Mattsco Supply Company
- Randy BensonSigns company filings · Form 5500 (2023)
How we got $13.1M
Based on its 33 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 2% since 2020Today'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
▼ 3% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 33 | $25.4M |
| 2020 | Form 5500 | 28 | $21.6M |
| 2021 | Form 5500 | 33 | $25.4M |
| 2022 | Form 5500 | 31 | $23.9M |
| 2023 | Form 5500 | 37 | $28.5M |
| 2024 | Form 5500 | 30 | $23.1M |
| 2025 | Form 5500 | 32 | $24.7M |
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
Signs of a sale Some signs of a sale
- In business 51 years (since 1975)
From public records and the company's website, not a statement that it's for sale.
What they do
Mattsco Supply Company is a privately owned PVF (pipe, valves, fittings) distributor in Tulsa, OK, supplying carbon, stainless, and alloy products plus fabricated and machined parts to industrial, commercial, and oilfield customers.
From the company's website. Industry: Industrial Machinery and Equipment Merchant Wholesalers.
Ownership & transactions
- Investment from Achieve Capital · Jan 2019Listed in Achieve Capital's portfolio (current)Source
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- ONEOK, Inc. · Tulsa, 11 mi · $33.63B
- Helmerich & Payne · Tulsa, 11 mi · $3.75B
- EXPLORER PIPELINE COMPANY · Tulsa, 11 mi · $619.2M
- MID-CON ENERGY OPERATING, LLC · Tulsa, 11 mi · $467.9M
- SAMSON RESOURCES II OPCO, LLC · Tulsa, 11 mi · $326.8M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MATTSCO SUPPLY COMPANY this business | $36.8M | — |
| CISCO CONTAINERS, L.L.C. Tulsa · 4 employees | $4.1M | 1.1 mi |
| ABERDEEN DYNAMICS LLC Catoosa · 111 employees | $132.5M | 1.2 mi |
| REDDY PIPE & SUPPLY INC Tulsa · 4 employees | $5.3M | 1.8 mi |
| EQUIPMENT WORLD, INC. Catoosa · 15 employees | $19.0M | 1.8 mi |
| BUSHYHEAD SALES AND CONSULTING LLC Tulsa · 4 employees | $4.7M | 2.1 mi |
| TRANSCO SUPPLY COMPANY INC Tulsa · 11 employees | $9.9M | 2.6 mi |
The full calculation
| Employees reported to the SBA | 33 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $29.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $35.8M |
| Estimate: the two combined (geometric mean) | $36.8M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $2.5M |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $13.1M |
| Multiple for this size and industry | 5.2× |
| Value range | $6.9M – $17.9M |
| Revenue range | $24.2M – $42.0M |
| EBITDA range | $1.7M – $2.9M |
| Industry (NAICS) | Industrial Machinery and Equipment Merchant Wholesalers (423830) |
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, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
“From our inception, Mattsco has realized the basic strength of any company depends upon its people, their integrity, professionalism, product knowledge, and a genuine desire to support the customer.”
Advisors
- BankingArvest BankPPP / 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
| Arvest Bank PPP 2020, PPP 2021 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $546K | 33 |
| 1/20/2021 | second | $560K | 33 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Mattsco Supply Company
Mattsco Supply Company is an industrial machinery and equipment merchant wholesalers company in Tulsa, Oklahoma, in business since 1975. Its estimated annual revenue is about $36.8M, with roughly $2.5M of EBITDA. It has about 32 employees. Its estimated business value is $13.1M (likely range $6.9M–$17.9M).
Common questions
- Who owns Mattsco Supply Company?
- The owner of Mattsco Supply Company isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Mattsco Supply Company make?
- SeeBITDA estimates Mattsco Supply Company's annual revenue at about $36.8M (likely between $24.2M and $42.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mattsco Supply Company worth?
- About $13.1M, roughly 5.2× its estimated EBITDA of $2.5M, typical for a industrial machinery and equipment merchant wholesalers company its size. Likely range: $6.9M–$17.9M.
- How many employees does Mattsco Supply Company have?
- About 32, from its 2025 retirement-plan filing.
- When was Mattsco Supply Company founded?
- Mattsco Supply Company has been in business since 1975.