Rk Supply

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Rk Supply - overview

Established

2008

Location

-, TX, US

Primary Industry

Oil & Gas

About

Rk Supply is a company focused on delivering essential products and services to the oil and gas industry, including valves, fittings, and personal protective equipment, bolstering operational efficiency for clients in the sector. Rk Supply, founded in 2008, is headquartered in Midland, US, and specializes in supplying the oil and gas industry with vital operational products. In July 2018, the company was acquired by Clavis Capital Partners. The CEO is Elliott Smith, while Homer Daniels also plays a significant role in leadership.


Rk Supply specializes in providing comprehensive solutions to the oil and gas industry through a diverse range of products and services. Their core offerings include valves, fittings, pipes, and personal protective equipment (PPE), essential for the efficient operation of oilfield activities. Additionally, RK Supply has expanded its operations to include engineering, design, and manufacturing of threaded and grooved fittings, enhancing their service capabilities. The company serves a wide client base that includes oil and gas operators and contractors, primarily in Texas, New Mexico, and Oklahoma, ensuring timely delivery and support tailored to meet specific customer needs.


This focus on customer service and quality is supported by their Engineering and Testing Center, where rigorous testing ensures product reliability and performance. Rk Supply operates on a business-to-business (B2B) model, delivering its products and services directly to clients within the oil and gas sector. Transactions typically involve bulk orders for essential equipment, such as valves and fittings, which are crucial for operational continuity. The supply chain is structured to facilitate quick deliveries, minimizing downtime.


While specific pricing plans are not disclosed, the company’s flagship engineered fittings play a significant role in revenue generation, supporting ongoing relationships with clients and addressing immediate operational demands. Following the acquisition in July 2018, Rk Supply plans to leverage recent funding to enhance product offerings and expand market reach. The company aims to introduce new products designed specifically for evolving industry requirements in the coming years. They are also targeting expansion into additional geographical regions, with a focus on broadening their presence beyond Texas, New Mexico, and Oklahoma by 2025.


Current Investors

Clavis Capital Partners

Primary Industry

Oil & Gas

Sub Industries

Oil & Gas Equipment and Services, Electrical, Plumbing & Hardware Distributors

Website

www.rksupply.net

Verticals

Infrastructure

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Rk Supply - 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)
BuyoutCompletedRk Supply-

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