Derrick Oil and Supply, Inc.
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Derrick Oil and Supply, Inc. - overview
Established
1977
Location
-, TX, US
Primary Industry
Oil & Gas
About
Derrick Oil and Supply, Inc. specializes in providing lubrication solutions and fuel management services to various industrial sectors, including agriculture and automotive, across the southern United States. Derrick Oil and Supply, Inc. was founded in 1977 in Port Arthur, US, and operates as a member of the RelaDyne family.
The company focuses on lubrication solutions and fuel management. In September 2011, Derrick Oil was acquired by RelaDyne, a portfolio company of AEA Investors. The firm has been involved in one deal, with the most recent deal occurring on September 2, 2011. Derrick Oil & Supply, Inc.
provides a comprehensive range of products and services focused on lubrication solutions and fuel management. The company specializes in industrial lubricants, including motor oils, greases, and specialized chemicals tailored for sectors such as agriculture, automotive, and industrial manufacturing. Derrick Oil also offers fuel services, including the transportation and delivery of gasolines, diesel fuels, kerosene, and solvents, as well as equipment and facility audits for lubrication systems. Their client base includes large industrial operations, transportation fleets, and commercial enterprises, specifically in Texas and Louisiana.
Derrick Oil & Supply generates revenue through a variety of business transactions primarily structured as B2B partnerships, focusing on direct sales to industrial sectors. Their revenue model includes bulk and drum lubricants, fuel supply services, and lubrication management consulting. Transactions involve direct procurement agreements with manufacturers and distributors, where customers engage in purchasing contracts for ongoing supply. Derrick Oil also offers lube engineering services, which may include corporate lubrication surveys and equipment audits, further solidifying their role in clients' operational frameworks.
Pricing plans are tailored based on service scope and product specifications. Derrick Oil & Supply plans to enhance its product offerings and expand its market presence in the coming years. Although specific new product launches have not been detailed, their strategy includes exploring additional lubrication solutions tailored to emerging market needs. The company aims to expand into new geographic regions beyond Texas and Louisiana by 2025.
The previous acquisition by RelaDyne in September 2011 has positioned Derrick Oil to leverage additional resources for these growth initiatives.
Current Investors
RelaDyne LLC
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Exploration and Production, Logistics & Distribution
Website
www.derrickoil.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Derrick Oil and Supply, Inc. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Derrick Oil and Supply, Inc. | - |
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Derrick Oil and Supply, Inc. - employee data
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