About FTS International
FTS International is a company based in Fort Worth (United States) founded in 2002, and was acquired by ProFrac in October 2021. Well stimulation services for the oil and gas industry. FTS International has raised $350 million across 3 funding rounds from investors including Sterigenics and ProFrac. The company has 1,082 employees. FTS International has completed 1 acquisition, including Phoenix Well Services.
Company details
FTS International was established in 2002 in Fort Worth, United States, within the oil and gas sector. Oilfield services are delivered, emphasizing well stimulation through high-pressure hydraulic fracturing. Well recovery pumps and components are manufactured, while raw and processed sand materials are supplied for production needs. Operations span various regions across the United States.
- Total Equity Funding$350M (USD)
in 3 rounds
- Latest Funding Round$250M (USD), Debt – Conventional
Feb 2018
- InvestorsSterigenics
& 1 more
- Employee Count1,082
- Investments & Acquisitions
- Acquired by
Funding Insights of FTS International
FTS International has successfully raised a total of $350M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $250 million completed in February 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $350M
- Total Rounds 3
- Last Round Debt – Conventional — $250M
- First Round $550M
(Nov 2010)
All 3 funding rounds of FTS International 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 2018 | $250M | Debt – Conventional | – | – | – |
| Sep 2012 | $350M | Private Equity Round | – | – | – |
| Nov 2010 | $550M | Debt – Conventional | – | – | – |
2 investors in total: 2 institutional.
Investors in FTS International
FTS International has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Sterigenics and ProFrac.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Manufacturer of high pressure pumps | 2010 | profrac.com | Willow Park, United States | |
Provider of comprehensive sterilization solutions and expert consulting services | 1978 | sterigenics.com | Oak Brook, United States |
Investor details for FTS International
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 FTS International
32 people are tracked at FTS International (5 in board & advisors, 27 in team); the tracked headcount is 1,082.
| Name | Role | Group |
|---|---|---|
Goh Yong Siang | Director | Board & advisors |
Ben Russ | Director | Board & advisors |
Ong Tiong Sin | Director | Board & advisors |
Domenic J. Dell'Osso | Director | Board & advisors |
Michael C. Jennings | Director | Board & advisors |
Benjamin Miller | Operations Supervisor | Team |
Daniel McMinn | Engine Shop Lead Mechanic | Team |
Rudy Martinez | Van Lead | Team |
Karena Cooper | Corporate Training Analyst | Team |
Kathy Kluge | Executive Office Manager And Suite Administrator | Team |
Avelino Ramirez | Van Lead | Team |
Ashli Ayer | Associate General Counsel | Team |
Jason Neatrour | Corporate DOT Compliance Specialist | Team |
Trevor Markham | Equipment Operator | Team |
Adam Burnley | Field Engineer | Team |
Brett Cantrell | Wireline Field Engineer | Team |
Tut Gatyiel | Services Analysts | Team |
Kathryn Trotter | HSE Admin Assistant | Team |
Rex Wayne Phillips | HSEQ Coordinator | Team |
Carol Taylor | Travel Administrator | Team |
12 more people are available in the full profile.
Complete people profiles for FTS International
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 FTS International
FTS International has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Phoenix Well Services.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Limited information available | phoenixwellservices.com | Massillon, United States | 2012 | Sep 2012 | •••• |
Complete acquisition details for FTS International
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 FTS International
7 dated milestones of FTS International across 19 years, from founding to its latest funding, stage changes and deals.
- Founded FTS International is founded.
- Funding First funding round of $550.0M.
- Acquisition Acquires Phoenix Well Services.
- Exit Acquired by Sterigenics.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Debt – Conventional, of $250.0M.
- Exit Acquired by ProFrac.
Web traffic of FTS International
Websites that share an audience with FTS International (ftsi.com).
Websites whose visitors overlap most with FTS International. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| chk.com | 100% | View details | |||
| indeed.com | 33% | 416.4M | #70 | View details | |
trican.us | trican.us | 32% | – | ||
fts.com | fts.com | 27% | #9,213,162 | – |
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Frequently Asked Questions about FTS International
FTS International was founded in 2002 and raised its 1st funding round 8 years after it was founded.
FTS International is headquartered in Fort Worth, United States. It is registered at Fort Worth, Texas, United States.
FTS International is a funded company, having raised a total of $350M across 3 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $550M, raised on Nov 2010.
FTS International has 1,082 employees.
FTS International was established in 2002 in Fort Worth, United States, within the oil and gas sector. Oilfield services are delivered, emphasizing well stimulation through high-pressure hydraulic fracturing. Well recovery pumps and components are manufactured, while raw and processed sand materials are supplied for production needs. Operations span various regions across the United States.
FTS International has made 1 acquisition, including Phoenix Well Services.
FTS International has 2 investors. Key investors include Sterigenics, and ProFrac.
Yes. FTS International was acquired by ProFrac in October 2021.