Profire Energy

Lindon, United States Founded: 2002 • Age: 24 yrs Acquired By CECO
Combustion management and chemical injection solutions
Annual revenue $58.2M Latest available
Total funding - 2 rounds
Employees 72 Tracked headcount
Investors 2 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Profire Energy

Profire Energy is a company based in Lindon (United States) founded in 2002 by Harold Albert and Brenton Hatch was acquired by CECO in October 2024. The company has 72 employees as of December 31, 2022. Profire Energy has completed 2 acquisitions, including Gomillstream and Midflow. Profire Energy offers products and services including Burner Management System and Fuel Trains.

  • Headquarter Lindon, United States
  • Employees 72 as on 31 Dec, 2022
  • Founders Harold Albert, Brenton Hatch
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Profire Energy, Inc
Operational Areas
Industrial Goods & Manufacturing → Oil, Gas & Energy Equipment Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $58.21 M (USD)
    27
    as on Dec 31, 2023
  • Net Profit
    $10.78 M (USD)
    173
    as on Dec 31, 2023
  • EBITDA
    $12.43 M (USD)
    113
    as on Dec 31, 2023
  • Latest Funding Round
    $2.15 M (USD), Post-IPO

    Mar 13, 2017

  • Investors
    CECO

    & 1 more

  • Employee Count
    72

    as on Dec 31, 2022

  • Investments & Acquisitions
  • Acquired by
    CECO

    (Oct 29, 2024)

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Products & Services of Profire Energy

Profire Energy offers a comprehensive portfolio of products and services, including Burner Management System and Fuel Trains.

Product name locked
Category locked
Primary

Burner management systems are designed for reliable operation in industrial environments.

Product name locked
Category locked
Locked

Fuel trains are supplied to facilitate safe and efficient fuel delivery in various applications.

People of Profire Energy

Headcount 50-200
Employee Profiles 27
Employee Profiles
People
Jacob Charlebois
Software Project Manager
People
Rachel Gleiberman
Marketing Manager
People
Joel Gaerte
Corporate Controller
People
Nate Guymon
People Operations Generalist

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Funding Insights of Profire Energy

Investors in Profire Energy

Profire Energy has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include CECO and Chardan.

All
Institutional
Investor Description Founded Year Domain Location
Merger and acquisition advisory firm focused on multiple sectors
Locked Locked Locked
Provider solutions that protect people, the environment, and industrial equipment
Locked Locked Locked
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Investments & Acquisitions by Profire Energy

Profire Energy has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Gomillstream and Midflow.

Investments
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Investment portfolio details for Profire Energy

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of upstream production equipment
Locked Locked 2012 Locked
-
Locked Locked 0 Locked
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Complete acquisition details for Profire Energy

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Financial Statements - Profire Energy

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Detailed financials for Profire Energy

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Profire Energy Comparisons

Profire Energy Primary company
Description
Combustion management and chemical injection solutions
Location
Lindon, United States
Founded Year
2002
Annual Revenue
$58.21 M (USD)
Net Profit
$10.78 M (USD)
EBITDA
$12.43 M (USD)
Employees
72
As of 2022
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Peer comparison for Profire Energy

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Competitors of Profire Energy

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Detailed competitors of Profire Energy

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Latest news on Profire Energy

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Frequently Asked Questions about Profire Energy

Profire Energy was founded in 2002 and raised its 1st funding round 11 years after it was founded.

Profire Energy is headquartered in Lindon, United States. It is registered at Lindon, Utah, United States.

Brenton Hatch is the current CEO of Profire Energy. They have also founded this company.

As of Dec 31, 2022, the latest employee count at Profire Energy is 72.

Annual revenue of Profire Energy is $58.21M as on Dec 31, 2023.

Profire Energy was founded in 2002 and is headquartered in Lindon, United States, with operations extending to Canada. Focus is placed on delivering combustion management and chemical injection solutions for the upstream and midstream oil and gas industry. Systems are utilized to monitor and manage burners within combustion vessels, supporting efficiency in these sectors. Services are tailored to industry needs in North America.

Profire Energy offers Burner Management System and Fuel Trains.

Profire Energy has made 2 acquisitions, including Gomillstream, and Midflow.

Profire Energy has 2 investors. Key investors include CECO, and Chardan.

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