Florida Lift Gas, 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.
Florida Lift Gas, Inc. - overview
Location
Tampa, FL, US
Primary Industry
Oil & Gas
About
Florida Lift Gas, Inc. , based in the US, specializes in gas lift systems crucial for enhancing oil recovery in the petroleum industry, providing advanced equipment tailored to optimize production efficiency. Florida Lift Gas, Inc. focuses on developing gas lift systems to improve oil extraction processes in the petroleum sector.
The company is headquartered in Tampa, US, and has completed 1 deal. In November 2025, Reliable Energy Partners, a portfolio company of Soundcore Capital Partners, acquired Florida Lift Gas, Inc. , although financial terms were not disclosed. The details regarding the founder and CEO are currently unavailable.
Florida Lift Gas specializes in developing gas lift systems that enhance oil recovery processes in the petroleum industry. Their core offerings include advanced gas lift equipment designed to optimize production efficiency and reduce operational costs. These systems facilitate the flow of oil to the surface by lowering hydrostatic pressure in the wellbore, addressing challenges posed by conventional pumping methods. The company primarily serves the North American oil and gas markets, catering to a diverse clientele of oilfield operators, drilling companies, and energy firms.
Florida Lift Gas generates revenue through direct sales and service agreements within the oil and gas sector. The business model encompasses both the sale of gas lift equipment and ongoing service contracts for maintenance, ensuring optimal system performance. Client partnerships are typically established on a B2B basis, with customized solutions designed to meet specific production needs. Revenue is anchored in both equipment sales and sustained service offerings, essential for maintaining efficient operations in the competitive energy market.
The acquisition by Reliable Energy Partners in November 2025 is set to enhance the service offerings and market presence of Reliable Energy Partners in Florida, US. As of now, there are no specific details provided regarding upcoming new products or plans for expansion into new markets.
Current Investors
Reliable Energy Partners
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Equipment and Services, Power & Utilities, Logistics & Distribution
Website
www.floridaliftgas.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Florida Lift Gas, 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 | Florida Lift Gas, Inc. | - |
Displaying 1 - 1 of 1

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.