SeeBITDAOklahoma

Brainerd Chemical Co Inc

All Other Basic Organic Chemical Manufacturing
  • 427 S Boston Ave, Tulsa, OK
  • 3 locations
  • Since 1997
  • Family-owned
  • NAICS 325199
Estimated valueMedium confidence
$89.5M
$47.1Mlikely range$122.5M
About 7.5× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$128.9M
a year
EBITDA
$11.9M
9% of revenue
Employees
62
reported in 2020
Leadership
Mat Brainerd
Owner · source · confirmed by 2 sources
Some signs of a sale
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $89.5M

Based on its 62 employees and its payroll, both reported for PPP in 2020 and brought up to date.

62 employees × $1.9M each$114.8M
PPP payroll ÷ payroll's usual share of revenue$111.3M
Shown toward the top of its range×1.14
Revenue$128.9M
× 9% EBITDA margin$11.9M
× 7.5 sale multiple = value$89.5M

Own this business? Correct these figures

Estimated value over time

▲ 54% since 2020
$0$60.8M$121.6M202020212022202320242026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Employees over time

▲ 50% since 2020
0100200202020212022202320246293
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan62$90.2M$8.4M
2020Form 550095$138.3M$12.8M
2021Form 550087$126.6M$11.7M
2022Form 550092$133.9M$12.4M
2023Form 550087$126.6M$11.7M
2024Form 550093$135.3M$12.5M

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

What we know

PPP loan, 2020
401(k) filing, 2024
No reported financials
Company website
Owner named
3 locations found

Signs of a sale Some signs of a sale

  • In business 29 years (since 1997)
  • No family successor named on its website

From public records and the company's website, not a statement that it's for sale.

What they do

Brainerd Chemical is a privately-held company that manufactures, packages and distributes chemicals and related services for industrial customers across the continental United States.

Products & services
Peracetic AcidHydrofluoric AcidBlendingPackagingTransportation
Markets served
Animal HealthFood SafetyOil and GasMetal ManufacturingWater TreatmentMiningHygiene and JanitorialPaint and Coatings
Service area
continental United States

From the company's website. Industry: All Other Basic Organic Chemical Manufacturing.

Customers & suppliers

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Oil & gas

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
BRAINERD CHEMICAL CO INC
this business
$128.9M$11.9M—
OIL CAPITAL LAND & EXPLORATION
Tulsa · 1 employees
$1.8M$249K0.1 mi
LONE STAR SPECIALTY PRODUCTS LLC
Tulsa · 37 employees
$48.2M$5.1M5.4 mi
MAGNESIUM PRODUCTS INC
Tulsa · 7 employees
$5.5M$708K6.7 mi
STOUGHCOOL, LLC
Owasso
$12.9M$1.4M13.0 mi
ADVANCE RESEARCH CHEMICALS
Catoosa · 120 employees
$216.7M$20.1M14.4 mi
Praxair Inc
Claremore
$1.4M$215K16.5 mi

Ranges & sources

Revenue range$84.8M – $146.9M
EBITDA range$7.9M – $13.6M
Industry (NAICS)All Other Basic Organic Chemical Manufacturing (325199)
Value range$47.1M – $122.5M

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: US Economic Census 2022. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

History & advisors

Family-owned
“Over the course of 44 years under the leadership of Mat Brainerd, our family business has expanded from a local reagent supplier to being recognized as a top 100 U.S. Chemical Distributor.”

Advisors

  • AccountingEide BaillyAudits its 401(k) plan (2024 filing)
  • BankingBancFirstPPP / SBA lender

From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.

Banking relationships

BancFirst
PPP 2020
All 7,048 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/15/2020first$902K$911K62BancFirst
4/15/2020first$151K$153K11BancFirst
4/15/2020first$100K$101K9BancFirst
4/15/2020first$58K$58K5BancFirst

3 locations

427 S Boston AveTulsaThis listing
1450 County Rd 1240AmberView
1200 N Peoria AveTulsaView

Revenue, EBITDA and value are for the whole company.

Public records

LinkedIn company page
Size as the company lists it
Employees—

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Brainerd Chemical Co Inc

Brainerd Chemical Co Inc is a family-owned all other basic organic chemical manufacturing company in Tulsa, Oklahoma, in business since 1997. It is owned by Mat Brainerd. Its estimated annual revenue is about $128.9M, with roughly $11.9M of EBITDA. It has about 93 employees. Its estimated business value is $89.5M (likely range $47.1M–$122.5M). It has 3 locations.

Common questions

Who owns Brainerd Chemical Co Inc?
Brainerd Chemical Co Inc is owned by Mat Brainerd, according to public sources such as the company's website or filings.
How much revenue does Brainerd Chemical Co Inc make?
SeeBITDA estimates Brainerd Chemical Co Inc's annual revenue at about $128.9M (likely between $84.8M and $146.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Brainerd Chemical Co Inc worth?
About $89.5M, roughly 7.5× its estimated EBITDA of $11.9M, typical for a all other basic organic chemical manufacturing company its size. Likely range: $47.1M–$122.5M.
How many employees does Brainerd Chemical Co Inc have?
About 93, from its 2024 retirement-plan filing.
When was Brainerd Chemical Co Inc founded?
Brainerd Chemical Co Inc has been in business since 1997.