News Archive

Charles Cherington on CNBC Squawk Box


Charles Cherington discusses how Intervale Capital is able to capitalize on the booming energy revolution in the U.S. Watch his interview on CNBC Squawk Box to hear all the details.

Charles Cherington Interview on CNBC


Intervale Capital Managing Partner, Charles Cherington, discusses the future of fracking in the oil and gas industry on CNBC. According to Cherington, fracking is here to stay and will be a large job creater. 

Team’s ORIO™ XL Frac Sleeve Technology Winner of The 2014 E&P Meritorious Award for Engineering Innovation


The Woodlands, TX (April 15, 2014) – E&P Magazine recently announced Team Oil Tools as a winner of its prestigious Meritorious Engineering Award for 2014.

Intervale Capital Targets Oilfield Services


Don Stowers, Chief Editor of Oil & Gas Financial Journal interviews Intervale Capital Managing Partner, Charles Cherington about his experiences in oilfield services.

Antelope Oil Tool Expands Cementing Equipment Product Offering with the Acquisition of CTE


Mineral Wells, TX (April 3, 2014) – Antelope Oil Tool & Manufacturing Co., LLC (“Antelope”)            has acquired CTE Industries LTD.  (“CTE”).  Headquartered in Edmonton, AB, CTE was founded in 2006, and is an independent manufacturer and supplier of oilfield cementation equipment.  Its pr

Intervale Capital Raises $495 Million Fund in First and Final Close Bringing Cumulative Funds Raised to $1.2 Billion

Fund III Continues Exclusive Focus on the Energy Industry


 (February 25, 2014) – Intervale Capital (“Intervale”), an energy-focused private equity firm with offices in Cambridge, Massachusetts and Houston, Texas, today announced the closing of Intervale Capital Fund III, L.P. ("Fund III").

Intervale Capital Announces the Formation of Energes Oilfield Solutions


Houston, TX (February 18, 2014) – Intervale Capital (“Intervale”), an energy-focused private equity firm, has capitalized a new platform company called Energes Oilfield Solutions (“Energes” or the “Company”).  The Company’s growing service suite includes flowback and well-testing, H2S monitoring

Proserv completes acquisition of KRG Industries Ltd.


 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


 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


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.