The Fabrication Company, situated in Western Canada, has been in operation since 1994. Their strength lies in the equipment design, manufacturing, and supply, coupled with specialized services dedicated to enhancing drilling processes and preserving well integrity.
The Company’s main clients include major Oil and Gas companies, national oil companies, and independent operators.
The shareholders are pursuing a full sale of the business to a buyer who can grow the business further.
The current owner is willing to remain in the business for a negotiated time period to ensure a smooth transition to new ownership.
The reason for the business sale is retirement and other ventures.
Key Investment Highlights:
Oilfield Equipment & Technology Integration — The Company specializes in the provision of cutting-edge oilfield equipment designed to enhance efficiency and productivity while embracing the latest technological advancements to promote automation and data-driven decision-making.
Regulatory Compliance & Safety — The Company adherence to strict industry regulations and safety standards as well as emphasis on environmental sustainability.
Customized Solutions — The Company recognizes the diverse needs of the clients and takes pride in offering tailor-made solutions that address specific challenges in the oil and gas sector.
2022 Revenue: $5.53M
2023 Revenue: $5.63M
2022 EBITDA: $533K
2023 EBITDA: $628K
*Figures in CAD$
