About Coretrax
Coretrax is a company based in Aberdeen (United Kingdom) founded in 2008 was acquired by Expro in February 2024. Coretrax has completed 1 acquisition, including Churchill Drilling Tools. Coretrax offers products and services including Wellbore Clean Up and Drilling Tools.
- Headquarter Aberdeen, United Kingdom
- Email••••••••
- Phone•••• ••••
- Website coretrax.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Buckthorn Partners (Dec 2018)
- Legal Name Coretrax Ltd.
- Latest Funding Round$9.73M (USD), Debt – Conventional
Feb 2014
- InvestorsMaven Capital Partners
& 2 more
- Investments & Acquisitions
- Acquired by
Products & Services of Coretrax
Coretrax offers a comprehensive portfolio of products and services, including Wellbore Clean Up and Drilling Tools.
Wellbore clean-up solutions are provided to support operations from drilling through production, ensuring effective management of well integrity.
Downhole tools are designed for circulation in drilling, completions, and P&A operations, addressing critical challenges in well maintenance.
Apps and channels of Coretrax
its YouTube channel Expro Group has 5.92K subscribers and 30 videos.
Videos from Coretrax
The most watched videos on Coretrax's YouTube channel, Expro Group (5.92K subscribers). Click a video to play it here.
More on Expro Group.
Funding Insights of Coretrax
- Total Rounds 2
- Last Round Debt – Conventional — $9.73M
- First Round $5.75M
(Feb 2014)
- Investors Count 1
All 2 funding rounds of Coretrax 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 |
|---|---|---|---|---|---|
| Feb 2014 | $9.73M | Debt – Conventional | – | – | – |
| Feb 2014 | $5.75M | Debt – Conventional | – | – |
3 investors in total: 3 institutional.
Investors in Coretrax
Coretrax has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Maven Capital Partners, Expro and Buckthorn Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are targeted for private equity investments. | 2005 | mavencp.com | Birmingham, United Kingdom | |
Investments are focused on energy transition and sustainability. | 2021 | buckthornpartners.com | London, United Kingdom | |
Full-cycle energy services for well construction and intervention are provided. | 1973 | expro.com | Reading, United Kingdom |
Investor details for Coretrax
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 Coretrax
1 people are tracked at Coretrax (1 in leadership).
| Name | Role | Group |
|---|---|---|
Kenny Murray | CEO | Leadership |
Complete people profiles for Coretrax
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.
Investments & Acquisitions by Coretrax
Coretrax has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Churchill Drilling Tools.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Food products are manufactured, distributed, and food services are operated. | circsub.com | Aberdeen, Scotland | 1996 | Nov 2019 | •••• |
Complete acquisition details for Coretrax
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Coretrax
6 dated milestones of Coretrax across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Coretrax is founded.
- Funding First funding round of $5.8M.
- Funding Latest funding round, Debt – Conventional, of $9.7M.
- Exit Acquired by Buckthorn Partners.
- Acquisition Acquires Churchill Drilling Tools.
- Exit Acquired by Expro.
Web traffic of Coretrax
Websites that share an audience with Coretrax (coretrax.com).
Websites whose visitors overlap most with Coretrax. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
google.co.uk | google.co.uk | 100% | – | #355 | – |
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Frequently Asked Questions about Coretrax
Coretrax was founded in 2008 and raised its 1st funding round 6 years after it was founded.
Coretrax is headquartered in Aberdeen, United Kingdom. It is registered at Aberdeen, Scotland, United Kingdom.
Kenny Murray is the current CEO of Coretrax.
Coretrax was founded in 2008 in Aberdeen City, Scotland, and operates within the oil and gas sector. Services encompass wellbore clean-up, plugging and abandonment, and decommissioning across the well lifecycle. Downhole tools are provided for drilling, completions, and PA operations, alongside expandable tubular technology for well integrity. Specialized chemicals and products support abandonment efforts, with project planning and engineering integrated into operations to address well performance needs.
Coretrax offers Wellbore Clean Up and Drilling Tools.
Coretrax has made 1 acquisition, including Churchill Drilling Tools.
Coretrax has 3 investors. Key investors include Maven Capital Partners, Expro, and Buckthorn Partners.
Coretrax operates through Coretrax Ltd..
Yes. Coretrax was acquired by Buckthorn Partners in December 2018.