Acute Technological Services
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Acute Technological Services - overview
Established
1942
Location
Houston, TX, US
Primary Industry
Oil & Gas
About
Acute Technological Services is a Houston-based company specializing in advanced services and technologies for the energy sector, providing critical solutions that enhance oil and gas operations. Acute Technological Services, founded in 1942, operates in the energy sector by offering specialized services and technologies. The company was acquired by The Stephens Group on May 23, 2018. Headquartered in Houston, US, Acute Technological Services has not undergone significant pivots in its business strategy and does not have known subsidiaries or parent companies.
Acute Technological Services specializes in providing a diverse range of products and services tailored to the energy sector. Their core offerings include advanced drilling technologies, well completion systems, and subsea production solutions, designed to enhance operational efficiency and safety within the oil and gas industry. The company’s products are utilized in various stages of energy production, from exploration to extraction, addressing challenges such as resource accessibility and environmental compliance. Acute Technological Services serves a wide client base, which includes major oil and gas companies, independent operators, and service firms across North America, South America, Europe, and parts of Asia.
Each product is engineered to meet specific industry demands, facilitating smoother operations and maximizing productivity for end users engaged in energy production and management. Acute Technological Services generates revenue through multiple channels within the energy sector, primarily focusing on B2B transactions. The company engages in direct sales of its proprietary technologies and services to clients, which include contracts for equipment supply and installation, as well as ongoing maintenance agreements. Revenue can also be derived from strategic partnerships with other firms in the energy space, allowing for joint ventures on large-scale projects.
Specific pricing plans for products and services are structured around the complexity and scale of each project, often requiring customized quotes based on client needs. The flagship offerings, which are integral to their revenue model, include advanced drilling systems and subsea solutions, reinforcing their commitment to delivering high-value, tailored solutions to the energy market. Acute Technological Services plans to leverage its resources for upcoming product launches, enhancing its portfolio with new technologies designed for application in the energy sector. The company is focused on expanding its market presence in South America and parts of Asia by 2025.
The recent acquisition by The Stephens Group will facilitate these initiatives, providing the necessary capital to support product development and market expansion efforts.
Current Investors
The Stephens Group
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Equipment and Services
Website
http://www.oilstates.com/fw/main/acute-welding-988.html
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Acute Technological Services - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Acute Technological Services | - |
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