Houston, Texas – February 2024 – SCF Partners, Inc. (“SCF”) is pleased to announce its strategic investment in Camin Cargo Control Holdings, Inc. (“Camin Cargo”), a global provider of independent testing, inspection and certification (“TIC”) services for liquid fuels. This follows Macquarie Capital Principal Finance’s (“Macquarie Capital”) acquisition of Camin Cargo in late 2023.
Founded in 1982, Camin Cargo has 64 laboratory and inspection branches across 19 countries in the Americas and Europe. The company provides essential testing and inspection services of liquid fuels to ensure products meet commercial and regulatory requirements, as well as remedial fuel treatment services. These services are vital in maintaining fuel quality and controlling emissions, and increasingly support customers developing and introducing renewable fuels.
Camin Cargo’s CEO, John Hodson, expressed his optimism about the collaboration, stating, “The partnership with SCF and Macquarie Capital is a significant step for Camin Cargo. SCF’s deep-rooted expertise in the energy industry, coupled with their global footprint, will serve as a catalyst for our further expansion into international markets and Macquarie’s significant experience in both testing and inspection services and global commodities markets makes them an ideal partner to support us in further building out our capabilities and expanding our markets.”
Garrett Jackson, Director at SCF Partners, stated, “Camin Cargo is a leading TIC company with a remarkable global presence that has been steadily growing market share due to its outstanding reputation for accuracy, consistency, and customer service. The company has also positioned itself as a critical player in processing, testing, and certifying the rapidly expanding volumes of renewable fuels worldwide. Together with management and Macquarie, we look forward to leveraging our resources, global reach and expertise to propel Camin Cargo to even greater heights.”
James Fincher, Managing Director at Macquarie Capital Principal Finance, the financing and principal investing arm of Macquarie Capital, stated, “Given the global energy demand outlook, we see significant opportunity to accelerate Camin Cargo’s already impressive growth, both organically and through acquisitions. We are excited to have SCF as partners and look forward to leveraging their expertise in energy to propel Camin’s growth.”
About Camin Cargo
Headquartered in Pasadena, Texas, Camin Cargo is a leading third-party service provider of critical inspection, testing and fuel treatment services to global energy companies and trading houses. Camin Cargo operates 64 branches across 19 countries which are strategically located to serve multiple key ports, product transfer points, and key energy infrastructure throughout the United States, Canada, Latin America, and Western Europe. For more information, please visit https://www.camincargo.com/
About Macquarie Capital
Macquarie Capital is the advisory, capital markets and principal investment arm of Macquarie Group. It encompasses corporate advisory, a full spectrum of capital solutions, including capital raising services from equity, debt and private capital markets and principal investments from Macquarie Groups’s balance sheet. Macquarie Capital Principal Finance, the financing and principal investing arm of Macquarie Capital, makes investments from Macquarie Group’s balance sheet and provides flexible primary financing and secondary market investing solutions for corporate and commercial real estate clients across North America, Europe and Australasia. Visit Macquarie Capital’s website for more information.
About SCF Partners
Founded in 1989, SCF provides equity capital and strategic growth assistance to build and grow leading energy service, equipment, and technology companies that operate throughout the world. SCF has invested in more than 80 platform companies and made more than 400 additional acquisitions to develop 18 publicly listed energy service and equipment companies over its history. The firm is headquartered in Houston, Texas, and has offices in Calgary, Aberdeen, and Australia. For more information, please visit www.scfpartners.com.