JUST LISTED – Oil Field Services Company – Trucking and Transportation

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An oil field transportation service and construction business is for sale.  They seek an ambitious buyer who will continue to foster the growth of the Company and take care of the employees.

Asking Price:  $14.0 Million

Gross Sales (2014 Projected) $15 Million

Employees:  93

Truck Fleet:  96 Trucks

Trailer Fleet:  46 Trailers

Equipment:  30 Bulldozers, Graders, Backhoes, etc.

ABOUT THE OFFERING

Headquartered in Colorado, near the oil and gas-rich Niobrara formation.  They provide transportation and construction-related services to the oil and gas industry.  Their shop and office facilities are centralized in one location.  The Company was founded in 1969.  They have 93 employees and over 150 trucks and trailers. The Company provides oilfield trucking and transportation services to the oil and gas industry primarily focused around those activities that are related to the drilling, operation(s) and maintenance of the well-site. They are focused primarily in 5 states including: CO, WY, MT, NE, and ND

Oilfield services include: Fresh and Salt Water Hauling, Roustabout ,  Hot Shot,  Pipelining, Road Building, Crane, Heavy Equipment, Hydrovac Services, Construction site development and Trucking services.

Industry leader and was recently awarded for being one of the fastest growing companies in their area.  They were the only oil and gas Company recognized.

About Rick Krebs, CPA - Business Valuations, Mergers & Acquisitions

Rick Krebs - Mergers and Acquisitions Professional, Business Broker, CPA. Rick brings a unique blend of sales, entrepreneurial, and financial experience to Business Sales Group. He began his career as a CPA, working in Nevada and Utah where valuable financial experience was gained. He uses those skills every day. He graduated with a Master’s of Science Degree and Bachelor’s Degree from Utah State University. As a business owner he started Liberty Mortgage, a mortgage bank licensed in 23 states nationwide. He eventually sold the successful company to an investor from California. He has been in the M&A space helping people sell their businesses since July, 2010. During his first year as a business broker with BRC, he listed and sold more businesses than the entire office combined. As a sale-side and buy-side advisor for Mergers and Acquisitions transactions Rick's advisory, accounting, and management skills are invaluable when advising sellers as they maneuver the intricate details of the deal through closing. Rick is also a CNA (Certified Negotiation Expert) which helps him negotiate the most favorable terms for clients in a transaction. ​ Rick was quoted by FORBES as an expert sales-side advisor who helps Sellers avoid the pitfalls of selling a business.

Posted on June 6, 2014, in Company News and Announcements and tagged , . Bookmark the permalink. Leave a comment.

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