About Intervale Capital

All Oilfield. All the Time.

Intervale Capital is a private equity firm investing primarily in oilfield manufacturing and service companies. Intervale has raised $1.3 billion of committed capital and is currently investing from its third fund. We are actively investing in platform companies and add-ons for existing portfolio companies.

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Our investments typically take the form of buyouts and growth equity. Intervale is a hands-on investor, working with management to build high-growth companies. We drive growth by improving company operations, introducing managerial best practices and expanding management by tapping a deep network of industry relationships. 

Intervale was founded in 2006. Our investment professionals have led more than 50 investments in the oilfield services space since 2004. Our industry focus ensures quick decision making and a streamlined investment process. While we operate out of offices in Boston and Houston, we evaluate opportunities across North America and Europe.

Investment Process

Our industry expertise and experience enable us to move quickly through due diligence, minimizing business disruption. We present a detailed action plan to management at the outset of diligence, including timeline, roles and responsibilities, deliverables and areas of focus. Our deep industry knowledge enables us to close deals more quickly than less experienced investors.

With eight investment professionals, our team is structured to ensure simple and efficient transactions. We are the ideal partner for a company seeking a savvy, knowledgeable, hands-on investment partner.

Post-Transaction Involvement

During the first year of an investment, we focus on the following objectives:

  • Tactical goals
  • Cash flow maximization
  • Growth planning, including business offering and geography
  • Recruitment of top talent
  • Financial reporting and analysis
  • Compensation policy

Areas of sustained focus for Intervale during its ownership period include:

  • Identifying and executing add-on acquisitions
  • Augmenting management teams to execute growth strategies
  • Balance sheet management, including capital expenditure oversight and working capital management
  • Collaborating with other Intervale portfolio companies

We are patient investors and are not deterred by industry downturns, a bad quarter or an explainable setback. Our experience with prior industry cycles helps us weather tough times together with management.

Industry Experience

Intervale is focused primarily on the oilfield services sector. We believe a sharp focus makes us better investors and partners. Our prior portfolio companies have operated in a wide variety of subsectors within oilfield services, ranging from drilling–oriented companies, such as drill bits and mud logging, to completion and production sectors, such as wireline and completion tools. Our investment professionals have collectively led over 50 private equity investments since 2004.

Intervale also sustains a dedicated oilfield research team to identify investment opportunities and focus portfolio companies on those products, services and geographies most likely to create long-term value.

Please refer to our portfolio of current and past investments for an overview of Intervale’s recent activity.