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Intervale Capital Closes Second Fund at $376 Million

09/10/2012

Intervale Capital, LLC ("Intervale") today announced the final closing of its second fund with capital commitments of $376 million. Intervale Capital Fund II, L.P.

Intervale Capital Sells Ulterra Drilling Technologies to ESCO Corporation

08/14/2012

Cambridge, MA  – Intervale Capital, a private equity firm focused on the oilfield services industry, has sold Ulterra Drilling Technologies, L.P. (“Ulterra” or the “Company”) to ESCO Corporation for $325 million in cash, subject to customary closing adjustments.

Intervale Capital Exits Casedhole Solutions

06/07/2012

Cambridge, MA – Intervale Capital, a private equity firm focused on the oilfield services industry, has sold Casedhole Solutions Inc. (“Casedhole”) to C&J Energy Services, Inc.

Proserv Acquires the Subsea Controls Business of Weatherford International

05/10/2012

Aberdeen, Scotland - Proserv Group Inc., a leading global energy production technology services company headquartered in Aberdeen, Scotland, has acquired the subsea controls business of Weatherford International.

Intervale Capital Invests in Allied Oil & Gas Services

02/01/2012

Fort Worth, TX - Allied Oil & Gas Services, a cementing and acidizing business headquartered in Fort Worth, Texas, has been acquired by Intervale Capital, a private equity firm focused on investments in middle-market oilfield services companies.

Combination of Proserv Group and Galathea Group Completed

10/12/2011

Aberdeen, Scotland – Proserv Group AS and Galathea Group Inc. have combined to form Proserv Group Inc. (“Proserv” or “the Company”).

Intervale Capital Promotes Erich Horsley to Partner

10/12/2011

Cambridge, MA – Intervale Capital (“Intervale”), an energy-focused middle-market private equity firm, announces the promotion of Erich Horsley to Partner.

Tejas Completion Solutions Acquires Seven Strategic Field Service Locations

09/21/2009

The Woodlands, TX - Tejas Completion Solutions ("Tejas") today announced that it has acquired seven field service operations previously affiliated with Team Oil Tools (“Team”) in a transaction sponsored by Intervale Capital ("Intervale").Tejas had acquired the manufacturing business of Team in a

Soane Energy Secures First Round of Institutional Financing

09/14/2009

Chevron Technology Ventures Joins Lead Investor Intervale Capital to Fund Development of Oil and Gas Technologies that Address the Worldwide “Hunger for Energy”

Proserv Group Strengthens Capital Structure To Promote Growth

09/01/2009

The Norwegian-based Proserv Group AS has recently taken on a significant new investor, Intervale Capital, a US-based private equity fund which invests exclusively in oilfield services companies.  In conjunction with the Intervale transaction, the company has also raised equity of 120mm NOK (appro

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