Petrosmith Overview

  • Year Founded
  • 1983

Year Founded

  • Status
  • Private

  • Employees
  • 300

Employees

  • Latest Deal Type
  • 2ndary - Private

  • Financing Rounds
  • 3

  • Investments
  • 3

Petrosmith General Information

Description

Manufacturer of production equipment and oilfield tubular goods intended for the oil and gas industry. The company offers oilfield storage tanks, gun barrel tanks and vessels including heater treaters, separators and vapor recovery towers used by companies primarily in the Permian Basin, Eagle Ford and Mid-Continent region, thereby enabling clients to save time and resources by limiting the number of contacts in the process of laying out, designing, setting and hooking up equipment.

Contact Information

Website
www.petrosmith.com
Formerly Known As
Smith Pipe of Abilene, SPA Pipe & Supply, Smith Pipe
Ownership Status
Privately Held (backing)
Financing Status
Private Equity-Backed
Corporate Office
  • 7435 US Highway 277 Street
  • Abilene, TX 79606
  • United States
+1 (325)
Primary Industry
Oil and Gas Equipment
Vertical(s)
Manufacturing, Oil & Gas, Industrials
Corporate Office
  • 7435 US Highway 277 Street
  • Abilene, TX 79606
  • United States
+1 (325)

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Petrosmith Valuation & Funding

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

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Petrosmith Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Petrosmith Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Petrosmith Investments (3)

Petrosmith’s most recent deal was a Buyout/LBO with Fredonia Steel Company. The deal was made on 28-Nov-2022.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Fredonia Steel Company 28-Nov-2022 Buyout/LBO Industrial Supplies and Parts
Wellflex Energy Solutions 23-Nov-2020 Buyout/LBO Construction and Engineering
Lone Star Pipe & Supply 04-Sep-2019 Buyout/LBO Distributors/Wholesale
To view Petrosmith’s complete investments history, request access »

Petrosmith Affiliates

Subsidiaries (2)

Name Industry Location Year Founded
Fredonia Steel Company Fredonia, TX 2018
Wellflex Energy Solutions Fort Worth, TX 2006

Petrosmith FAQs

  • When was Petrosmith founded?

    Petrosmith was founded in 1983.

  • Where is Petrosmith headquartered?

    Petrosmith is headquartered in Abilene, TX.

  • What is the size of Petrosmith?

    Petrosmith has 300 total employees.

  • What industry is Petrosmith in?

    Petrosmith’s primary industry is Oil and Gas Equipment.

  • Is Petrosmith a private or public company?

    Petrosmith is a Private company.

  • What is Petrosmith’s current revenue?

    The current revenue for Petrosmith is .

  • Who are Petrosmith’s investors?

    Blue Wolf Capital Partners has invested in Petrosmith.

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