Allied-Horizontal Wireline Services

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Allied-Horizontal Wireline Services - overview

Established

2010

Location

Houston, TX, US

Primary Industry

Oil & Gas

About

Allied-Horizontal Wireline Services provides innovative wireline solutions for the oil and gas industry, focusing on enhancing operational efficiency and safety while minimizing environmental impact. Founded in 2010 and headquartered in Houston, US, Allied-Horizontal Wireline Services specializes in advanced wireline services that improve oil and gas well operations. The company has successfully completed 3 deals, establishing a robust presence in key regions such as Pennsylvania, Texas, and Oklahoma. The firm's operations have consistently centered around optimizing well completion processes without notable pivots in business strategy since its inception.


Allied-Horizontal Wireline Services delivers advanced wireline solutions tailored for the oil and gas sector. Their flagship product, the EcoDrive™ Wireline Unit, leverages electric power to reduce carbon emissions during operations. Additionally, they offer technological innovations like ExT™ Lateral Solutions and SEER Packoff Remote Disconnect Systems, aiming to assist oil and gas operators in optimizing well completion. Their services are particularly utilized across diverse geographical markets where the demand for sustainable energy solutions is significant.


Allied-Horizontal Wireline Services operates under a business-to-business (B2B) model, generating revenue through service contracts aligned with oil and gas exploration and production companies. Clients are billed for the deployment of the EcoDrive™ Wireline Units and other specialized technologies based on project requirements, ensuring a pricing structure reflective of the complexity of services provided. This approach fosters long-term partnerships while maintaining competitiveness in a rapidly evolving market. Looking ahead, Allied-Horizontal Wireline Services plans to expand its product offerings and geographic presence.


The company is currently developing new products to enhance service efficiency, with anticipated launches in the coming fiscal year. Targeted expansion includes reaching new markets in North Dakota and New Mexico by 2025. Following the acquisition by Appareo Capital, the funds will be strategically utilized to support these growth initiatives and bolster their technological advancements.


Current Investors

Turnbridge Capital, Swift River Investment, Appareo Capital

Primary Industry

Oil & Gas

Sub Industries

Oil & Gas Equipment and Services

Website

www.alliedhorizontal.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Allied-Horizontal Wireline Services - 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)
Private DebtCompletedAllied-Horizontal Wireline Services-
Add-onCompletedHorizontal Wireline Services-
BuyoutCompletedAllied-Horizontal Wireline Services-
BuyoutCompletedAllied-Horizontal Wireline Services-

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Allied-Horizontal Wireline Services - employee data

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