Varel International Overview

  • Founded
  • 1947
Founded
  • Status
  • Private
  • Employees
  • 1,000
Employees
  • 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
Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial
Want to dig into this profile?

We’ll help you find what you need

Learn more

Varel International Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

This information is available in the PitchBook Platform. To explore Varel International‘s full profile, request access.

Request a free trial

Varel 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
To view Varel International’s complete patent history, request access »

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
You’re viewing 3 of 13 executive team members. Get the full list »

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
You’re viewing 4 of 5 board members. Get the full list »

Varel International Signals

Growth Rate

0.80% Weekly
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 trial

Varel 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 trial

Varel 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
To view Varel International’s complete investments history, request access »

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
To view Varel International’s complete subsidiaries history, request access »