HOUSTON — September 2017 — SCF Partners (“SCF”) is pleased to announce it has invested in Hi-Tech Industrial Services. Greg Reintjes, who acquired Hi-Tech Industrial Services in 2003, will continue as Chief Executive Officer and as an owner of the business. Hi-Tech Industrial Services is a premier provider of integrated specialty services to the downstream energy,…
Rockwater Completes Successful Equity Offering and Merger with Crescent Companies
Rockwater Completes Successful Equity Offering and Merger with Crescent Companies to Create Leading Water Management Services Company HOUSTON – March, 2017. SCF Portfolio company, Rockwater Energy Solutions, Inc. (“Rockwater”) has successfully completed a private placement of 8.3 million shares of its Class A-1 Common Stock for aggregate proceeds of approximately $150 million, which is being used…
SCF Expands Leadership Team
Houston, TX, March 2017 – SCF Partners is pleased to announce that Sean Rice and Colin Welsh are joining the firm. Prior to joining SCF, Sean Rice was with Goldman, Sachs & Co. for 18 years and most recently served as head of Global Energy Investment Banking. Rice was a longtime member of the Merger…
SCF Partners Announces Partnership with BCCK Holding Company
Midland, Texas and Houston, Texas – February 2, 2017– SCF Partners (“SCF”) and BCCK Holding Company (“BCCK”) are pleased to announce that they have entered into a strategic partnership, where SCF will be providing growth capital for expansion opportunities for BCCK. Clark Butts, Founder of BCCK, will continue as Chief Executive Officer and as an…
SCF Portfolio Company, Centurion Group, Combines with ATR Group
Aberdeen, Scotland, August, 2016 – SCF Partners is pleased to announce the strategic merger of its portfolio company, Centurion Group, with ATR Group, to create a global player in the oil and gas rental equipment and services market. The combined group of companies will operate from bases in the United Kingdom, the Netherlands, the Caspian, Singapore, Australia…
SCF Partners Acquires the Australian and South-East Asian Business of Cal Dive International
Perth, Australia, August, 2015 – SCF is pleased to announce that, in partnership with Perth-based Viburnum Funds, John Edwards and management, the firm has acquired the Australian and South-East Asian Business of Cal Dive International. The company which will be renamed Shelf Subsea, will be headquartered in Singapore, and will also have operations in Perth.…
SCF Announces Combination Between Big Lake Services and Beckman Production Services
HOUSTON — September 9, 2014 — SCF Partners is pleased to announce the strategic combination of Big Lake Services, LLC (Big Lake) with Beckman Production Services, LLC (Beckman). Founded in 1970, Beckman is North America’s largest private production and well services company with operations in Wyoming, North Dakota, Pennsylvania, Michigan, Oklahoma and Montana. The Company…
RentAir Offshore, Conserve Oilfield Services, Jacks Winches, and Seanic Ocean Systems to form Centurion Group Ltd.
Houston, TX – September 4, 2014 – SCF Partners is pleased to announce the closing of the combination transaction between four of its separate portfolio companies – RentAir Offshore, Conserve Oilfield Services, Jacks Winches, and Seanic Ocean Systems – to form Centurion Group Ltd software for tracking projects. This combination brings together a group of…
SCF Portfolio Company, Nine Energy Service, Combines Forces with Crest Pumping Technologies
Houston, TX, July 2014 – SCF is pleased to announce that its portfolio company, Nine Energy Service (Nine) has combined forces with Crest Pumping Technologies (Crest). Nine, an oilfield services company that offers completion solutions and wireline services, has partnered with Crest Pumping Technologies (Crest), a premier provider of downhole cementing, acidizing and pump down…
SCF Portfolio Company, Beckman Production Services, Combines with RedZone Coil Tubing
Houston, TX, May 2014 – SCF is pleased to announce the strategic combination of its portfolio company, Beckman Production Services, with RedZone Coil Tubing. Beckman and RedZone will each continue to operate separately, with the Beckman team managing the production services division and the RedZone team managing the coil tubing division. Founded in 2011, RedZone…