Frank's International N.V.
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Frank's International N.V. - overview
Established
1938
Location
Den Helder, -, Netherlands
Primary Industry
Oil & Gas
About
Frank's International N. V. is a leading provider of engineered tubular services and solutions for the energy sector, specializing in well construction, management, and intervention. Founded in 1938 in Den Helder, Netherlands, Frank's International N.
V. operates within the energy sector, focusing on tubular solutions. The company was acquired by Bain Capital in March 2017, although specific financial details were not disclosed. Frank's International has no known subsidiaries and has engaged in a total of 1 deal to date.
The current leadership includes Jai Gupta, Mike Jardon, and Sandip Ranpariya. Frank's International offers a range of engineered tubular services, including well construction, tubular running, and cementing services. Their solutions address the complete well life cycle, enhancing efficiency and safety for clients in the energy sector. They serve major oil and gas operators with advanced technologies across various regions, including North Latin America and deepwater projects offshore Mexico.
In 2023, Frank's International reported a revenue of USD 1. 51 bn, with an EBITDA of USD 183. 06 mn. The company generates revenue primarily through B2B relationships, offering specialized services for well management and construction, which are well-tailored to meet the demands of major energy operators.
Looking ahead, Frank's International is focused on expanding its product offerings and market reach. The company is exploring new technological innovations to enhance well management services and is targeting new geographic regions for expansion by 2025. The recent acquisition by Bain Capital in March 2017 is expected to provide the necessary support for these growth initiatives.
Current Investors
Bain Capital
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Exploration and Production, Oil & Gas Equipment and Services, Petrochemicals
Website
www.franksinternational.com
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Frank's International N.V. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PIPE | Completed | Frank's International N.V. | - | ||||||||
| Trade Sale | Completed | Blackhawk Specialty Tools LLC | - |
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