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, bicenter bits, natural diamond and TSP bits, and core bits. It serves blast hole mining, industrial, construction, and water well drilling markets.

Contact Information

Formerly Known As
Varel Manufacturing
Ownership Status
Privately Held (backing)
Financing Status
Private Equity-Backed
Primary Industry
Industrial Supplies and Parts
Primary Office
  • 1434 Patton Place
  • Suite 106
  • Carrollton, TX 75007
  • United States
+1 (972) 000-0000
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Varel International Valuation & Funding

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

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Varel International Executive Team (12)

Name Title Board Seat Contact Info
Derek Nixon Chief Executive Officer & President
Greg Cooper Director of Finance
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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

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Varel International Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Varel International Investments (2)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00000000 00000000 21-Apr-2008 0000000000 Distributors/Wholesale 000 00000
Varel Rock Bits Canada 19-Mar-2007 Buyout/LBO Industrial Supplies and Parts 000 00000
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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 »