Houston, Texas, January, 2020 – SCF is pleased to announce, in partnership with Perth-based Viburnum Funds and ongoing company management, the firm has acquired Contract Resources. Adam Machon, CEO and Managing Director, will continue to serve as CEO and will maintain an ownership position in the business. Contract Resources, headquartered in Sydney, Australia, was founded in 1990 and is a leading...
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SCF Partners Invests in Contract Resources
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Deep Imaging Acquires ESG Solutions, Forming A New Leader in Rock Behavior Insights for Energy and Mining
Combined technologies provide a powerful set of layered diagnostics tools and data analyses for clients to plan and execute their operations. TOMBALL, TX, USA / KINGSTON, ON, CANADA (May 10, 2021): SCF Partners is pleased to announce that Deep Imaging, a subsurface imaging and frac diagnostics company, today announced its acquisition of ESG Solutions (Engineering Seismology Group) forming one of...
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SCF Partners Welcomes Steve Lockard as New Operating Partner
May 24, 2021, Houston, Texas – SCF Partners is pleased to announce that Mr. Steve Lockard has joined SCF as an Operating Partner. Lockard, the former CEO and current Chairman of TPI Composites (“TPI”), joined TPI (NASDAQ:TPIC) in 1999 and led the company’s transformation from a New England based recreational composite boat builder to become the largest independent global wind blade manufacturer.
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SCF’s MPC Kinetic Sells Mining Technology Division
June 1, 2021 Houston, TX: SCF Partners (“SCF”) is pleased to announce the sale of Kinetic Logging Services Pty Ltd, a subsidiary of MPC Kinetic Holdings (“MPCK”), to Epiroc. Kinetic Logging Services provides mining technology measurement services to build improved geological models to help mining companies increase productivity. The business was a key part of a predecessor entity of MPCK...
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Taurus Industrial Group Acquires Amber LP, Expanding its Electrical and Instrumentation Offerings in the Industrial Services Sector
Deer Park, TX – June 2021 – SCF Partners is pleased to announce Taurus Industrial Group has acquired Amber LP, an electrical and instrumentation services provider to the downstream and industrial sectors. Amber boosts Taurus’ capabilities by providing a broader customer base and increased synergies with Taurus’ current engineering, electrical testing, and construction businesses. Ernest “Rocky”...
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Centurion Group Expands its Middle Eastern Footprint with the Acquisition of Specialist Services
June 2021 – SCF Partners (“SCF”) portfolio company Centurion Group (“Centurion”), a global leader in the supply of essential rentals and services to critical industries, announces the acquisition of Specialist Services Group (“Specialist Services”), an innovative provider of modular buildings, production equipment and other technical services. Specialist Services is Centurion’s largest acquisition...
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SCF Partners Announces Investment in Hydrasun, a Global Leader in Fluid and Gas Transfer Solutions for the Oil and Gas, Industrial, and Renewables Sectors
Aberdeen, Scotland – July 2021 – SCF Partners (“SCF”) is pleased to announce its investment in Hydrasun Ltd (“Hydrasun”), a provider of fluid and gas transfer equipment, services, and technology. Bob Drummond, CEO of the company since 2002, and the senior management team will continue to serve in their current roles and will maintain an ownership position in the business. Hydrasun...
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SCF Portfolio Company Select Energy Services Announces the Acquisition of Complete Energy Services, Enhancing its Water Service Offerings and Adding Significant Water Infrastructure
Houston, TX – July 2021 – Select Energy Services, Inc. (NYSE:WTTR) (“Select”) announced that it has acquired Complete Energy Services, Inc. (“Complete”), an operating subsidiary of Superior Energy Services, Inc. (“Superior”). The acquisition will help Select strengthen its geographic footprint, grow its water infrastructure portfolio and further diversify the company’s revenue to be more...
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Variperm Announces the Acquisition of RGL, Creating a Global Leader in Sand and Flow Control Technologies and Solutions
Calgary, Alberta – July 2021 – SCF Partners (“SCF”) is pleased to announce that Variperm Canada Limited (“Variperm”) has acquired RGL Reservoir Management Inc. and its wholly owned subsidiary Pacific Perforating, Inc. (“RGL”). The combined company, operating as Variperm, will be a leader in the sand and flow control space with operations in Canada and the United States.
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Frontier Tubular Solutions Announces the Promotion of Tony Branco to CEO and the Strategic Acquisition of Applied Plastics
Houston, TX – August 2021 – SCF Partners (“SCF”) is pleased to announce the appointment of Tony Branco as CEO of Frontier Tubular Solutions, LLC (“Frontier”). Tony moves to the CEO position from his current role as the President of Permian Enterprises, a division of Frontier. He previously successfully built and sold a tubular services business based in Midland, Texas. SCF is also pleased to...
