Varel Energy Solutions - Ownership and Business Overview

Energy Services And EquipmentCompany

Varel Energy Solutions Ownership

Who owns Varel Energy Solutions?

Varel Energy Solutions is owned by Blue Water Energy. It was acquired on October 28, 2019.

Is Varel Energy Solutions PE-backed?

Yes. Varel Energy Solutions is owned by private equity investor Blue Water Energy.

Was Varel Energy Solutions formerly PE-backed?

Yes. Varel Energy Solutions was formerly owned by 4 private investors.

Varel Energy Solutions Business Overview

Where is Varel Energy Solutions headquartered?

Varel Energy Solutions is headquartered in Houston, Texas.

What sector is Varel Energy Solutions in?

Varel Energy Solutions is an energy services and equipment company.

When was Varel Energy Solutions founded?

Varel Energy Solutions was founded in 1947.

Energy Services And Equipment M&A Summary in 2019

Out of 60 sectors in the Mergr database, energy services and equipment ranked 26 in number of deals in 2019. The largest energy services and equipment acquisition in 2019 was Buckeye Partners - which was acquired by IFM Investors Private Equity for $10.3B.

Join Mergr to view all 98 acquisitions of energy services and equipment companies in 2019, including 33 acquisitions by private equity firms, and 65 by strategics.

Varel Energy Solutions

Varel International Energy Services, Inc.

22001 Northpark Dr., Suite 100,
Houston, Texas 77339
United States,
(281) 272-6000
www.varel.com

Varel Energy Solutions is a manufacturer and supplier of high-quality roller cone and fixed cutter drill bits. The company's proprietary design capabilities, efficient manufacturing, and global sales force uniquely position to provide drill bits that deliver outstanding performance and value to customers. VIES is comprised of three business units: Varel Oil & Gas Drill Bits, Varel Mining, and Downhole Products. Varel Energy Solutions was founded in 1947 and is based in Houston, Texas.


Company Summary

SECTOR

Energy Services and Equipment

Established

1947

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