Primexx Energy Partners

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Primexx Energy Partners - overview

Location

Dallas, TX, US

Primary Industry

Oil & Gas

About

Primexx Energy Partners is a Dallas-based company focused on energy exploration and production, emphasizing innovative strategies to enhance operational efficiency and sustainability. Primexx Energy Partners specializes in energy exploration and production. The company was founded in Dallas, Texas, with a focus on adapting its business strategies to meet the evolving energy market. Precious Iwuoha serves as the CEO, bringing a wealth of experience in energy sector management.


The firm completed its most recent deal on September 29, 2015, and has been actively involved in one deal to date. The company offers a comprehensive range of services within the energy sector, focusing on exploration and production. Their core offerings include drilling operations, resource management, and environmental compliance services, designed to optimize resource extraction and sustainability. Primexx Energy Partners caters to various clients, including energy producers and industrial users, across North America, Europe, and parts of Asia, providing solutions that address specific operational challenges in these regions.


Over the years, their services have evolved, incorporating advanced technologies for efficient resource management and compliance with environmental standards. Primexx Energy Partners generates revenue through various streams, primarily from energy production and operational services. The company engages clients through long-term contracts for energy supply and resource management services. Revenue is bolstered through strategic partnerships in the energy sector, enhancing distribution capabilities.


Their emphasis on environmental compliance and operational efficiency contributes to the firm’s financial performance, reflecting their commitment to providing effective energy solutions to their diverse clientele. Looking ahead, Primexx Energy Partners plans to expand its service offerings by launching new technologies aimed at improving energy extraction efficiency expected to roll out in late 2023. The company is also targeting expansion into additional North American states and European markets by 2025, aiming to capitalize on emerging opportunities in these regions. Recent funding secured in 2015 will be utilized to support these initiatives, enabling infrastructure development and technological advancements necessary for sustained growth.


Primary Industry

Oil & Gas

Sub Industries

Oil & Gas, Petrochemicals

Website

www.primexx.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

Primexx Energy Partners - 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)
Private DebtCompletedPrimexx Energy Partners-

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