Varel International
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Varel International - overview
Established
1947
Location
Dallas, TX, US
Primary Industry
Oil & Gas
About
Varel International is a world’s fifth largest supplier in the global oil & gas drill bit market and the third largest in the mining and industrial drill bit market. The Company designs, manufactures and distributes roller cone and fixed cutter drill bits worldwide to major oil and gas exploration companies, drilling contractors, blasthole mining firms and other customers.
Current Investors
Lariat Partners
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Equipment and Services, Oil & Gas Exploration and Production, Petroleum Refining, Power Generation Equipment & Services, Logistics & Distribution, Mining
Website
www.varelintl.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Varel International - financials
| Fiscal Year Ended | Dec 31, 2013 |
|---|---|
| Revenue (USD) | - |
| % Revenue Growth (YoY) | - |
| EBITDA (USD) | - |
| Operating Income (USD) | - |
| Operating Margin | - |
| % EBITDA Margin | - |
| NET Income (USD) | - |
| % Net Margin | - |
Varel International - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Varel International | - | ||||||||
| Secondary Buyout | Completed | Varel International | - | ||||||||
| Buyout | Completed | Varel International | - | ||||||||
| Add-on | Completed | Pendemak Industries | - | ||||||||
| Recapitalisation | Completed | Varel International | - |
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Varel International - employee data
Varel International - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| President and CEO reporting to Board of Directors (BOD) | BM | ||||||
| Member Board Of Directors | BM |
BM Board Member
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