VENTURE CAPITAL
For the past 29 years, Davis Bros. has been active in the venture capital industry.
Investments have been made in companies involved in pipeline transportation, crude oil trucking, offshore servicing, gas gathering, gas compressor manufacturing, exploration and production, retail electricity, solar electricity usage measurements, and superconducting wire technology.
NUMAR
CORPORATION
NUMAR Corporation was established to develop a downhole tool to measure certain geological properties (NMR) related to the evaluation of the productivity of oil and gas in shaly reservoirs.
THE COMPANY WAS SUCCESSFUL AND SOLD TO HALLIBURTON FOR $360 MILLION IN 1997.
ENCORE WIRE
Encore Wire was established to manufacture copper electrical building wire using a mini-mill concept. The company went public in 1993 and is located in McKinney, Texas.
ITS MARKET CAPITALIZATION IS APPROXIMATELY $1.1 BILLION.
PHOTOMETRICS
Photometrics was established to manufacture extremely high-resolution scientific grade cameras in a plethora of industries.
THE COMPANY BECAME PROFITABLE AND WAS SOLD IN A PRIVATE TRANSACTION.
METAL OXIDE
TECHNOLOGIES
Metal Oxide Technologies was established to be the first commercial manufacturer of high temperature superconducting wire from technology developed at the University of Houston. Significant progress has been made. The wire currently manufactured in the pilot line is of very high quality, and Metox’s patented process allows for extremely low cost in a full commercial setting. A major funding round is planned.
A REPORT ISSUED BY A FORTUNE 500 COMPANY WHO HAS BECOME A STRATEGIC PARTNER IDENTIFIED METOX AS THE POTENTIAL WORLD LEADER.
Successful in Real Estate, Oil & Gas
and Venture Capital since 1945.