What is Complete Pipe Services?
Complete Pipe Services is a specialized provider of on-site mobile inspection and repair services tailored for the Oil & Gas drilling industry. Their core offerings encompass comprehensive inspections of drill pipe, bottom hole assembly, and specialty tools, alongside essential services such as hardbanding, pipe straightening, and tubular reclamation. With a seasoned management team possessing over 65 years of collective experience, the company prioritizes stringent safety standards and high-quality workmanship, reinforced by individualized training for their ASNT certified operators. Operating 24/7 across the United States, Complete Pipe Services serves both oil and gas operators and suppliers of OCTG goods, ensuring reliable and cost-effective solutions.
How much funding has Complete Pipe Services raised?
Complete Pipe Services has raised a total of $461K across 2 funding rounds:
Debt
$150K
Debt
$311K
Debt (2020): $150K with participation from PPP
Debt (2021): $311K led by PPP
Key Investors in Complete Pipe Services
PPP
Public-Private Partnership
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Complete Pipe Services?
The substantial capital infusion, particularly the recent strategic investment, positions Complete Pipe Services for significant operational scaling and market expansion. As a company operating in the critical Oil & Gas sector, this funding is likely to be directed towards enhancing service capabilities, expanding geographic reach within the U.S., and potentially investing in advanced inspection technologies. The late-stage nature of this funding suggests a focus on solidifying market leadership and optimizing operational efficiency to meet the demanding requirements of the energy industry.
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