Pipe Exchange serves a diverse client base that includes major energy companies, pipeline operators, and contractors involved in the oil and gas industry nationwide, ensuring they meet the demands of various geographical markets. Pipe Exchange generates revenue through direct sales of line pipe products to businesses in the energy sector, employing a B2B transaction model.


Clients typically place orders based on their immediate project requirements, with the company facilitating timely deliveries from their extensive inventory. This operational structure allows for flexibility in order sizes and shipping schedules, appealing to organizations that require rapid response to material needs. While specific pricing details of the products are not disclosed, the company’s offerings are positioned to deliver solutions that align with the competitive landscape of the pipeline distribution market. Pipe Exchange's strategy emphasizes reliability and availability, which are crucial for clients managing large-scale energy projects.


As of June 2016, after its acquisition by Corpac Group, Pipe Exchange aims to expand its product offerings and enhance its market presence. The company is focusing on developing new line pipe solutions tailored to evolving energy sector demands, with plans to launch these products within the next year. Additionally, Pipe Exchange is exploring opportunities to penetrate new geographic markets, particularly in the Midwest and Northeast regions of the United States, by 2024. The recent acquisition and the funding it secured will support these initiatives, allowing for investment in inventory and operational capabilities to ensure timely delivery and customer satisfaction.


Primary Industry

Materials

Sub Industries

Power Generation Equipment & Services, Rubber & Plastics, Steel & Metals

Website

www.pipexch.com

Verticals

Manufacturing

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Pipe Exchange, Inc - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedPipe Exchange, Inc-
BuyoutCompletedPipe Exchange, Inc-

Displaying 1 - 2 of 2

Pipe Exchange, Inc - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

GoingPro

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.