Gravity Oilfield Services
Classification
Private
About
About
GlobeLTR Energy Inc. provides oil field services to onshore oil and natural gas exploration and production companies in the United States. The company offers water logistics and infrastructure solutions, portable power generation and equipment rentals, specialty production chemicals, and well maintenance and production services. It provides fluid services, such as sale and delivery of fresh and brine water; gathering and disposal of salt water; hauling through a fleet of trucks; and truck rental services. GlobeLTR Energy Inc. was formerly known as Globe Energy Services, LLC and changed its name to GlobeLTR Energy Inc. on February 24, 2017. The company was founded in 2004 and is based in Snyder, Texas with additional offices in Houston and Midland, Texas.
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
Keywords
Keywords
Classified
Private