Xyresic Capital sees aging wells driving recurring demand for well integrity services
XLE•Xyresic Capital says regulatory requirements and an aging well base drive recurring demand for well integrity services. The firm seeks founder-led businesses with at least $5 million in EBITDA and management infrastructure beyond the founder.
1. Investment criteria
Xyresic Capital identifies scheduled testing and repeat repair work as sources of durable cash flow, with growth often coming from deeper customer relationships. It says qualified personnel are the main constraint on growth and experienced teams create barriers to entry. The firm seeks founder-led well services businesses with at least $5 million in EBITDA and management infrastructure beyond the founder.
