WellFence - Ownership and Business Overview

Information TechnologyCompany

WellFence Ownership

Who owns WellFence?

WellFence is owned by Drilling Tools International. It was acquired on July 15, 2019.

WellFence Business Overview

Where is WellFence headquartered?

WellFence is headquartered in Houston, Texas.

What sector is WellFence in?

WellFence is an information technology company.

When was WellFence founded?

WellFence was founded in 2016.

Information Technology M&A Summary in 2019

Out of 60 sectors in the Mergr database, information technology ranked 1 in number of deals in 2019. The largest information technology acquisition in 2019 was Total System Services - which was acquired by Global Payments for $21.5B.

Join Mergr to view all 825 acquisitions of information technology companies in 2019, including 110 acquisitions by private equity firms, and 715 by strategics.

WellFence LLC

10645 Richmond Avenue, Suite 140,
Houston, Texas 77042
United States,
(713) 339-2555
www.wellfence.com

WellFence LLC is a tech-enabled security and credentialing service offering for the oil and gas industry. WellFence provides patented Data Automation Systems and credentialed wellsite access services for drilling, completion and production locations. Using strategically positioned check point towers with 360-degree cameras, the WellFence system automates the verification of personnel entering and exiting the wellsite, thereby increasing the safety and integrity of critical locations. WellFence LLC was founded in 2016 and is based in Houston, Texas.


Company Summary

SECTOR

Information Technology

Established

2016

Subsidiary of

Drilling Tools

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