Project Valve is a Texas-based choke and flow control manufacturer for the oil and gas industry. The company was founded more than 25 years ago. They specialize in chokes of the FMC, Cameron type H2 and Thornhill-Craver profile, which are fully interchangeable with those manufacturers of the same product style. Applications include wellheads, production manifold, well testing and others. Customers are predominantly in Texas, Oklahoma, and Louisiana, New Mexico, Kansas as well as other surrounding regions. Project Valve’s main office and warehouse is located in SE Texas.

Business Highlights:
? Company Growth: Management sees growth opportunities in automation (electrically actuated chokes), international growth, and hiring additional people and inventory. Another area of interest would be to add an outside sales person to assist with the distribution network of reps and agents.
? Market Channels: The company works with predominantly oilfield service and supply/distribution companies.
? Competitive Advantage: Company is API 6A and ISO certified. The company is a market leader and is well placed to capitalize on several Oil & Gas “plays” due to its geographical placement. Few competitors are in the market they currently serve, and has a “niche” as a branded product. The company being a market leader, has an excellent reputation and provides impeccable service to customers and excellent relationship with all vendors (many key customer and vendors have been with the company since inception.)
? Management: Current ownership would stay on to help as needed for a transition period. There are key employees which would be intact going forward for new ownership.
? Financials: No customer over 25% of Revenue for over last 3 years. Strong asset base and excellent candidate for financing. The company had a down year in 2024 like many other OFS companies but has bounced back strongly and should finish with an EBITDA above $1m for 2025.