KLX

Wellington, United States Founded: 2014 • Age: 12 yrs Acquired By Boeing
Provider of aerospace fasteners, consumables, and logistics services
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About KLX

KLX is a company based in Wellington (United States) founded in 2014 was acquired by Boeing in May 2018.. KLX has completed 1 acquisition, including The Hope Group. KLX offers products and services including Coiled Tubing Services and Dissolvable Frac Plugs.

  • Headquarter Wellington, United States
  • Stage Public
  • Sectors
    Aerospace, Defense & Maritime
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Klx Energy Services, Llc
Operational Areas
Aerospace, Defense & Maritime → Aerospace Manufacturing & Engineering
Key Metrics
  • Annual Revenue
    $1.74 B
    17
    as on Jan 31, 2018
  • Net Profit
    $53.4 M
    11
    as on Jan 31, 2018
  • EBITDA
    $216.3 M
    67
    as on Jan 31, 2018
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Boeing

    (May 01, 2018)

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Products & Services of KLX

KLX offers a comprehensive portfolio of products and services, including Coiled Tubing Services and Dissolvable Frac Plugs. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Coiled tubing services are utilized for well intervention and completion in the energy sector

Dissolvable frac plugs are employed to facilitate well operations without the need for millout, thereby reducing costs and rig time

People of KLX
Headcount 500-1000
Employee Profiles 70
Board Members and Advisors 1
Employee Profiles
People
Chris Hadley
Director Bill To Cash & Credit
People
Todd Meachum
District Manager
People
David Brady Turnbull
Wireline Field Engineer
People
Darren Ursua
District Manager

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Funding Insights of KLX

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 KLX

KLX has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Boeing. 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.

All
Institutional
Investor Description Founded Year Domain Location
Commercial jetliners, defense, space, and security systems are manufactured.
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 KLX

KLX has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include The Hope Group. 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
The Hope Group is recognized as a leading distributor of industrial motion and control solutions in New England.
1933
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 - KLX

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

Klx Comparisons

Employees
+
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Competitors of KLX

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.

Latest news on Klx

Frequently Asked Questions about KLX

When was KLX founded?

KLX was founded in 2014.

Where is KLX located?

KLX is headquartered in Wellington, United States. It is registered at Wellington, Florida, United States.

What is the annual revenue of KLX?

Annual revenue of KLX is $1.74B as on Jan 31, 2018.

What does KLX do?

KLX provider of aerospace fasteners, consumables, and logistics services, focusing on aerospace, maritime and defense, and aerospace engineering and design services. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.

What products or services does KLX offer?

KLX offers Coiled Tubing Services and Dissolvable Frac Plugs.

How many acquisitions has KLX made?

KLX has made 1 acquisition, including The Hope Group.

Who are KLX's investors?

KLX has 1 investor. Key investors include Boeing.

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