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Pipe Fabrication Company Serving Oilfield Industry

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Opportunity Number: 
A001
Industry: 
Oilfield Service Industry
Location: 
Saskatchewan, Canada
Listed Price: 
$2.6M CDN – Incl Real Estate
Total Sales: 
$2.7M for 2011
EBITDA: 
Strong normalized EBITDA close to $650k

 

  • 35% revenue growth over 2010; 90% revenue growth over 2009,
  • A certified fabricator, welder, installer and repairer of high pressure piping systems, primarily for the oil field industry
  • Strong sales and earnings in the manufacturing of pressure piping systems since 1994,
  • Has an excellent reputation within the oil industry, with a solid customer base in Saskatchewan and Alberta, including major oil companies,
  • Strong normalized EBITDA close to $650,000,
  • Two owners taking over $450,000 in management fees,
  • Buyer financing is available through a large financial institution based on cash flow, property value or lease back of equipment,
  • Highly sought after technical expertise and certification provide a competitive edge,
  • Strong focus on quality and craftsmanship and an extremely efficient and well maintained manufacturing facility,
  • Proven safety record and competitive pricing,
  • Many opportunities to increase sales by diversifying into new segments of the oilfield service industry,
  • IT, administrative and accounting systems are well in place and functional,
  • Current owners are committed to assist new ownership for a smooth transition and will be a valuable asset to the acquirer during the transition phase,
  • ASMI certified in Alberta & Saskatchewan and a CWB certified shop for structural steel.

This is an excellent opportunity for a company in the same industry or in a related field to expand strategically and find economies of scale.