PE  OFS Energy Fund

http://www.ofsfund.com





     Office Locations:

6363 Woodway Drive, Suite 900
Houston, TX 77057
Phone: 713-580-2727

 

Stages:

  • Middle Market


 

Industries:

  • Energy & Clean Tech

  •  

    Description:

    OFS Energy Fund is a private equity fund focused exclusively on acquiring and growing lower middle market energy service companies. OFS' investment strategy is to acquire and grow lower middle market energy service companies with enterprise values between $5 million and $100 million. The OFS team has been managing energy service private equity since October 2008 when the firm formed its first fund Dorado Energy. The firm announced in April of 2014 that its third private equity fund was oversubscribed at its $175 million hard cap. The fund maintains the focus of acquiring and recapitalizing middle-market companies in the energy service industry. Fund I was a $47 million private equity fund raised primarily from energy industry executives and closed in 2008 and has achieved in excess of four times cash-on-cash returns. Fund II is a $90 million private equity fund that is 80% deployed with six remaining platform companies and two other companies that sold for approximately four times cash-on-cash return. Combining Fund II and Fund III, OFS has $265 million under active management.


     

    Funds:


      Fund Name


      Amount


      Date

    Get funds under management for this firm including Fund name, Dollar size of fund raise, and Vintage with a National Database subscription.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Brett Baucum Vice President
    Bruce Ross Managing Partner
    Jeff May CFO/CCO
    Jerad McMayon Partner
    Robert Whilden Principal

     

    Portfolio companies include:


      Bold Production Services
        web link


      Conquest Completion Services
        web link


      Davis Chemical Services
        web link


      Integral Oilfield Solutions
        web link


      KW International
        web link


      Pro Oilfield Services
        web link


      Rotary Drilling Tools USA
        web link


      Terra Oilfield Services
        web link


      Terra Oilfield Solutions
        web link


     

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