GR Energy Services Holdings LP
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.
GR Energy Services Holdings LP - overview
Established
2013
Location
Sugar Land, TX, US
Primary Industry
Oil & Gas
About
Based in US, GR Energy Services Holdings LP operates as a completion and production solutions company dedicated to reducing operating risk and overall cost of operations for oil and gas companies. Wayne Richards is the President and CEO of the company. In March 2021, NOW Inc. acquired GR Energy Services Holdings LP's Flex Flow business from GR Energy Services Holdings LP.
The company’s oil and gas completion includes perforating technologies, wireline well logging suites and engineered completion designs. The company provides production solutions like ‘Flex Flow’ that lower the cost of artificial lift and fluid transfer. GR Energy Services Flex Flow water management system helps to lower the total cost of operations of saltwater disposal, injection, and water management. The company’s ZIP Intervention Platform enables maximizing pumping time, reduce risk, and lower the total cost of operations.
The company offers logging-while-tripping (LWT†) services to obtain openhole logs quickly and with lower risk. To improve well stimulation and productivity, the company offers the PerfTactix 5-step program which utilizes drilling, mud logging and formation evaluation data. The estimated annual revenue of the company is currently $164. 6M and the estimated revenue per employee is $245,000.
Current Investors
Pine Brook Partners
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Equipment and Services
Website
www.grenergyservices.com
Total Amount Raised
Subscriber access only
GR Energy Services Holdings LP - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | GR Energy Services Holdings LP | - | ||||||||
| Growth | Completed | GR Energy Services Holdings LP | - |
Displaying 1 - 2 of 2
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.