Rock Hill Capital Group has completed a majority recapitalization of JP Hydro LLC (JP Services), a provider of industrial integrity testing services along the Gulf Coast and throughout Texas.
JP Services is headquartered in The Woodlands, Texas. The company provides hydrostatic and pneumatic testing, and torqueing and pigging services to its energy and industrial clients throughout the southeastern US. JP Services is primarily focused on servicing three industrial segments – both new and existing pipelines, tanks and facilities.
Debt financing and legal representation for the transaction was provided by Comerica Bank and Winston & Strawn, respectively.