PURAGLOBE Inc.
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PURAGLOBE Inc. - overview
Established
1995
Location
Tampa, FL, US
Primary Industry
Oil & Gas
About
PURAGLOBE Germany GmbH is a leader in the recycling and re-engineering of used oils and lubricants, transforming them into advanced sustainable base oils for various industrial applications. Founded in 1997, PURAGLOBE specializes in recycling used oils and lubricants. The company has undergone strategic changes to enhance its operations. Headquartered in Florida, US , PURAGLOBE was acquired in August 2018 by Ara Partners and Junction Energy Capital, although specific financial terms were not disclosed.
PURAGLOBE specializes in the collection, recycling, and re-engineering of used oils, lubricants, and other precursors into advanced sustainable base oils. Utilizing exclusive patented technologies, including the Honeywell UOP HyLube™ and HyLubeSAT™ processes, the company produces high-quality Group III/III+ base oils and blends them into various motor oils and lubricants. These products are designed for diverse applications, including automotive lubricants and fluids for electric vehicles (EVs), addressing the industry's demand for sustainable alternatives. PURAGLOBE serves a broad client base that includes manufacturers of motor oils, automotive lubricants, and other related products, primarily in North America and Europe, with plans to expand into additional international markets in the near future.
Current Investors
Ara Partners, Junction Energy Capital
Primary Industry
Oil & Gas
Sub Industries
Petroleum Refining, Petroleum Wholesale Distribution, Petrochemicals, Commodity Chemicals
Website
www.puraglobe.com
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
PURAGLOBE 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | PURAGLOBE Inc. | - |
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