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Vice President Hugh Sheppard Relocates to Australia, Strengthening SCF’s Presence in the Asia-Pacific Region and Energy Transition Strategy
Adelaide, Australia – August 2021 – SCF Partners is pleased to announce Hugh Sheppard’s relocation to Australia, where he will support existing portfolio companies in the region and identify new investment opportunities in the service and equipment sectors supporting LNG, mining, renewables and other energy sources. Hugh will also continue to remotely support the wider international team in...
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Pipeline Plastics Adds Capacity for Natural Gas Distribution Applications, Expanding Their Utility Offerings and Customers
Westlake, TX – September 2021 – SCF Partners portfolio company Pipeline Plastics (“PLP”), a leading manufacturer of high-performance polyethylene pipe, is excited to announce that they have added medium density polyethylene (MDPE) pipe manufacturing capacity to expand their offerings for natural gas distribution (NGD) applications in the utility sector. Mike Leathers, CEO, adds “Pipeline Plastics’...
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Nine Energy Service Introduces Electric Wireline Units, Significantly Reducing the Carbon Footprint of Operations
Houston, TX – September 2021 – SCF Partners (“SCF”) portfolio company Nine Energy Service (NYSE:NINE) (“Nine”) has introduced an electric wireline unit that allows operators to pursue carbon-reduction objectives while maintaining project efficiencies. Along with lower emissions, e-wireline provides a multitude of advantages over traditional wireline trucks, including delivering four times the...
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Select Energy Services Expands its Leading Water Infrastructure Platform with Acquisition of Agua Libre Midstream and Other Water Assets from Basic Energy Services
Houston, TX – October 2021 – SCF Partners (“SCF”) portfolio company Select Energy Services, Inc. (NYSE: WTTR) (“Select”) has successfully closed on the acquisition of substantially all the assets of Agua Libre Midstream, LLC (“Agua Libre”) and certain water-related assets and operations of Basic Energy Services, L.P. (“Basic”). This acquisition further increases Select’s production related...
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Vertice Oil Tools Expands its Leading-Edge Completions Portfolio with Acquisition of Gryphon Oilfield Solutions’ Assets
Houston, TX – October 27, 2021 – Vertice Oil Tools Inc. (“Vertice”), a leading provider of downhole completions technology, has acquired substantially all the completions assets of Gryphon Oilfield Solutions, LLC (“Gryphon”). This acquisition expands Vertice’s geographic footprint and enhances Vertice’s ability to provide its customers with innovative completions solutions. Mohamed Saraya...
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SCF Ventures Announces Investment in Qube Technologies, a Provider of Continuous Emissions Monitoring Technology
Calgary, Alberta – November 2021 – SCF Ventures (“SCFV”) is pleased to announce its investment in Qube Technologies (“Qube”), a provider of continuous emissions monitoring technology that enables oil and gas operators to better detect, measure, and reduce their methane and other greenhouse gas emissions. Qube, founded in 2018, provides customers with internet-of-things (“IoT”) devices to...
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NESR Partners with SCF Ventures’ Kinetic Pressure Control to Successfully Deploy Blowout Technology in the Middle East and Africa
Abu Dhabi, UAE – November 2021 – SCF Partners portfolio company National Energy Services Reunited Corp. (“NESR”) (NASDAQ:NESR) and SCF Ventures’ Kinetic Pressure Control (“KPC”) announced that they have successfully deployed KPC’s flagship product in the Middle East and Africa. The Kinetic Blowout Stopper (“K-BOS”) is a game-changing safety system that can shear anything (including tools strings...
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SCF Partners Announces Investment In Powerstar, a Global Provider of Power Resiliency and Energy Efficiency Technology
Sheffield, United Kingdom – December 2021 – SCF Partners (“SCF”) is pleased to announce its investment in Powerstar EMSc (UK) Ltd. (“Powerstar”), a leading provider of power resiliency, microgrids, and energy efficiency equipment to customers worldwide. Dr. Alex Mardapittas, Powerstar’s founder and CEO, will continue to serve in his current role as the company enters its next phase of growth.
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SCF Partners Welcomes Tom Burke, Former CEO of Valaris, as Operating Partner
London, England – January 2022 – SCF Partners is pleased to announce that Dr. Tom Burke has joined SCF as an Operating Partner, working from London, England. Before joining SCF, Dr. Burke was a Director, President and Chief Executive Officer of Valaris, the world’s largest offshore drilling contractor. Prior to Valaris, he was Chief Executive Officer and President of LeTourneau...
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Centurion Completes Acquisitions of Polar Septic Systems and Aleron, Adding Technical Capabilities and Greener Services to its Current Offerings
Aberdeen, United Kingdom – January 2022 – Centurion Group (“Centurion”), a global leader in the supply of essential rentals and services to critical industries, has successfully acquired two new companies: Polar Septic Systems and Aleron. The acquisitions help Centurion continue to grow its global footprint, while also adding more technical and greener offerings to its current portfolio.
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