Technical Toolboxes Powertools, Inc.
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Technical Toolboxes Powertools, Inc. - overview
Established
1996
Location
Houston, TX, US
Primary Industry
Software
About
Based in Texas, US, and founded in 1996, Technical Toolboxes Powertools, Inc. operates as a software company that offers pipeline software solutions. In January 2022, Hammond, Kennedy, Whitney & Co. acquired Technical Toolboxes Powertools, Inc and as of 2022, the company is led by its CEO Drew Lafleur.
Technical Toolboxes provides cloud-based software solutions and integrated digital tools for pipeline engineering professionals in the oil and gas, construction service, and industrial inspection sectors, including online resources, specialized training courses, pipeline designing software, data dashboard called pipeline hub to store data, application programming interface (API) inspection solution, and bottom stability simulator. As of 2022, the company’s offerings include over 230 analytical tools and its client base includes Marathon, Eog Resources, DTE Energy, and Chevron. Following the acquisition, the company plans to use the support from Hammond, Kennedy, Whitney & Co to support its growth in the midstream sector. In July 2025, Bessemer Venture Partners acquired Technical Toolboxes Powertools, Inc.
from Hammond, Kennedy, Whitney & Co.
Current Investors
Hammond, Kennedy, Whitney & Co., Theatre Capital
Primary Industry
Software
Sub Industries
Education & Training Services, Analytics & Performance Software, Application Integration Software, Engineering Software
Website
www.technicaltoolboxes.com
Verticals
Cloud Computing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Technical Toolboxes Powertools, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Technical Toolboxes Powertools, Inc. | - | ||||||||
| Buyout | Completed | Technical Toolboxes Powertools, Inc. | - | ||||||||
| Buyout | Completed | Technical Toolboxes Powertools, Inc. | - |
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Technical Toolboxes Powertools, Inc. - employee data
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