Pump Energy, Inc.
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Pump Energy, Inc. - overview
Established
1978
Location
-, TX, US
Primary Industry
Logistics & Distribution
About
Pump Energy, Inc. specializes in providing industrial fluid handling solutions, focusing on the supply of pumps and rotating equipment. Their offerings cater to a variety of industrial applications, enhancing operational efficiency and reliability. Founded in 1978, Pump Energy, Inc.
operates out of Stafford, US, delivering industrial fluid handling solutions. The company has undergone a shift in strategy and was acquired by FCX Performance, Inc. , a subsidiary of Harvest Partners, in July 2014 for an undisclosed amount. The founder's details and prior ventures are not publicly available.
Pump Energy specializes in industrial fluid handling products and services, focusing on pumps and rotating equipment. Their inventory includes products from reputable brands such as Flowserve, Roper Pump Company, Gorman-Rupp, Grundfos, Wanner Engineering, SIHI Pumps, and BJM Pumps, designed to optimize fluid movement across various industrial settings. The company serves clients in Southeast New Mexico and western and southern Texas, including cities such as Midland-Odessa, Austin, Corpus Christi, San Antonio, and Houston. Technicians are factory certified to provide expert maintenance and support tailored to operational needs.
The revenue at Pump Energy is driven by B2B sales of industrial fluid handling products and services to multiple sectors. Clients procure pumps and rotating equipment for their operations and may engage in service agreements for maintenance and upgrades, fostering long-term relationships. The company's offerings include both standard and specialized equipment, enhancing customer satisfaction and contributing to revenue generation. Pump Energy's growth strategy post-acquisition includes a focus on developing new industrial fluid handling products, with specific launch dates yet to be announced.
The company plans to expand its market presence further into regions within Texas and neighboring states, targeting new clients by the end of 2025. The funding from the acquisition by FCX Performance will be utilized to support these initiatives, aiming to enhance product offerings and expand operational capabilities.
Current Investors
FCX Performance, Inc.
Primary Industry
Logistics & Distribution
Sub Industries
Food & Beverage Distribution
Website
www.pumpenergy.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Pump Energy, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Pump Energy, Inc. | - |
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