Platform Investments
Deal Profile - Intervale Capital seeks deals with $5 million to $30 million in trailing EBITDA. We invest in companies with market leadership positions and strong growth in niche industries.
Management Team - Intervale Capital prefers investments in which management wants to remain with the business and acquire or maintain a significant minority ownership position. Our most successful investments have always been made with management teams who were significant stakeholders.
Business Model - If management is attracted to our approach, we focus next on the target company's business model, by asking the following questions:
Is the business model highly defensible? How are the products and services unique?
Can the Company withstand competition, unexpected setbacks, and changes in the markets?
Does the business model have enough durability and depth to allow the Company to maintain margins and market share over the long-term?
Would we make this investment if it was the only one we ever made?
We look at a wide range of businesses within the oilfield services sector. We have specific experience, and are actively seeking new opportunities, in segments that include (but are not limited to):
Downhole tools
Drill bits and associated drilling technologies
Drilling and completion fluids
Drilling motor technology
Enhanced oil recovery services
Mud logging and related technical services
Pressure control (land and subsea)
Subsea components, technology and equipment
Managed pressure drilling
Wireline services and related tools
Completion products and services
Differentiated equipment rental companies
Artificial lift
Add-on Investments
For add-on investments we look at companies that operate in the same segments as our portfolio companies. We have no specific criteria in terms of management involvement or profitability.