Stewart Tubular Products, LLC

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Stewart Tubular Products, LLC - overview

Established

1988

Location

Houston, TX, US

Primary Industry

Oil & Gas

About

Stewart Tubular Products, LLC is a Houston-based manufacturer specializing in tubular components and accessories for the oil and gas industry, focusing on providing tailored solutions to enhance drilling operations and safety. Founded in 1988 in Houston, US, Stewart Tubular Products, LLC manufactures tubular components for the oil and gas industry. The company has engaged in two significant funding deals, with the most recent occurring in December 2023 when it was acquired by Aterian Investment Partners. The founder's previous experience in the sector is not documented, and no subsidiaries are noted.


Stewart Tubular Products specializes in the manufacturing of a range of tubular components and accessories designed for the oil and gas industry. The company’s core offerings include custom manufacturing and machine services, along with tubular accessories such as stabbing guides, handling plugs, test fixtures, and pup joints, which are crucial for operational efficiency and safety in drilling. Stewart Tubular Products serves a diverse client base mainly in the United States but also extends its services to international markets including Canada and parts of South America, where oil exploration activities are significant. Stewart Tubular Products generates revenue through direct business-to-business transactions with clients in the energy sector.


These transactions are typically structured around project-based agreements allowing for specific manufacturing needs or ongoing supply contracts. Pricing is customized based on product volume and specifications, ensuring tailored solutions for clients. The company’s established relationships with drilling contractors and operators contribute to a continuous revenue stream, emphasizing its role in the oil and gas supply chain. In December 2023, Stewart Tubular Products, LLC was acquired by Aterian Investment Partners, a move aimed at further developing the company's business operations.


The acquisition will support upcoming product developments and designs, although specific release dates are not disclosed. The company is also focusing on expanding into new markets, particularly targeting growth in Canada and parts of South America by 2025.


Current Investors

Aterian Investment Partners

Primary Industry

Oil & Gas

Sub Industries

Oil & Gas Equipment and Services

Website

www.stewarttubular.com

Verticals

Manufacturing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Stewart Tubular Products, 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)
Secondary BuyoutCompletedStewart Tubular Products, LLC-
BuyoutCompletedStewart Tubular Products, LLC-

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