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Turning Basin Capital Acquires Liberty Tower & Flare
RICHMOND, Va., April 10, 2019 – Turning Basin Capital Partners, L.L.C. (“TBC”) today announces that is has completed the acquisition of Liberty Tower & Flare (“Liberty”), a services company with a focus on the maintenance and installation of flare systems and flare towers located in industrial facilities, refineries and midstream terminals. The transaction marks the seventh acquisition for TBC since June 2014. Headquartered in Bacliff, Texas, Liberty has been providing trained,...
ShalePro Energy Services, LLC Hires New CEO
Canonsburg, PA., February 15, 2022 - ShalePro Energy Services, LLC ("ShalePro"), a portfolio company of Turning Basin Capital, announces the appointment of John Snedden as Chief Executive Officer effective February 14, 2022. John brings 36 years of management experience in the oil and gas industry to ShalePro. As CEO, John will lead the company’s growth strategy and oversee all operational and financial functions. Prior to joining ShalePro, John served as Senior VP for Keystone Clearwater...
Turning Basin Capital Completes Investment In Pinnacle Manufacturing, LLC
RICHMOND, Va, February 14, 2018 – Turning Basin Capital (“TBC”) announced today that it has completed an investment in Pinnacle Manufacturing, LLC, based in Boaz, Ala.. TBC, along with its co-investor, Vigeo Investments, a private family office based in Denver, are partnering with Pinnacle’s management team to facilitate strategic growth plans. Pinnacle manufactures and refurbishes tanks and containers used for the storage, transportation and disposal of hazardous and non-hazardous solids and...
Turning Basin Capital portfolio company, Basin Energy Group, adds Katko LTD. to its family of energy services companies
RICHMOND, Va. November 6, 2017 – Turning Basin Capital (“TBC”) announced today that its portfolio company, Basin Energy Group (“Basin”), has completed a merger with Katko, LTD. (“Katko”). Katko joins current Basin operating companies, ProActive Services, Appalachian Production Services and Starett Energy Services, to provide complementary production and midstream services for the natural gas and oil industry in the Ohio, West Virginia and Pennsylvania. Headquartered in Carmichaels, Penn.,...
Turning Basin Capital Adds Appalachian Production Services to its Family of Energy Service Companies
RICHMOND, Va. January 4, 2017 – Turning Basin Capital (“TBC”) announced today that its portfolio company, Basin Energy Group (“Basin”), has completed a merger with Appalachian Production Services, Inc. (“APS”). APS joins current Basin operating companies, ProActive Services and Starett Energy Services, to provide complementary production and midstream services for the natural gas and oil industry in the Appalachian Basin. Headquartered in Abingdon, Va., APS has been an industry-leading...
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