About ADS Services
ADS Services is a Natural Resources company based in Midland (United States) founded in 2017, and was acquired by Black Bay Energy Capital in July 2017. It operates as a pressure drilling and rotating control devices services are provided. The company has 58 employees. Its chief executive is Charlie Orbell. Its focus areas include Mining and Services for Mining Industry. Its legal entity is PowerChokes Solutions, Inc.
Company details
ADS Services was founded in 2017 and is headquartered in Midland, United States. Focus is placed on the oil and gas industry, with operations centered on delivering pressure drilling and rotating control devices services. These offerings assist in managing wellbore pressure and enhancing drilling safety during exploration and production activities. Leadership is provided by CEO Charlie Orbell, and services are targeted at domestic energy operations.
- Headquarters Midland, United States
- Employees 58
- Stage Acquired
- SectorsNatural Resources
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website adsmpd.com
- Acquired by Black Bay Energy Capital (Jul 2017)
- Legal Name Powerchokes Solutions, Inc
- Latest Funding Round$186.72K (USD), Grant
Apr 2022
- InvestorsEuropean Union
& 1 more
- Employee Count58
- Acquired byBlack Bay Energy Capital
(Jul 2017)
Funding Insights of ADS Services
- Total Rounds 1
- Last Round Grant β $186,720
- First Round $186,720
(Apr 2022)
- Investors Count 1
All 1 funding rounds of ADS Services with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2022 | $186,720 | Grant | β | β |
2 investors in total: 2 institutional.
Investors in ADS Services
ADS Services has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and Black Bay Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are focused on energy and chemical sectors. | – | blackbayenergy.com | New Orleans, United States | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for ADS Services
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of ADS Services
6 people are tracked at ADS Services (3 in leadership, 3 in team); the tracked headcount is 58.
| Name | Role | Group |
|---|---|---|
Charlie Orbell | CEO | Leadership |
Alexander Church, FCMA CGMA | Chief Financial Officer | Leadership |
Brian Ellis | Chief Technology Officer | Leadership |
Oscar Valencia | MPD Manager | Team |
Alexis Jurado | Business Consultant | Team |
Barry Babcock | Business Development Manager | Team |
Complete people profiles for ADS Services
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of ADS Services
3 dated milestones of ADS Services across 5 years, from founding to its latest funding, stage changes and deals.
- Founded ADS Services is founded.
- Exit Acquired by Black Bay Energy Capital.
- Funding First funding round of $187K.
Top companies in Services for Mining Industry
10 companies that operate in the same segment as ADS Services (Services for Mining Industry), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Onshore drilling services are provided using programmable multidirectional rigs. | 2011 | Leesburg, Virginia, United States | USD 153 M | USD 210.11 M | 600 | |
Drilling management solutions are provided for the mining sector. | 1933 | Brisbane, Queensland, Australia | – | – | – | |
Mining and infrastructure projects are developed via real estate. | 1902 | Johannesburg, Gauteng, South Africa | – | – | – | |
Oil and gas drilling services are provided worldwide. | 1920 | Tulsa, Oklahoma, United States | – | USD 3.75 B | 7,000 | |
Civil, property construction, quarry, and machinery rental services are provided. | 1977 | Petaling Jaya, Selangor, Malaysia | – | USD 27.77 M | 114 | |
Bulk material handling and mineral processing systems are manufactured. | 1947 | Chennai, Tamil Nadu, India | – | USD 67.25 M | 2,310 | |
Development and exploration company focused on producing coal | 2006 | Gurugram, Haryana, India | – | USD 25.9 M | 574 | |
Drilling services are supplied to mining and mineral exploration sectors. | 1995 | Moncton, New Brunswick, Canada | – | USD 650.49 M | – | |
Provides mineral processing and waste treatment services for the mining and reclamation industries | 2018 | Casper, Wyoming, United States | USD 84.5 M | – | – | |
Mineral deposits are explored and mined by BRM in Indonesia. | 2003 | Jakarta, Jakarta, Indonesia | – | USD 245.28 M | 834 |
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Frequently Asked Questions about ADS Services
ADS Services was founded in 2017 and raised its 1st funding round 5 years after it was founded.
ADS Services is headquartered in Midland, United States. It is registered at Midland, Texas, United States.
Charlie Orbell is the current CEO of ADS Services.
ADS Services has 58 employees.
ADS Services was founded in 2017 and is headquartered in Midland, United States. Focus is placed on the oil and gas industry, with operations centered on delivering pressure drilling and rotating control devices services. These offerings assist in managing wellbore pressure and enhancing drilling safety during exploration and production activities. Leadership is provided by CEO Charlie Orbell, and services are targeted at domestic energy operations.
ADS Services has 2 investors. Key investors include European Union, and Black Bay Partners.
ADS Services operates through Powerchokes Solutions, Inc.
Yes. ADS Services was acquired by Black Bay Energy Capital in July 2017.
