SeeBITDAOklahoma

Levare

Manufacturing
  • 1600 N Garnett Rd, Tulsa, OK
  • Since 2008
Estimated valueLow confidence
$1.2M
$211Klikely range$2.4M
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$3.0M
a year
Profit (EBITDA)
$400K
13% of revenue
Employees
—
not reported
Vlad Kondratiev
Senior Executive Vice President · source
Unlikely to sell soon

How we got $1.2M

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical manufacturing business in Oklahoma$3.0M
Revenue$3.0M
× 13% profit margin$400K
× 3 sale multiple = value$1.2M

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner named
Trucking registration (FMCSA)

Signs of a sale Unlikely to sell soon

  • In business 18 years (since 2008)

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

What they do

Levare supplies specialized electric submersible pumps (ESP), PCP systems and horizontal pumping systems for the oil and gas industry, along with water production and surface pumping applications. It serves oil producers and water-pumping customers worldwide, with offices in Dubai and Tulsa-area operations as described on its site.

Products & services
ESP SystemsHorizontal Pump SystemsPower CableDownhole SensorsPMM PCP SystemsVariable Speed DrivesSoftware and MonitoringSlimline ESPProLift artificial lift design software24/7 Well SurveillanceProduction OptimizationTerraGenix
Markets served
Conventional Oil ProductionUnconventional Oil ProductionGeothermal Water ProductionSAGDOilfield Water ManagementPotable Water ProductionSurface Fluid TransferMine Dewatering Pump Systems
Certifications
NSF-61 certified equipment

From the company's website. Industry: Manufacturing.

Customers & suppliers

Customers

  • Utah FORGE Geothermal Project · named on its website

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. profitDistance
Levare
this business
$3.0M$400K—
NORDAM Repair Division
Tulsa
$3.0M$400K0.2 mi
Fibertech
Tulsa
$3.0M$400K0.3 mi
Welsco
Tulsa
$3.0M$400K0.3 mi
Mathey Dearman, Inc.
Tulsa
$3.0M$400K0.3 mi
Tulsa Distribution Center
Tulsa
$3.0M$400K0.4 mi
Oil Capitol Sheet Metal Inc
Tulsa
$3.0M$400K0.4 mi

The full calculation

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$1.2M
Multiple for this size and industry3×
Value range$211K – $2.4M

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Manufacturing businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (13%). Treat these as a rough guide.

Revenue range$661K – $5.1M
EBITDA range$88K – $673K
Industry (NAICS)Manufacturing (31)

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: approximate sector default. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology

People & advisors

Leadership

  • MS
    Mark Shabad
    Interim Chief Executive Officer · Company website · source
  • KC
    Kyle Chapman
    EVP – Global Operations · Company website · source
  • DS
    Daniil Shapirovsky
    Chief Financial Officer · Company website · source
  • LE
    Luis E. Seczon
    Chief Technology Officer · Company website · source
  • SP
    Stacy Palmatary
    Chairman · Company website · source
  • MP
    Michelle Pham
    Company Secretary · Company website · source

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.

Public records

DOT motor carrier
USDOT 1801689
Trucks (power units)15
Drivers3
Miles (2023)905,917
Registered with DOT2008

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

About Levare

Levare is a manufacturing company in Tulsa, Oklahoma, in business since 2008. It is owned by Vlad Kondratiev (Senior Executive Vice President). Its estimated annual revenue is about $3.0M, with roughly $400K of EBITDA. Its estimated business value is $1.2M (likely range $211K–$2.4M).

Common questions

Who owns Levare?
Levare is owned by Vlad Kondratiev (Senior Executive Vice President), according to public sources such as the company's website or filings.
How much revenue does Levare make?
SeeBITDA estimates Levare's annual revenue at about $3.0M (likely between $661K and $5.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Levare worth?
About $1.2M, roughly 3× its estimated EBITDA of $400K, typical for a manufacturing company its size. Likely range: $211K–$2.4M.
When was Levare founded?
Levare has been in business since 2008.