AFGlobal

Houston, United States Founded: 1985 • Age: 41 yrs Acquired By The Carlyle Group
Technology and Manufacturing company
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About AFGlobal

AFGlobal is a company based in Houston (United States) founded in 1985 was acquired by The Carlyle Group in May 2017.. AFGlobal has completed 3 acquisitions, including Advanced Measurments, Managed Pressure Operations and VerdErg.

  • Headquarter Houston, United States
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Operational Areas
Key Metrics
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People of AFGlobal
Headcount 50-200
Employee Profiles 15
Employee Profiles
People
Michael Hernandez
Inside Sales Associate
People
Steve Tuozzo
Chief Financial Officer
People
Monica Vasquez
Cost Accountant
People
Herb Sherwood
Vice President Sales Marketing

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Funding Insights of AFGlobal

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in AFGlobal

AFGlobal has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include The Carlyle Group, Eaton Vance Management and First Reserve. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Energy sector investments are managed via private equity.
Founded Year Domain Location
Private equity investments are directed toward multiple sectors.
Founded Year Domain Location
Investments are directed toward middle-market companies across multiple sectors.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by AFGlobal

AFGlobal has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Advanced Measurments, Managed Pressure Operations and VerdErg. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provides managed-pressure drilling systems to the oil and gas industry
2009
Forged products are manufactured through specialized services.
1989
Hydro power projects are developed by VerdErg in renewable energy.
1979
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - AFGlobal

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Afglobal Comparisons

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Competitors of AFGlobal

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

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Frequently Asked Questions about AFGlobal

When was AFGlobal founded?

AFGlobal was founded in 1985.

Where is AFGlobal located?

AFGlobal is headquartered in Houston, United States. It is registered at Houston, Texas, United States.

What does AFGlobal do?

AFGlobal was founded in 1985 and is headquartered in Houston, United States. Technology, services, and integrated manufacturing are supplied to the oil and gas, general industrial, aerospace, and power generation industries. Operations focus on supporting offshore drilling with systems and components, alongside solutions for pressure pumping, gas compression, and integrated subsea systems.

How many acquisitions has AFGlobal made?

AFGlobal has made 3 acquisitions, including Advanced Measurments, Managed Pressure Operations, and VerdErg.

Who are AFGlobal's investors?

AFGlobal has 4 investors. Key investors include The Carlyle Group, Eaton Vance Management, First Reserve, and Stellex Capital Management.

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