Gulfstream Services, Inc.
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Gulfstream Services, Inc. - overview
Established
1978
Location
Houma, LA, US
Primary Industry
Oil & Gas
About
Gulfstream Services, Inc. is a specialized provider of rental equipment and services tailored for the oil and gas industry, focusing on the operational needs of clients from drilling to decommissioning. Founded in 1978 and headquartered in Houma, US, Gulfstream Services, Inc. offers high-quality rental equipment to the oil and gas sector.
The firm underwent a significant acquisition in October 2014 when The Jordan Company, along with Management, acquired the company. CEO Robert (Bobby) Bond leads the firm, which has completed one deal to date. Gulfstream Services, Inc. (GSI) specializes in providing high-quality rental equipment and comprehensive services tailored to the oil and gas industry.
The company’s core offerings include a wide range of rental tools and machinery designed to support operations from drilling to decommissioning processes. These products are engineered to meet and exceed industry standards, ensuring reliability and high performance in challenging environments, whether offshore or onshore. GSI serves a diverse clientele that includes operators and service companies within the energy sector, providing solutions that address specific operational needs such as safety, efficiency, and cost-effectiveness. The geographical markets for GSI's products extend beyond Louisiana, reaching clients across North America, the Gulf of Mexico, and potentially international markets where oil and gas exploration and production activities are prominent.
Gulfstream Services generates revenue primarily through direct business-to-business transactions with its clients in the oil and gas sector. The firm's transaction structure is focused on rental agreements and service contracts, where clients engage GSI for specific projects requiring specialized equipment. Typical engagements involve clients renting equipment for defined periods, potentially coupled with service packages that include maintenance and technical support. While specific pricing plans for individual products and services are not publicly disclosed, the cost structure is designed to reflect the premium quality and reliability of GSI’s offerings.
GSI's flagship products are integral to their reputation, contributing to consistent revenue streams as clients rely on the firm for critical operational support in various phases of energy projects. Gulfstream Services plans to enhance its product offerings by developing new rental equipment aimed at improving operational efficiency, with expected launches in the coming years. The company is targeting expansion into international markets, specifically in regions with significant oil and gas exploration, by 2025. The recent acquisition funding in October 2014 is expected to support these initiatives, enabling GSI to invest in research and development for new technologies and to expand its operational footprint.
Current Investors
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Equipment and Services
Website
www.gulfstreamservices.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Gulfstream Services, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Gulfstream Services, Inc. | - |
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