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News Archive

Proserv completes acquisition of KRG Industries Ltd.

02/13/2014

 Aberdeen, Scotland (February 13, 2014) – Proserv Group Inc. (“Proserv”), a global energy production technology services company, has acquired KRG Industries Ltd. (“KRG”).

Intervale Capital Backs Tier 1 Energy Solutions

02/04/2014

 Edmonton, Alberta (February 4, 2014) – Intervale Capital (“Intervale”), an energy-focused private equity firm, has invested alongside a veteran management team to form Tier 1 Energy Solutions, Inc.

Intervale Capital Promotes Tuan Tran to Principal

12/10/2013

Cambridge, Massachusetts (December 11, 2013) – Intervale Capital (“Intervale”), an energy-focused private equity firm, is pleased to announce the promotion of Tuan Tran to Principal.  In this new role, Tuan will focus on transaction sourcing and execution and portfolio company oversight.

Antelope Oil Tool acquires WearSox

11/04/2013

Houston, TX (November 4, 2013) – Antelope Oil Tool & Manufacturing Co., LLC (“Antelope”) has acquired WearSox, L.P.

TEAM Oil Tools Introduces ORIO XL™ Frac Sleeve for Horizontal Completions

10/04/2013

The Woodlands, TX (Oct. 1, 2013) – TEAM Oil Tools, Inc. announced today that it has developed the ORIO XL™, a ball activated frac sleeve utilized in multi-stage completions.

Team Oil Tools Acquires Chancellor Oil Tool

09/05/2013

The Woodlands, TX (September 5, 2013) – Team Oil Tools, Inc. (“Team”) has acquired Chancellor Oil Tool, Inc. (“Chancellor”). Founded in 1960, Chancellor is a pioneer in the development and commercialization of liner hangers, cement heads and running tools for the oil and gas industry.

Intervale Capital Hires Jason Turowsky

07/22/2013

Cambridge, Massachusetts (July 22, 2013) – Intervale Capital (“Intervale”), an energy-focused private equity firm, has hired Jason Turowsky as a Vice President.  Jason brings ten years of private equity investing experience to Intervale.

Intervale Capital Acquires Milam Tool Company and K&M Machine Works

07/08/2013

Cambridge, MA (July 8, 2013) – Intervale Capital (“Intervale”) has acquired Milam Tool Company (“Milam”).  Founded over 27 years ago, Milam is a pioneer in the development and commercialization of solid-body centralizers for horizontal well applications.

Intervale Capital Acquires Antelope Oil Tool

06/19/2013

Mineral Wells, TX (June 19, 2013) - Intervale Capital (“Intervale”) has acquired Antelope Oil Tool & Manufacturing Company.  Antelope is a leading manufacturer of oilfield casing and cementing products, including centralizers and stop collars, for onshore and deep water applications globally.

Intervale Capital Backs Certus Energy Solutions

03/11/2013

Houston, TX (March 11, 2013) – Intervale Capital (“Intervale”), an energy-focused private equity firm, has partnered with a management team to form Certus Energy Solutions, LLC (“Certus”).  Certus is focused on providing premium oil country tubular goods (“OCTG”) and other downhole products, and

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