OneCor Services LLC

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.

OneCor Services LLC - overview

Established

1971

Location

Williston, ND, US

Primary Industry

Environmental Services

About

OneCor Services LLC delivers specialized weed control and environmental management solutions primarily for the oil and gas industry, enhancing ecological stewardship and operational safety. Founded in 1971 in Williston, US, OneCor Services LLC focuses on providing environmental services. The company has seen strategic pivots in its operational focus over the years, concentrating on vegetation management for energy sector clients. Tom Bachmeier currently serves as CEO.


OneCor Services has secured funding for its initiatives, with the most recent deal occurring on September 6, 2017, involving investment from Ranch Creek Partners and Hillstar Capital. OneCor Services specializes in comprehensive weed control and environmental services aimed primarily at the oil and gas industry. Their core offerings include vegetation management solutions that mitigate the impact of invasive plant species on operational sites. This service is designed to enhance ecological stewardship while ensuring compliance with industry regulations.


The company utilizes unique equipment and established systems to deliver these services effectively, allowing them to prevent potential environmental releases and enhance site safety. OneCor Services operates in various geographical markets across the United States, specifically targeting states with active oil and gas operations, such as North Dakota and Texas. Their client base consists of energy companies that require sustainable land management practices to protect the environment while maximizing operational efficiency. OneCor Services generates revenue primarily through direct business-to-business transactions with its clients in the oil and gas sector.


The company operates on a service contract basis, where clients pay for vegetation management and environmental consulting services tailored to their specific needs. Pricing structures are determined based on service complexity, acreage involved, and the type of vegetation management required. The company may offer flagship services under specific trademarked names associated with their innovative approaches to weed control and environmental management. By focusing on long-term partnerships with their clients, OneCor Services ensures a stable revenue stream through ongoing service agreements, allowing for predictable cash flow while maintaining strong client relationships.


OneCor Services aims to enhance its service offerings by developing new products focused on innovative environmental management solutions. The company plans to expand its operations into new markets in the northeastern US by the end of 2023. Recent funding from the September 2017 investment deal will support these expansion initiatives and product development.


Current Investors

Hillstar Capital, Ranch Creek Partners

Primary Industry

Environmental Services

Sub Industries

Environmental Services, Agribusiness, Commodity Chemicals, Petrochemicals

Website

www.jerrysservices.com

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

OneCor Services LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
GrowthCompletedOneCor Services LLC-

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.