First Reserve
First Reserve, established in 1983, is a global private equity firm headquartered in Stamford, Connecticut. With over $32 billion raised and 40 years of industry expertise, the firm specializes in investing in the energy sector, focusing on energy-related manufacturing, services, reserves, renewables, and infrastructure. First Reserve's investment strategy spans across North America, Central Asia, and China, targeting companies with enterprise values ranging from $300 million to $4 billion. The firm aims to create value through operational improvements, add-on acquisitions, and strategic repositioning, ultimately generating returns for its investors.
Top Stages
Past deals in Oilfield Services
Lamons
Acquisition in 2019
Lamons is a manufacturer in the oil and energy sector, focusing on industrial sealing solutions for the petroleum refining, petrochemical, and oil field markets. The company specializes in producing gaskets, fasteners, hose assemblies, and specialty bolts, all of which are designed to meet the needs of mission-critical applications. Lamons ensures that its products are readily available for immediate delivery, providing clients with efficient access to essential equipment. Through its commitment to quality and reliability, Lamons plays a vital role in supporting the operational demands of the energy industry.
Lucero Energy
Post in 2018
Lucero Energy is an independent oil company that specializes in the acquisition, development, and production of oil-weighted assets in the Bakken and Three Forks formations located in the Williston Basin of North Dakota. The company is engaged in consolidating interests in these formations, focusing on enhancing its operational efficiency and maximizing resource extraction. Through its strategic initiatives, Lucero Energy aims to capitalize on the rich hydrocarbon potential of the region, positioning itself as a significant player in the North Dakota oil industry.
Lucero Energy
Post in 2018
Lucero Energy is an independent oil company that specializes in the acquisition, development, and production of oil-weighted assets in the Bakken and Three Forks formations located in the Williston Basin of North Dakota. The company is engaged in consolidating interests in these formations, focusing on enhancing its operational efficiency and maximizing resource extraction. Through its strategic initiatives, Lucero Energy aims to capitalize on the rich hydrocarbon potential of the region, positioning itself as a significant player in the North Dakota oil industry.
EMS USA - The Integrity Maintenance Platform
Acquisition in 2017
EMS USA is an integrated solution provider for all pipeline and facility maintenance, integrity, measurement and automation services.
Applied-Cleveland
Acquisition in 2016
Applied-Cleveland Holdings, Inc. provides third party inspection services for the maintenance of oil and natural gas transmission, distribution, midstream and gathering lines, and other critical infrastructure. Other infrastructure includes refinery, power plant, compressor and pump stations, and mechanical integrity projects. A-C also offers complementary, specialized nondestructive and qualification services across the entire spectrum of the industry.
TNT Crane & Rigging
Acquisition in 2013
TNT Crane & Rigging, Inc. is a provider of hydraulic truck cranes and lifting services based in Houston, Texas. Established in 1985, the company serves various sectors including oil and gas, refining, petrochemical, power, construction, and industrial markets across the United States. Its services encompass rigging, transportation, and specialized lifting solutions, including wind farm construction and maintenance, and the erection and installation of commercial machinery. TNT Crane & Rigging focuses on delivering unique solutions to complex challenges, utilizing equipment such as cranes, gantry jacks, forklifts, and trailers.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.