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 owner of the business, along with Greg Hall, Matt Gillis, Ben Friedman and Chase Johnson continuing to serve in management capacities and as new owners.
BCCK is a leading international provider of engineering, procurement, fabrication and field construction services, focusing on midstream oil and natural gas processing applications. The company is known as the preeminent independent provider of Nitrogen Rejection Units, turbo expander cryogenic units, NGL recovery, CO2 removal, helium recovery and oxygen removal, with a strong offering in oil and gas equipment fabrication and balance of plant field construction services.
SCF Co-President, David Baldwin stated, “We are delighted to partner with Clark Butts and the BCCK team. Their expertise in the natural gas processing arena coupled with their patented technologies are parallel to none. This is an exciting time to get exposure to the build-out of natural gas processing capacity across the United States and we look forward to working hand in hand with BCCK to grow the business to the next level.”
Clark Butts, Founder and CEO stated, “We are excited to enter this new phase of expansion for BCCK. SCF provides numerous avenues for accelerated growth ahead. This partnership provides a unique opportunity for BCCK to grow significantly in our supply of technology, fabrication and field construction services for the oil and gas industry.”
Theresa Eaton, Managing Director, SCF Partners stated, “Over the course of the last year we have been fortunate to not only get to know BCCK, but also a number of their customers. I have rarely met a group that speaks as highly of a service provider. We are excited to be associated with a company like BCCK and grow together.”
Founded in 1980 by Clark and Shirley Butts, BCCK is headquartered in Midland, Texas with three operating divisions, Engineering, Fabrication and Construction, numerous patented technologies and approximately 200 employees.