VEN1179

National Distributor of Midstream Products for Natural Gas Industry

Southwest US
 

The company provides essential engineered equipment and maintenance products, such as air, oil and fuel filters, spark plugs, fan belts, engine parts and catalyst products, to the midstream natural gas industry primarily in the Central South Sections of the US and all natural gas Shale plays in the U.S. The company also designs and makes custom, specialized processing and filtration equipment for gas processing plants and various pipelines throughout the country for over 50 years.

Key Aspects:

  • Represents and markets specialty products from over 100 manufacturers, factory-direct, for the natural gas industry
  • Provides supplies and equipment to the major natural gas and liquid pipelines in the US, including over 10,000 spark-ignited natural gas engines
  • Maintains solid, ongoing repeat business having created a market for its non-durable, replaceable goods
  • Services and provides products and equipment to over 600 gas processing plants in the US
  • Close, existing business relationships with customers for the past 50 years
  • One of the few remaining companies with experience currently specializing in the midstream industry
  • High level participation in the major natural gas industry trade associations

    Opportunities:

    • Markets products to customers in all U.S. shale plays with an established and substantial presence in The Permian and Mid-Continent Basins, the busiest natural gas shale plays
    • Continues to grow, providing products to customers with each new additional gas plant, pipeline and facility commissioned in the major gas shale plays
    • Additional opportunities underway for further exclusive product introductions and new technologies being developed for the industry
       

      Potential Purchasers:

      • Attractive company for those seeking introduction and participation in the midstream market, one of the most stable markets in the energy industry
         
        Year:

        2015

        Tax Rtns

        '000

        2016

        Tax Rtns

        '000

        2017

        Tax Rtns

        '000

        2018

        Tax Rtns

        '000

        Turnover11,75510,15812,00616,029
        Gross Profit:3,5963,2243,5584,865
        Adj. EBITDA *9759251,0862,088
        * Earnings before interest, tax and depreciation (non-cash item)
         
        Bids Invited