First Reserve-based Tri-Point makes acquisitions

Tri-Point LLC, a portfolio company of First Reserve, a private equity and infrastructure investment firm exclusively focused on energy, has acquired three companies that specialize in oil and gas production and processing equipment and associated services.

The company has acquired the following companies:

  • Brighton, Colorado-based Leed Fabrication Services—a manufacturer of wellhead production equipment and emission control devices and provider of complementary field services and technical support;
  • Kountze, Texas-based Streamline Production Systems—a provider of engineered solutions for production and related equipment, including custom production equipment solutions and fully engineered modular production systems; and
  • Elk City, Oklahoma-based Superior Fabrication—a manufacturer of oil and gas production and processing equipment for upstream, midstream and downstream customers.

Each company brings strong market positions within their respective regions or customer base, providing Tri-Point with access to some of the most prolific shale plays in the US including the Anadarko, DJ, Permian and Eagle Ford Basins. Tri-Point brings together high-performing, complementary products and services with national-scale infrastructure, centered on oil and gas production and process equipment and services.

Financial details of the transactions were not disclosed.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...