Wellflex Energy Solutions, LLC

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Wellflex Energy Solutions, LLC - overview

Established

2011

Location

Fort Worth, TX, US

Primary Industry

Oil & Gas

About

Wellflex Energy Solutions, LLC provides specialized domain name acquisition services, focusing on the sale of premium, verified domains to enhance clients' online presence. Founded in 2011 and headquartered in Fort Worth, US, Wellflex Energy Solutions, LLC operates in the domain acquisition sector. The company has engaged in a significant deal when, in November 2020, it was acquired by Petrosmith LLC, a portfolio company of Blue Wolf Capital Partners. The founder's background and previous ventures are not publicly documented.


Wellflex. com specializes in domain name acquisition services, particularly offering the premium domain name wellflex. com at a fixed price of USD 3,500. The company ensures a seamless purchasing process with features such as secure payment processing and free transaction support, catering to clients across North America, Europe, and the Asia-Pacific region.


Wellflex. com generates revenue through direct sales of domain names, emphasizing high-value transactions. The pricing structure allows clients to purchase domain names at established prices, such as USD 3,500, excluding applicable taxes. Transactions are conducted on a B2C basis, with revenue accrued from the outright purchase of domain names.


Moving forward, Wellflex Energy Solutions, LLC aims to innovate its product offerings and expand its market reach. The company plans to introduce new domain-related services in the next fiscal year. Additionally, it intends to penetrate new geographic markets, particularly targeting regions in Asia by the end of 2023. The strategic initiatives will be supported by the funds received from the acquisition by Petrosmith LLC in November 2020, although specific financial terms remain undisclosed.


Current Investors

Petrosmith, LLC

Primary Industry

Oil & Gas

Sub Industries

Engineering, Oil & Gas Exploration and Production, Oil & Gas Equipment and Services

Website

www.wellflex.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Wellflex Energy Solutions, 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)
Add-onCompletedWellflex Energy Solutions, LLC-

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