Sertco Industries, Inc.
How we got $7.1M
Based on its 41 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 47 years (since 1979)
- Founder still runs it after 47 years
From public records and the company's website, not a statement that it's for sale.
What they do
Sertco Industries manufactures wellhead natural gas compressors and packages and leases and services them for natural gas producers. It states it has over 40 years of manufacturing experience and 25 years in the natural gas compression business.
From the company's website. Industry: Air and Gas Compressor Manufacturing.
Estimated value over time
▲ 40% 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 |
|---|---|---|
| SERTCO INDUSTRIES, INC. this business | $13.1M | — |
| EMP, INC Okmulgee · 4 employees | $1.2M | 21.3 mi |
| ARTISAN MACHINE WORKS LLC Prague · 3 employees | $680K | 23.4 mi |
| SPECIAL PARTS MFG INC Holdenville · 15 employees | $3.8M | 25.1 mi |
| A1 MACHINE WORKS INC Bristow · 2 employees | $585K | 28.2 mi |
| WILLIAMS MACHINING SPECIALIST, INC Kellyville · 16 employees | $5.1M | 37.0 mi |
| WILLIAMS MACHINING SPECIALISTS INC Kellyville · 16 employees | $5.1M | 37.0 mi |
The full calculation
| Employees reported to the SBA | 41 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $11.1M |
| Estimate: the two combined (geometric mean) | $13.1M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $1.5M |
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 | $7.1M |
| Multiple for this size and industry | 4.7× |
| Value range | $3.7M – $9.7M |
| Revenue range | $8.6M – $14.9M |
| EBITDA range | $988K – $1.7M |
| Industry (NAICS) | Air and Gas Compressor Manufacturing (333912) |
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
“In April 1979, Sertco Industries, Inc. was incorporated for the purpose of general manufacturing and assembly as well as sales of machined parts.”
Advisors
- 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, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $414K | 41 |
| 2/26/2021 | second | $414K | 41 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Sertco Industries, Inc.
Sertco Industries, Inc. is an air and gas compressor manufacturing company in Okemah, Oklahoma, in business since 1979. It is owned by Rick Crouch (Founder). Its estimated annual revenue is about $13.1M, with roughly $1.5M of EBITDA. It has about 41 employees. Its estimated business value is $7.1M (likely range $3.7M–$9.7M).
Common questions
- Who owns Sertco Industries, Inc.?
- Sertco Industries, Inc. is owned by Rick Crouch (Founder), according to public sources such as the company's website or filings.
- How much revenue does Sertco Industries, Inc. make?
- SeeBITDA estimates Sertco Industries, Inc.'s annual revenue at about $13.1M (likely between $8.6M and $14.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sertco Industries, Inc. worth?
- About $7.1M, roughly 4.7× its estimated EBITDA of $1.5M, typical for a air and gas compressor manufacturing company its size. Likely range: $3.7M–$9.7M.
- How many employees does Sertco Industries, Inc. have?
- About 41, as reported on its PPP loan.
- When was Sertco Industries, Inc. founded?
- Sertco Industries, Inc. has been in business since 1979.
- Is Sertco Industries, Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 47 years (since 1979); founder still runs it after 47 years.