Dan K. Eberhart is the Chief Executive Officer of Canary, LLC, a Denver, Colorado based drilling-services company, and is managing partner of Eberhart Capital, LLC.
Video Dan K. Eberhart
Background and Education
Eberhart is a native of Georgia and holds a bachelor of arts degree in economics and political science from Vanderbilt University and a Juris Doctor degree from Tulane Law School, where he was the President of the Tulane Federalist Society. While at Vanderbilt, he founded a conservative student group for bringing speakers to campus. He moved from New Orleans, Louisiana to Phoenix, Arizona after graduating law school and working for just three weeks before Hurricane Katrina hit.
Maps Dan K. Eberhart
Career
Eberhart's company, Canary, installs and services wellheads at drilling locations. As of early 2014, Eberhart's private equity firm, Eberhart Capital LLC, has been involved in a total of 12 acquisitions since 2007, from several different sectors including the oil and gas industry.
Eberhart got his start as a business owner when he quit his job at a Houston-based international oil field service company and purchased Frontier Wellhead & Supply Co. in January 2009. From 2009 to 2012, he added seven acquisitions of oilfield services companies to Frontier.
In January 2013, he purchased Oklahoma City, Oklahoma-based rival, Canary Wellhead Equipment Inc., for less than $100 million. The combined Frontier Wellhead and Canary Wellhead is headquartered in Denver and operates under the name Canary, LLC for name recognition. It has a revenue of over $100 million, and Eberhart is the CEO. The company is now the sixth-largest privately owned oilfield service company and the largest independent wellhead service provider in the United States.
Before he purchased Frontier Wellhead, Eberhart was the vice president of acquisitions for Greene's Energy Group, LLC. He also served as vice president of acquisitions for Robson Energy in Arizona.
Eberhart's investment company, Eberhart Capital LLC, owns Canary and other companies. Its acquisitions include Unitherm Furnaces, LLC, a Missouri-based industrial furnace maker, which it acquired in January 2014. It also owns Precision Pipeline, Inc., and three trucking companies: Poling Express, LLC, Twin Express, and Golden Drop Trucking. The company also acquired then divested Luft Machine, a manufacturing company. In July 2014, they acquired Contractor Sales and Services, an industrial construction equipment rental company based in Des Moines, Iowa.
Eberhart Capital is based in Scottsdale, Arizona and has $100 million in assets and $200 million in revenue.
Organizations
Eberhart is a member of the North Dakota Petroleum Council and the Colorado Oil & Gas Association. He is also a director of the Los Angeles World Affairs Council.
References
Source of the article : Wikipedia
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