Empeiria Capital Partners LLC, a New York-based private equity firm, says that its affiliate, Tank Partners Holdings LLC, has completed the acquisitions of JL Bryan Equipment & Lease Services Inc. and Tank Partners LLC.
Based in Perryton, Texas, JL Bryan manufactures and distributes a comprehensive range of storage tanks and pressure vessels used to separate and store oil and water at oil and gas wellheads. It provides the equipment to oil and gas companies globally with a primary focus on the Mid-Continent region in the US.
Both companies will continue to be managed by their existing senior executives, who have become investors in the new platform.
Miller, Egan, Molter & Nelson LLP acted as legal advisor to Empeiria.