NEWPARK DRILLING FLUIDS INTERNATIONAL LLC
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NEWPARK DRILLING FLUIDS INTERNATIONAL LLC - overview
Location
Texas City, TX, US
Primary Industry
Oil & Gas
About
Based in the US, Newpark Resources, Inc. 's Fluids Systems Business operates as a provider of oil, gas, and geothermal fluids solutions. In September 2024, SCF Partners acquired Newpark Resources, Inc. 's Fluids Systems Business for approximately USD 127.
5 million. As of 2024, the company is being led by its CEO, David Paterson. The firm offers a comprehensive range of drilling and completion products, technical services, and innovative digital modeling tools. The firm also provides a digital modeling software suite to support its range of drilling & completion products and related technical services.
The company intends to use the September 2024 funds to accelerate its organic and inorganic growth.
Current Investors
SCF Partners
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Exploration and Production, Analytics & Performance Software
Total Amount Raised
Subscriber access only
NEWPARK DRILLING FLUIDS INTERNATIONAL LLC - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Corporate Carve Out | Completed | NEWPARK DRILLING FLUIDS INTERNATIONAL LLC | - |
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