Sara Sae is one of the few Indian companies with a track record of supplying critical oilfield equipment to the global markets. The company, with its strong manufacturing base in India and US, counts leading O&G equipment majors and drilling contractors as its customers. It has a widespread presence with offices in US, Singapore, Dubai in addition to distributors in Russia, Australia and LatAM markets.
The company was part of National Oilwell Varco (NYSE: NOV) till 2011, when Multiples partnered the Indian founders to buyout NOV's stake. The company has since expanded its product portfolio and deepened its global distribution to emerge as a well-diversified player. Multiples exited its stake in 2016
Sector | Manufacturing
Status | Exited
Year of investment | 2011