Tangle Creek Energy Ltd.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Tangle Creek Energy Ltd. - overview
Established
2010
Location
Calgary, AB, Canada
Primary Industry
Oil & Gas
About
Tangle Creek Energy Ltd. is a Canadian energy company specializing in the development and operation of oil and gas assets, offering innovative solutions that prioritize resource efficiency and environmental sustainability. Founded in 2010 and headquartered in Calgary, Canada, Tangle Creek Energy Ltd. focuses on oil and gas asset development and operations.
The company has undergone strategic changes, enhancing its operational capabilities. Tangle Creek has completed 2 deals, with the most recent deal occurring on July 7, 2021, when it was acquired by Hawthorne Energy, LLC from ARC Financial Corp. and Camcor Partners for undisclosed terms. The firm has raised total funding of CAD 147.
000 mn through its LATEST_ROUND: Growth, involving investors such as ARC Financial and Camcor Partners. Tangle Creek Energy specializes in providing innovative solutions within the energy sector, focusing primarily on the development and operation of oil and gas assets. Their core offerings encompass exploration, production, and infrastructure services, aimed at maximizing resource efficiency and minimizing environmental impact. The company targets a diverse clientele, including energy producers, industrial manufacturers, and government entities, addressing challenges such as energy supply reliability and sustainability.
Tangle Creek Energy has strategically positioned its products and services in key geographical markets, particularly in North America, where demand for energy resources continues to grow amidst evolving regulatory landscapes and technological advancements. By continuously improving their operational capabilities, Tangle Creek Energy aims to deliver reliable energy solutions that meet the needs of various end users ranging from local communities to large-scale enterprises. Tangle Creek Energy generates revenue through a comprehensive transaction structure that primarily involves B2B partnerships, collaborating with other industry players to optimize resource extraction and distribution. Their revenue model includes long-term contracts with energy producers, providing a steady income stream based on the performance and delivery of services related to their key offerings.
The company's flagship products are tied to their exploration and production initiatives, involving specific pricing agreements based on project scope and operational efficiency. By engaging in direct negotiations with clients to establish service agreements, Tangle Creek Energy ensures that their revenue reflects the value delivered through efficient energy solutions and infrastructure development. The financial structure is designed to foster long-term relationships in the energy sector, enhancing their market position as a reliable partner in the industry. Tangle Creek Energy intends to leverage its recent funding of CAD 147.
000 mn to enhance its service offerings and operational capabilities. While specific new products and release dates have not been announced, the company is keen to explore new markets, particularly targeting regions within North America aimed at expanding its customer base. This growth strategy is anticipated to unfold in the coming years as the company aligns its objectives with the increasing demand for energy solutions. The recent acquisition in July 2021 will further support these initiatives, positioning Tangle Creek Energy for continued development in the evolving energy landscape.
Current Investors
ARC Financial, Camcor Partners
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Exploration and Production
Website
www.tanglecreekenergy.com
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Tangle Creek Energy Ltd. - 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, Trade Sale | Completed | Tangle Creek Energy Ltd. | - | ||||||||
| Growth | Completed | Tangle Creek Energy Ltd. | - |
Displaying 1 - 2 of 2
Tangle Creek Energy Ltd. - employee data


Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.