The Company is an integrated oilfield services provider in Western Canada that provides the following services (with revenue breakdown):
The Company is seeking a minority private equity investor to provide capital for additional organic growth and targeted acquisitions. The Company is offering $10 million of equity which will be used for capex expansion being requested by existing clients and also continued consolidation through acquisitions. Management has identified acquisition targets with $50 million+ enterprise value that they are currently evaluating.
Revenue and EBITDA summaries for the year ended March 31, 2015 to 2019 (forecasted) are as follows: