The offering consists of two entities operating collectively to provide synergistic benefits. The first entity is a buyer, repairer, refurbisher, lessor, and reseller of industrial equipment, specializing in production equipment for the oil & gas industry, and the second is the owner and property manager of the industrial complex from which both businesses, as well as several third-party lessors, operate.
Key Aspects
• Operating for more than 26 years in industrial & production equipment sales.
• National Board of Boiler and Pressure Vessel Inspection (NBBI) “R” certified for pressure
vessel repair.
• Equipment rental and leases provide alternative, recurring revenue streams.
• Ability to bid below-market and refurbish new and like-new surplus equipment provides
stock inventory and strong cash flow stream.
• Newly acquired building and cranes allow for additional inventory and repair capabilities.
Opportunities
• Completion of a building bay will allow for additional inventory for immediate rental and
sale.
• Growing demand for equipment rentals provides regular recurring revenues, which is
expected to continue.
• Hiring of chemical engineers can accelerate the purchase of new inventory and speed of
repairs.
• Diversify into other novel oilfield production equipment to increase product offerings.
• Synergistic gains with other equipment rental and fabrication businesses.
Headquartered
• Texas
Current Markets
• The Company provides industrial production equipment to various oilfield production and
equipment enterprises as well as chemical plants throughout the United States.
Real Estate
• The Company operates from a 135,000 total square-foot facility, within a 19.7-acre
industrial complex accommodating six buildings, which is leased from an affiliated entity
and available for lease to other parties. The location is a combination office, warehouse,
and storage yard that facilitates easy shipping of large machines and crane related
services.
Shareholder Objectives
• The Company is fully owned by two shareholders who are seeking retirement and an
eventual full exit. One owner is active on a part-time basis and is open to remaining for a
negotiable period to facilitate the transition of the company. The second owner is a silent
shareholder with no day-to-day duties
