Reach Production Solutions Overview

  • Year Founded
  • 2009

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 14

Employees

  • Latest Deal Type
  • M&A

Reach Production Solutions General Information

Description

Developer of a gas compressor technology designed to drive natural gas into pipelines cost-effectively and efficiently. The company's technology provides additional benefits including a lesser number of moving parts, less vibration and noise, a variable pressure ratio and high suction efficiency, enabling clients to reduce complexity at the wellhead, leading to lower infrastructure costs and reduced fugitive emissions.

Contact Information

Website
www.reachps.com
Formerly Known As
OsComp Systems, Hicor Technologies
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 4140 World Houston Parkway
  • Suite 100
  • Houston, TX 77032
  • United States
Primary Industry
Oil and Gas Equipment
Other Industries
Other Energy Services
Vertical(s)
Corporate Office
  • 4140 World Houston Parkway
  • Suite 100
  • Houston, TX 77032
  • 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

Reach Production Solutions Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
14. Merger/Acquisition 01-Mar-2022 Completed Generating Revenue
13. Later Stage VC 09-Dec-2020 Completed Generating Revenue
12. Debt - PPP 01-May-2020 Completed Generating Revenue
11. Later Stage VC 01-Jun-2018 Completed Generating Revenue
10. Later Stage VC 11-Aug-2017 Completed Generating Revenue
9. Later Stage VC 19-Feb-2016 Completed Generating Revenue
8. Later Stage VC 06-Aug-2015 Completed Generating Revenue
7. Later Stage VC 13-Jan-2015 Completed Generating Revenue
6. Early Stage VC 15-Jan-2014 $6M $7.75M Completed Startup
5. Early Stage VC (Series A) 01-Dec-2011 $1.7M $1.75M Completed Startup
To view Reach Production Solutions’s complete valuation and funding history, request access »

Reach Production Solutions Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series A
To view Reach Production Solutions’s complete cap table history, request access »

Reach Production Solutions Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a gas compressor technology designed to drive natural gas into pipelines cost-effectively and efficiently.
Oil and Gas Equipment
Houston, TX
14 As of 2021

Houston, TX
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Reach Production Solutions Competitors (1)

One of Reach Production Solutions’s competitors is Liberty Lift Solutions, a Formerly PE-Backed company based in Houston, TX.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Liberty Lift Solutions Formerly PE-Backed Houston, TX
You’re viewing 1 of 1 competitors. Get the full list »

Reach Production Solutions Patents

Reach Production Solutions Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
AU-2016242821-A1 Compressor Inactive 30-Mar-2015
EP-3277961-A2 Compressor Inactive 30-Mar-2015
US-20190136858-A1 Compressor with liquid injection cooling Inactive 30-Mar-2015
JP-2021001607-A Compressor having liquid injection cooling function Pending 30-Mar-2015
JP-2018513296-A Compressor with liquid jet cooling function Pending 30-Mar-2015 F04C29/0007
To view Reach Production Solutions’s complete patent history, request access »

Reach Production Solutions Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Reach Production Solutions Former Investors (7)

Investor Name Investor Type Holding Investor Since Participating Rounds
Chevron Technology Ventures Corporate Venture Capital Minority
EV Private Equity Impact Investing Minority
Equinor Ventures Corporate Venture Capital Minority
Greentown Labs Accelerator/Incubator Minority
MassChallenge Accelerator/Incubator Minority
You’re viewing 5 of 7 investors. Get the full list »

Reach Production Solutions FAQs

  • When was Reach Production Solutions founded?

    Reach Production Solutions was founded in 2009.

  • Where is Reach Production Solutions headquartered?

    Reach Production Solutions is headquartered in Houston, TX.

  • What is the size of Reach Production Solutions?

    Reach Production Solutions has 14 total employees.

  • What industry is Reach Production Solutions in?

    Reach Production Solutions’s primary industry is Oil and Gas Equipment.

  • Is Reach Production Solutions a private or public company?

    Reach Production Solutions is a Private company.

  • What is Reach Production Solutions’s current revenue?

    The current revenue for Reach Production Solutions is .

  • How much funding has Reach Production Solutions raised over time?

    Reach Production Solutions has raised $32.1M.

  • Who are Reach Production Solutions’s investors?

    Chevron Technology Ventures, EV Private Equity, Equinor Ventures, Greentown Labs, and MassChallenge are 5 of 7 investors who have invested in Reach Production Solutions.

  • Who are Reach Production Solutions’s competitors?

    Liberty Lift Solutions is a competitor of Reach Production Solutions.

  • When was Reach Production Solutions acquired?

    Reach Production Solutions was acquired on 01-Mar-2022.

  • Who acquired Reach Production Solutions?

    Reach Production Solutions was acquired by Forum Energy Technologies.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »