Nitro Lift Holdings LLC
How we got $59.8M
Based on 75 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Ownership & transactions
- Majority investment from Black Gold affiliates · Jan 2019Nitro-Lift Holdings was acquired by Black Gold affiliates in 2019 in a recapitalization and majority stake acquisition.Source
Estimated value over time
▲ 54% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| NITRO LIFT HOLDINGS LLC this business | $99.4M | — |
| NITRO LIFT TECHNOLOGIES, L.L.C. Mill Creek · 68 employees | $90.5M | 0.0 mi |
| DDB UNLIMITED INC Wynnewood · 49 employees | $55.7M | 34.3 mi |
| SPL CONTROL L.L.C. Elmore City · 6 employees | $2.9M | 46.6 mi |
The full calculation
| Employees reported to the SBA | 75 |
| Industry revenue per employee | $1.1M |
| Revenue = employees × revenue per employee | $99.4M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $9.2M |
| Cross-check: revenue implied by PPP payroll | $6.8M |
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 | $59.8M |
| Multiple for this size and industry | 6.5× |
| Value range | $28.3M – $84.9M |
| Revenue range | $58.8M – $117.6M |
| EBITDA range | $5.4M – $10.9M |
| Industry (NAICS) | Industrial Gas Manufacturing (325120) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
Advisors
- BankingFirst United Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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
| First United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $90K | 75 |
About Nitro Lift Holdings LLC
Nitro Lift Holdings LLC is an industrial gas manufacturing company in Mill Creek, Oklahoma. Its estimated annual revenue is about $99.4M, with roughly $9.2M of EBITDA. It has about 75 employees. Its estimated business value is $59.8M (likely range $28.3M–$84.9M).
Common questions
- Who owns Nitro Lift Holdings LLC?
- The owner of Nitro Lift Holdings LLC 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 Nitro Lift Holdings LLC make?
- SeeBITDA estimates Nitro Lift Holdings LLC's annual revenue at about $99.4M (likely between $58.8M and $117.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Nitro Lift Holdings LLC worth?
- About $59.8M, roughly 6.5× its estimated EBITDA of $9.2M, typical for a industrial gas manufacturing company its size. Likely range: $28.3M–$84.9M.
- How many employees does Nitro Lift Holdings LLC have?
- About 75, as reported on its PPP loan.