Profire Energy

Lindon, United States Founded: 2002 • Age: 24 yrs Listed Acquired By CECO
Combustion management and chemical injection solutions

About Profire Energy

Profire Energy is an Industrial Goods & Manufacturing company based in Lindon (United States) founded in 2002 by Harold Albert and Brenton Hatch, and was acquired by CECO in October 2024. Combustion management and chemical injection solutions. The company has 72 employees. Profire Energy has completed 2 acquisitions, including Gomillstream and Midflow. Its chief executive, as recorded, is Brenton Hatch. Its website profireenergy.com draws about 21 thousand monthly visits. Profire Energy offers products and services including Burner Management System and Fuel Trains. Its focus areas include Energy and Oil & Gas Equipment. Its legal entity is Profire Energy, Inc.

Company details

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.

  • Headquarters Lindon, United States
  • Employees 72
  • Founders Harold Albert, Brenton Hatch
  • Stage Acquired
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website profireenergy.com
  • Social LinkedIn X Facebook
  • Acquired by CECO (Oct 2024)
  • Legal Name Profire Energy, Inc
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
    $2.15M (USD), Post-IPO

    Mar 2017

  • Investors
    CECO

    & 1 more

  • Employee Count
    72
  • Investments & Acquisitions
  • Acquired by
    CECO

    (Oct 2024)

Products & Services of Profire Energy

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

Burner Management System
Combustion Control

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

Fuel Trains
Industrial Equipment

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

Funding Insights of Profire Energy

  • Total Rounds 2
  • Last Round Post-IPO β€” $2.15M
  • First Round $4.74M

    (Dec 2013)

  • Investors Count 1

All 2 funding rounds of Profire Energy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2017$2.15MPost-IPO––
Dec 2013$4.74MPost-IPO––
–
Valuation history

2 investors in total: 2 institutional.

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
InvestorDescriptionFounded YearDomainLocation
Merger and acquisition advisory firm focused on multiple sectors
2002chardan.comNew York, United States
Provider solutions that protect people, the environment, and industrial equipment
1966cecoenviro.comDallas, United States
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Investor details for Profire Energy

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People of Profire Energy

29 people are tracked at Profire Energy (3 in leadership, 26 in team); the tracked headcount is 72.

NameRoleGroup
Harold Albert
Co-FounderLeadership
Brenton Hatch
Co-Founder & CEOLeadership
Cameron Tidball
Co-chief Executive Officer & Co-presidentLeadership
Jacob Charlebois
Software Project ManagerTeam
Rachel Gleiberman
Marketing ManagerTeam
Joel Gaerte
Corporate ControllerTeam
Nate Guymon
People Operations GeneralistTeam
Carlos Santana
Technical Sales RepresentativeTeam
Steve Wolos
Technical Sales & Business Development ManagerTeam
Emmie Taylor
Service CoordinatorTeam
George Pace
Northeast Service MangerTeam
Bill Wooley
Field TechnicianTeam
D.j. Justice
Procurement/inside SalesTeam
Petr Grigorievich Udovenko
Territory Sales ManagerTeam
Bill O'Dowd
Territory Sales ManagerTeam
Ayman al-Dali
Jr Embedded DeveloperTeam
Joseph C.
IT ManagerTeam
Jeremy Orr
Senior Operations ManagerTeam
Kevin Mellott
Senior Business Development TechnicianTeam
Kelsey Lebaron
Human Resources ManagerTeam

9 more people are available in the full profile.

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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.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Provider of upstream production equipment
midflow.netMillersburg, United States2012Aug 2019$3.4M
gomillstream.com0Jun 2019$2.5M
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Complete acquisition details for Profire Energy

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  • Acquired stakes
  • Deal sources
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  • Exports

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Timeline of Profire Energy

7 dated milestones of Profire Energy across 22 years, from founding to its latest funding, stage changes and deals.

  1. Founded Profire Energy is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round of $4.7M.
  4. Funding Latest funding round, Post-IPO, of $2.1M.
  5. Acquisition Acquires Gomillstream.
  6. Acquisition Acquires Midflow.
  7. Exit Acquired by CECO.

Web traffic of Profire Energy

The website of Profire Energy (profireenergy.com) receives about 20.7K visits a month.

  • Monthly visits
    20.7K

    ▲ 80.1% vs previous month

Similar websites

Websites whose visitors overlap most with Profire Energy. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
cenosco.com
100%
47.1K#669,439View details
iciprocess.com
iciprocess.com
78%
#10,480,770–
worldfuels.com
worldfuels.com
78%
–
nu-way.co.uk
nu-way.co.uk
48%
#3,824,025–
carlincombustion.com
carlincombustion.com
47%
#1,919,695–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 8 similar websites and full traffic analytics for Profire Energy

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 8 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Oil & Gas Equipment & Services

3 companies that operate in the same segment as Profire Energy (Oil & Gas Equipment & Services) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Gas equipment manufacturing, repair, and engineering services are provided.
1859Canton, Ohio, United StatesUSD 4.16 B11,930
Manufacturer of polycrystalline diamond compact drill bits
1978Houston, Texas, United StatesUSD 4.83 B9,200
USA Compression is engaged in providing gas compression services.
1998Austin, Texas, United StatesUSD 998.1 M854
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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 CEO of Profire Energy, as recorded in our data. They have also founded this company.

Profire Energy has 72 employees.

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.

Profire Energy operates through Profire Energy, Inc.

Yes. Profire Energy was acquired by CECO in October 2024.

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