Rival Downhole Tools is a company in the energy and oil and gas sector that specializes in producing reliable and innovative Drilling and Workover Equipment. Since its establishment in 2002, the company has been at the forefront of extensive R&D programs, design, sustaining engineering, licensing, patenting, manufacturing, testing, product verification, tool sales, and repair and maintenance. Their dedication to providing clients with an unparalleled advantage, all while ensuring strict confidentiality, sets them apart in the industry.
The company's most recent milestone was a $15.00MPrivate Equity Round investment received on 05 October 2017, with the investment led by EV Private Equity. This injection of capital not only validates the potential of Rival Downhole Tools but also signifies investor confidence in the company's vision and capabilities.
Rival Downhole Tools operates at the intersection of technology and the energy sector, positioning itself as a significant player in the Developer Tools, Energy, and Oil and Gas industries. The recent investment serves as a testament to the company's commitment to driving innovation and creating value in these markets.