Nitro Lift Technologies, L.L.C.
How we got $181.5M
Based on 129 employees on its 2024 401(k) filing.
What we know
Signs of a sale Unlikely to sell soon
- Acquired by USA DeBusk (2023)
From public records and the company's website, not a statement that it's for sale.
Ownership & transactions
- Acquired by USA DeBusk · Dec 2023USA DeBusk acquired Nitro-Lift Technologies LLC, along with Nitro-Lift Fabrication LLC and Nitro-Chem Solutions LLC, in a deal announced in December 2023.Source
Estimated value over time
▲ 136% 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
▲ 90% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 68 | $76.3M |
| 2020 | Form 5500 | 70 | $78.5M |
| 2021 | Form 5500 | 70 | $78.5M |
| 2022 | Form 5500 | 85 | $95.4M |
| 2023 | Form 5500 | 94 | $105.5M |
| 2024 | Form 5500 | 129 | $144.8M |
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| NITRO LIFT TECHNOLOGIES, L.L.C. this business | $254.8M | — |
| NITRO LIFT HOLDINGS LLC Mill Creek · 75 employees | $79.4M | 0.0 mi |
| DDB UNLIMITED INC Wynnewood · 49 employees | $34.5M | 34.3 mi |
| SPL CONTROL L.L.C. Elmore City · 6 employees | $2.1M | 46.6 mi |
The full calculation
Brought up to date: prices are 10% higher than in the benchmark's year, both included above.
| Estimated value = EBITDA × typical sale multiple | $181.5M |
| Multiple for this size and industry | 7.5× |
| Value range | $116.2M – $326.7M |
| Employees in its retirement plan (2024 Form 5500) | 129 |
| Industry revenue per employee | $1.1M |
| Revenue = employees × revenue per employee | $254.8M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $24.2M |
| For comparison: employees reported for PPP (2020) | 68 |
Uses the newest headcount we have: participants in the company's retirement plan from its Form 5500 filing with the Department of Labor. Plans can leave out part-timers and new hires, so the range leans higher than the estimate.
| Revenue range | $203.8M – $382.1M |
| EBITDA range | $19.4M – $36.3M |
| Industry (NAICS) | Industrial Gas Manufacturing (325120) |
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. These are statistical estimates, not reported financials. Full methodology
People & 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, PPP 2021 | 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 | $1.1M | 49 |
| 1/29/2021 | second | $1.1M | 68 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Nitro Lift Technologies, L.L.C.
Nitro Lift Technologies, L.L.C. is an industrial gas manufacturing company in Mill Creek, Oklahoma. Its estimated annual revenue is about $254.8M, with roughly $24.2M of EBITDA. It has about 129 employees. Its estimated business value is $181.5M (likely range $116.2M–$326.7M).
Common questions
- Who owns Nitro Lift Technologies, L.L.C.?
- The owner of Nitro Lift Technologies, L.L.C. 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 Technologies, L.L.C. make?
- SeeBITDA estimates Nitro Lift Technologies, L.L.C.'s annual revenue at about $254.8M (likely between $203.8M and $382.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Nitro Lift Technologies, L.L.C. worth?
- About $181.5M, roughly 7.5× its estimated EBITDA of $24.2M, typical for a industrial gas manufacturing company its size. Likely range: $116.2M–$326.7M.
- How many employees does Nitro Lift Technologies, L.L.C. have?
- About 129, from its 2024 retirement-plan filing.