About Utex
Utex is a company based in Houston (United States) founded in 1940, and was acquired by Teescraft in March 2019. Fluid sealing solutions. The company has 584 employees. Utex has completed 1 acquisition, including Sheraton Services. Its chief executive, as recorded, is Charlie Thompson. Utex offers products and services including Custom Seals and Well Service Packing. Its legal entity is UTEX INDUSTRIES INC.
Company details
Utex Industries was founded in 1940 and is headquartered in Houston, United States. Operations focus on the fluid sealing sector, where engineered seals and components are produced using high-performance materials such as armored elastomers, polymers, urethanes, and mechanical seals. Products serve clients in oil and gas, water distribution, aerospace, and industrial markets, with fluid end expendables also provided.
- Headquarters Houston, United States
- Employees 584
- Stage Acquired
- Phone•••• ••••
- Website utexind.com
- Social LinkedIn X Facebook
- Acquired by Teescraft (Mar 2019)
- Legal Name Utex Industries Inc
- InvestorsQuilvest Private Equity
& 5 more
- Employee Count584
- Investments & Acquisitions
- Acquired by
Products & Services of Utex
Utex offers a comprehensive portfolio of products and services, including Custom Seals and Well Service Packing.
Custom seals are designed for various industrial applications to control fluids and improve system reliability.
Well service packing is provided for high-pressure environments to extend equipment life and optimize performance.
Funding Insights of Utex
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Utex 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 |
|---|---|---|---|---|---|
| Nov 2005 | Unspecified | – | – |
6 investors in total: 6 institutional.
Investors in Utex
Utex has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Quilvest Private Equity, Audax Private Equity and The Teescraft Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
PE firm backed by quilvest group | quilvestprivateequity.com | Las Condes, Chile | ||
Private equity investments in middle market companies across North America. | audaxprivateequity.com | |||
A private equity firm focused on operational excellence is operated. | greymountain.com | Boulder, United States | ||
Investment banking firm offering private equity investments | rhonegroup.com | New York, United States | ||
Asset management firm investing in energy, power, and infrastructure globally. | 2000 | riverstonellc.com | New York, United States | |
Engineering solutions are provided by The Teescraft Group. | teescraft.com | Bishop Auckland, United Kingdom |
Investor details for Utex
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 Utex
54 people are tracked at Utex (7 in leadership, 47 in team); the tracked headcount is 584.
| Name | Role | Group |
|---|---|---|
Charlie Thompson | CEO | Leadership |
Roy Howard, MBA | Vice President of Sales | Leadership |
Zach Tritz | Sr Director Of Business Development - Core Products | Leadership |
Louis Tan | Director Business Development - AP | Leadership |
Jim Chapman | Director | Leadership |
Debbie Lewis | Director Of Global Plant Maintence And Capital Projects | Leadership |
Gray D. | Director Of Information Technology | Leadership |
Ana Villegas | Senior Human Resources Manager | Team |
Dee Sumpter | HR Consultant for UTEX Industries, Inc. | Team |
Anthony Kristynik | MFG engineer | Team |
Scott Greason | Facitities Engineer | Team |
Dawn Alvarez | Corporate Environmental Manager | Team |
Donald Oliver | Regional Sales Manager | Team |
Mike Teegarden | Technical Sales, Well Service Group | Team |
Mark Kelley | Technical Sales | Team |
Brandon Wahl | Rocky Mountain Sales Manager | Team |
Sean Hitchcock | Sales | Team |
Dalton Etherington | Key Account Manager | Team |
Marrisa Brown (Gaskamp) | Corporate Inside Sales Manager | Team |
Lauren Kovar | Human Resources Generalist | Team |
34 more people are available in the full profile.
Complete people profiles for Utex
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 Utex
Utex has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sheraton Services.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Products and services for oil and gas transportation are provided. | sheratonservicesuk.com | Ashington, United Kingdom | 2017 | Nov 2022 | •••• |
Complete acquisition details for Utex
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 Utex
8 dated milestones of Utex across 82 years, from founding to its latest funding, stage changes and deals.
- Founded Utex is founded.
- Exit Acquired by Grey Mountain Partners.
- Funding First funding round.
- Exit Acquired by Audax Private Equity.
- Exit Acquired by Rhone Group.
- Exit Acquired by Riverstone Holdings.
- Exit Acquired by Teescraft.
- Acquisition Acquires Sheraton Services.
Web traffic of Utex
The website of Utex (utexind.com) receives about 3.5K visits a month.
- Monthly visits3.5K
▼ 7.4% vs previous month
Websites whose visitors overlap most with Utex. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
aspseal.com | aspseal.com | 100% | #4,167,176 | – | |
utex.org | utex.org | 72% | #1,672,753 | – |
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Frequently Asked Questions about Utex
Utex was founded in 1940 and raised its 1st funding round 65 years after it was founded.
Utex is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
Charlie Thompson is the CEO of Utex, as recorded in our data.
Utex has 584 employees.
Utex Industries was founded in 1940 and is headquartered in Houston, United States. Operations focus on the fluid sealing sector, where engineered seals and components are produced using high-performance materials such as armored elastomers, polymers, urethanes, and mechanical seals. Products serve clients in oil and gas, water distribution, aerospace, and industrial markets, with fluid end expendables also provided.
Utex offers Custom Seals and Well Service Packing.
Utex has made 1 acquisition, including Sheraton Services.
Utex has 6 investors. Key investors include Quilvest Private Equity, Audax Private Equity, The Teescraft Group, Grey Mountain Partners, and Rhone Group.
Utex operates through Utex Industries Inc.
Yes. Utex was acquired by Teescraft in March 2019.