Forum Energy Technologies

Forum Energy Technologies, established in 2010 through a merger of multiple companies, operates in the oil, natural gas, industrial, and renewable energy sectors. The company specializes in designing, manufacturing, and distributing a wide range of products, including engineered capital equipment and consumable items essential for drilling, well construction, production, and transportation of hydrocarbons. Forum Energy Technologies is structured into three main segments: drilling and downhole, completions, and production, with the drilling segment generating the majority of its revenue. The company also provides aftermarket parts and services to enhance its product offerings, supporting its growth through both acquisitions and organic development.

C. Christopher Gaut

Chairman

5 past transactions

Variperm (Canada)

Acquisition in 2023
Variperm (Canada) Limited is a Calgary-based company established in 1969, specializing in the manufacturing and supply of sub-surface tools and equipment for the oil and gas industry. The company provides a diverse range of products, including production and work-over equipment, completion tools, fishing and rental equipment, and sand control solutions. Variperm is known for its custom filtration screens, gravel packing services, and flow control technology. Additionally, the company offers cased-hole fishing services, well abandonment solutions, and various industrial and environmental filters. Its expertise and product offerings cater to both domestic and international markets, reinforcing its position in the energy sector.

Multilift

Acquisition in 2017
Multilift manufactures the patented SandGuard™ and the Cyclone™ completion tools. Multilift was founded in 2013 and designs and assembles high quality sand protection and completion tools that protect and increase the run-time and reliability of electric submersible pumps and other artificial lifts systems.

Team Oil Tools Packer Business

Acquisition in 2016
Team Oil Tools Packer Business provides packaging services.

J-Mac Tool

Acquisition in 2015
J-Mac Tool, Inc. is a manufacturer based in Fort Worth, Texas, specializing in well service pumps and fluid ends for the oil and gas industry. Established in 1986, the company provides a comprehensive range of products, including its own line of pumps, fluid end designs, and expendable parts such as valves, seats, packing parts, plungers, and seals. J-Mac Tool also offers repair and refurbishment services for various brands of service equipment, ensuring quick removal and replacement of parts. In addition to serving the oil and gas sector, the company caters to the petroleum, railroad, and medical equipment manufacturing industries. J-Mac Tool operates service centers in Fort Worth, Midland, and Pleasanton, Texas, and is a subsidiary of Forum Energy Technologies, Inc.

Global Tubing

Acquisition in 2013
Global Tubing, LLC is a prominent manufacturer and supplier of coiled tubing products tailored for the oil and gas industry. Established in 2007 and headquartered in Dayton, Texas, with additional offices in Midland, Texas; Smock, Pennsylvania; and Red Deer, Canada, the company specializes in a diverse range of products, including coiled tubing for well servicing, drilling, and cementing, as well as permanent installations such as velocity strings and artificial lift systems. Global Tubing also provides various coiled line pipe solutions for onshore and offshore applications, including water and gas injection lines, subsea flowlines, and chemical injection lines. Beyond product offerings, the company delivers comprehensive services such as project planning, inventory management, installation equipment rentals, and contractor training. As of October 2017, Global Tubing operates as a subsidiary of Forum Energy Technologies, Inc.
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