Varel International Overview
- Founded
- 1947
- Status
- Private
- Employees
- 1,000
- Latest Deal Type
- Buyout/LBO
- Financing Rounds
- 8
- Investments
- 2
Varel International General Information
Description
Designer, manufacturer and supplier of drill bits used in the oil and gas drilling markets. The company's products include roller cone bits, sealed bearing bits, open bearing bits, PDC bits, bi-center bits, natural diamond and TSP bits, and core bits. It serves blast hole mining, industrial, construction, and water well drilling markets.
Contact Information
Website
www.varel.com
Formerly Known As
Varel Manufacturing
Ownership Status
Privately Held (backing)
Financing Status
Private Equity-Backed
Primary Industry
Industrial Supplies and Parts
Primary Office
- 4730 Consulate Plaza Drive
- Suite 190
- Houston, TX 77032-2679
- United States
Varel International Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
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Request a free trialVarel International Patents
Varel International Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20100155151-A1 | Multi-set pdc drill bit and method | Granted | 19-Dec-2008 | 000000000 | 00 |
| US-8327956-B2 | Multi-set pdc drill bit and method | Expired - Fee Related | 19-Dec-2008 | 000000000 | 00 |
| GB-2475202-A | Multi-set pdc drill bit and method | Granted | 19-Dec-2008 | 000000000 | 0 |
| GB-2475202-B | Multi-set pdc drill bit and method | Expired - Fee Related | 19-Dec-2008 | 000000000 | 0 |
| GB-201103488-D0 | Multi-set pdc drill bit and method | Granted | 19-Dec-2008 | E21B10/43 |
Varel International Executive Team (13)
| Name | Title | Board Seat | Contact Info |
|---|---|---|---|
| Derek Nixon | Chief Executive Officer, President & Board Member | ||
| Mark Gandy | Chief Financial Officer | ||
| Jim Nixon | Co-Owner & Chairman |
Varel International Board Members (5)
| Name | Representing | Role | Since |
|---|---|---|---|
| 000 00000 | Varel International | Co-Owner & Chairman | 000 0000 |
| 0000 000000000 | Bluewater (London) | Board Member | 000 0000 |
| 0000000 000000 | Self | Board Member | 000 0000 |
| 00000 000000 | Bluewater (London) | Board Member | 000 0000 |
Varel International Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %ile
-35.5%.
530%
Size Multiple
219x
Median
Size Multiple
219x, 100th %ile
0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.
Request a free trialVarel International Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
This information is available in the PitchBook Platform. To explore Varel International‘s full profile, request access.
Request a free trialVarel International Investments (2)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 00000000 0000 | 21-Apr-2008 | 0000000000 | Distributors/Wholesale | 000 00000 | |
| Varel Rock Bits Canada | 19-Mar-2007 | Buyout/LBO | Industrial Supplies and Parts | 000 00000 |
Varel International Subsidiaries (2)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Downhole Products | Distributors/Wholesale | Aberdeen, United Kingdom | 1994 |
| 00000 0000 0000 00 | Industrial Supplies and Parts | Edmonton, Canada | 0000 |