Archive for 'SCF News'

Jim McColl has vowed to press on with an ambitious acquisitions programme after announcing the sale of his ClydeUnion pumps company to SPX, the US engineering group, for £750m in cash.

Mr McColl – chairman and majority owner of Glasgow-based Clyde Blowers, of which ClydeUnion has until now been a subsidiary – said he would have up to £800m to spend on new purchases over the next three years “if suitable targets arise”.

One of Britain’s foremost engineering entrepreneurs, Mr McColl said: ...

HOUSTON–(BUSINESS WIRE)– Rockwater Energy Solutions, Inc. announced today the closing of a combination transaction amongst four separate companies – Benchmark Performance Group, Inc., EnerMAX Services Limited Partnership, Red Oak Water Transfer, Inc. and Reef Services Holdings, Inc. – to form Rockwater Energy Solutions, Inc. (Rockwater). Houston-based Rockwater provides fluids management and environmental solutions to the energy industry in North America to uniquely address the special fluid and environmental-related challenges associated with modern day unconventional and conventional oil and gas resource ...

Forum Energy Technologies (FET) announced today the closing of a merger among five separate companies, Forum Oilfield Technologies, Triton Group, Subsea Services International, Global Flow Technologies, and Allied Technology, to form FET. Houston based FET is a global provider of manufactured and applied products to the global energy industry with approximately $700 million in annual revenues and about 2,000 employees worldwide. FET will serve the drilling, production, and infrastructure segments of the energy industry. Among the manufactured products provided ...

Nautronix and Chief Executive Officer Mark Patterson today announce the acquisition of Nautronix by SCF Partners and members of the Nautronix senior management team.

As a global private equity firm for energy services investment, SCF Partners (“SCF”) is headquartered in Houston, Texas, with representative offices in Calgary and Aberdeen. SCF has been providing equity capital and strategic growth assistance to energy services and equipment industry for over 20 years and typically provides an initial investment of upfront equity, often ...