FTS International Services Overview

  • Year Founded
  • 2000

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 940

Employees

  • Latest Deal Type
  • Buyout/​LBO

  • Financing Rounds
  • 13

  • Investments
  • 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.com
Formerly Known As
Frac Tech Services, Frac Tech International, Llc
Ownership Status
Acquired/Merged
Financing Status
Formerly PE-Backed
Corporate Office
  • 777 Main Street
  • Suite 2900
  • Fort Worth, TX 76102
  • United States
Primary Industry
Oil and Gas Equipment
Other Industries
Energy Exploration
Acquirer
Vertical(s)
Former Stock Listing
FTSI
Corporate Office
  • 777 Main Street
  • Suite 2900
  • Fort Worth, TX 76102
  • United States

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FTS International Services Valuation & Funding

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

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FTS International Services Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
FTS International Inc is operates in the energy sector of United States. It caters to the oil and gas industry as one of
Oil and Gas Equipment
Fort Worth, TX
940 As of 2021

Houston, TX
 

London, United Kingdom
 
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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
To view FTS International Services’s complete competitors history, request access »

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

FTS International Services Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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FTS International Services Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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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
To view FTS International Services’s complete investments and acquisitions history, request access »

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
  • 2 buyers
To view FTS International Services’s complete exits history, request access »

FTS International Services FAQs

  • 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.

  • What is the size of FTS International Services?

    FTS International Services has 940 total employees.

  • 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.

  • 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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