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 specialty equipment solutions providers that primarily service the offshore and subsea oil and gas industry. Centurion Group’s extensive line of products and services includes: standard ROV tooling and engineered solutions to service the subsea market; cargo carrying units, baskets and chemical tanks to facilitate topside logistics; Zone II air compressors, steam generators and associated equipment for well testing and topside fabric maintenance; and winches, deck machinery, jacks, and other specialized lifting equipment.
Centurion Group has operating locations in Australia, Singapore, Europe, the North Sea and the Gulf of Mexico, providing access to key geographic regions for offshore oil and gas production. The Group will continue to work closely with SCF Partners to expand the coverage of its service offerings, both through organic growth and further acquisitions.
Kieran White, CEO of Centurion, stated “We are excited at the prospect of expanding our global rental company into additional market sectors and product lines going forward. Centurion’s experienced team is well positioned well to do this – we have a great company and a strong group of people and we look forward to building this Group into an Industry leading equipment and service provider.”