2018 Proj. Revenues: $16.1M 2018 Proj. EBITDA: $2M
- Project DEPOT is a diversified specialty distributor of drilling fluids and equipment
- In continuous operation for more than 30 years, the Company offers a complete line of rotary fluids, additives, grouts, and rig equipment to a customer base of more than 600 active accounts
- The Company maintains a strong and growing position in the most active onshore oil, land, natural gas, natural resource mining regions in the West Coast
- The Company distributes their products to multiple end markets such as oil & gas, water well, HDD, construction, foundation and landfill
- The Company’s competitive advantage is their approach to solution based sales, multi-location footprint, 30 year tenure, and custom pipe fabrication capabilities.
- As a specialty distributor to multiple end markets, the Company is insulated from market cycles
- Exclusive distributorship agreements in conjunction with new regulations regarding capital drilling equipment create tangible growth opportunities for the Company
Disclaimer: This document is not to be construed as a term sheet or any other kind of offering document. It is not an offer to sell or the solicitation of an offer to purchase any security or invest in any private placement. Information contained herein is provided by company management. None of this information has been independently investigated or verified, there is no representation or warranty as to its completeness or accuracy, it is subject to change or withdrawal without notice, and may contain errors. All prospective parties to a transaction should rely upon their own verification and the advice of their respective (properly licensed) legal, tax and investment professional advisors. *Project DEPOT is a fictitious name; any pictures or graphics displayed are only meant to be representative of product line.