FTS International Services Overview
- Year Founded
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2000

- Status
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Acquired/Merged
- Employees
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940

- Latest Deal Type
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Buyout/LBO
- Financing Rounds
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13
- Investments
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3
FTS International Services General Information
Description
FTS International Inc is operates in the energy sector of United States. It caters to the oil and gas industry as one of the largest providers of hydraulic fracturing services in North America. The objective of hydraulic fracturing is to enhance hydrocarbon flow in oil and natural gas wells, thereby increasing the amount of hydrocarbons recovered. The company also has significant maintenance and repair capabilities, and it manufactures replacement parts to support its operations and enhance its asset utilization.
Contact Information
Website
www.ftsi.comCorporate Office
- 777 Main Street
- Suite 2900
- Fort Worth, TX 76102
- United States
Corporate Office
- 777 Main Street
- Suite 2900
- Fort Worth, TX 76102
- United States
FTS International Services Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
FTS International Services Comparisons
Industry
Financing
Details
FTS International Services Competitors (6)
One of FTS International Services’s 6 competitors is Patterson Uti Energy, a Private Debt Financed company based in Houston, TX.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Patterson Uti Energy | Private Debt Financed | Houston, TX | ||||
BP | Corporation | London, United Kingdom | ||||
Baker Hughes | Corporate Backed or Acquired | Houston, TX | ||||
TechnipFMC | Corporation | Newcastle Upon Tyne, United Kingdom | ||||
Fishbones | Venture Capital-Backed | Sandnes, Norway |
FTS International Services Patents
FTS International Services Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20160280983-A1 | Fluid diversion system for well treatment operations | Inactive | 25-Mar-2015 | ||
US-20160102246-A1 | Stabilization of high molecular weight polysaccharide solutions at high temperatures | Inactive | 09-Oct-2014 | ||
US-20140290768-A1 | Frac pump isolation safety system | Inactive | 27-Mar-2013 | ||
US-20140196570-A1 | Lightened rotating member and method of producing same | Inactive | 14-Jan-2013 | ||
US-20130112074-A1 | Support mechanism for the fluid end of a high pressure pump | Inactive | 03-Nov-2011 | F04B1/0404 |
FTS International Services Signals
FTS International Services Former Investors
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|
FTS International Services Investments & Acquisitions (3)
FTS International Services’s most recent deal was a Buyout/LBO with J-W Wireline Company. The deal was made on 08-Dec-2014.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
J-W Wireline Company | 08-Dec-2014 | Buyout/LBO | Oil and Gas Equipment | ||
SinoFTS Petroleum Services | 10-Jun-2014 | Joint Venture | Other Energy Services | ||
Phoenix Well Services | 10-Sep-2012 | Merger/Acquisition | Other Energy Services |
FTS International Services Exits (1)
FTS International Services’s most recent exit was on 10-Jun-2014 from SinoFTS Petroleum Services. The exit was categorized as with 2 buyers.
Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
---|---|---|---|---|---|
SinoFTS Petroleum Services | 10-Jun-2014 | Completed |
|
FTS International Services FAQs
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When was FTS International Services founded?
FTS International Services was founded in 2000.
-
Where is FTS International Services headquartered?
FTS International Services is headquartered in Fort Worth, TX.
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What is the size of FTS International Services?
FTS International Services has 940 total employees.
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What industry is FTS International Services in?
FTS International Services’s primary industry is Oil and Gas Equipment.
-
Is FTS International Services a private or public company?
FTS International Services is a Private company.
-
What is the current valuation of FTS International Services?
The current valuation of FTS International Services is
. -
What is FTS International Services’s current revenue?
The current revenue for FTS International Services is
. -
How much funding has FTS International Services raised over time?
FTS International Services has raised $2.22B.
-
Who are FTS International Services’s investors?
Amundi Pioneer Institutional Asset Management, Expand Energy, Glendon Capital Management, Korea Investment Corporation, and RRJ Capital are 5 of 8 investors who have invested in FTS International Services.
-
Who are FTS International Services’s competitors?
Patterson Uti Energy, BP, Baker Hughes, TechnipFMC, and Fishbones are some of the 6 competitors of FTS International Services.
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When was FTS International Services acquired?
FTS International Services was acquired on 04-Mar-2022.
-
Who acquired FTS International Services?
FTS International Services was acquired by ProFrac Services.
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