News Archive

Thigpen Energy, Recapture Solutions and Flex Leasing Power unite to form TRF Energy Solutions


The Woodlands, Texas (Dec. 9, 2014) - Thigpen Energy, Recapture Solutions and Flex Leasing Power and Service (FLPS) are pleased to announce that they have merged to become TRF Energy Solutions.

Charles Cherington Interview - Fox Business News


Intervale Capital Managing Partner Charles Cherington on oil supply growth and its implications for the United States. Watch Cherington's in-depth interview on Fox Business to learn more about this topic. 

Intervale Capital Announces Investment in American Disposal Services


Houston, TX (November 12, 2014) – Intervale Capital (“Intervale”), an energy-focused private equity firm, announced today that it has acquired a majority stake in American Disposal Services (“ADS” or the “Company”).   The Company was founded in 1993 by J.D.

Tier 1 Energy Solutions acquires Avenger Oil Tools


Edmonton, Alberta (November 10, 2014) – Tier 1 Energy Solutions, Inc.

Intervale Capital Signs Definitive Agreement to Sell Proserv Group Inc. to Riverstone Holdings LLC


Cambridge, Massachusetts (October 23, 2014) – Intervale Capital (“Intervale”), a private equity firm focused on the oilfield services industry, has signed a definitive agreement to sell Proserv Group Inc.

Recapture Solutions Acquires Flex Leasing Power & Service


Houston, TX (October 22, 2014) – Recapture Solutions, LLC (“Recapture”) is pleased to announce it has acquired Flex Leasing Power & Service (“FLPS”). FLPS leases 250kw and 333kW Flex TurbinesTM for remote well-site power generation to the North American oil and gas industry.

Thigpen Energy partners with Intervale Capital and Recapture Solutions


Houston, TX (October 8, 2014) – Thigpen Energy (“Thigpen”) is pleased to announce it has partnered with Intervale Capital (“Intervale”). Intervale will provide growth capital to support Thigpen’s fleet and geographic expansion.

Team Oil Tools Acquires Schlehuber Oil Tools


The Woodlands, TX (October 7, 2014) – Team Oil Tools, Inc. (“Team”) has acquired the assets of Schlehuber Oil Tools, LLC. (“Schlehuber” or “SOT”). Founded in 2005, Schlehuber is a leading downhole tools company servicing the Permian Basin.

Intervale Capital acquires Recapture Solutions, LLC from Triten Corporation


Houston, TX (August 18, 2014) – Intervale Capital (“Intervale”) has acquired Recapture Solutions, LLC (“Recapture”) from Triten Corporation.

Antelope Oil Tool Expands Product Offering with the Acquisition of Advanced Composites


Houston, TX (July 15, 2014) – Antelope Oil Tool & Manufacturing Co., LLC (“Antelope”) has acquired Advanced Composite Standoff SRL and Advanced Composite Systems SRL (“Advanced Composites”).  Led by Dave Levie and Richard Baynham, Advanced Composites is a manufacturer and supplier of composit