LATEST NEWS

Turning Basin Capital Completes Acquisition of BBB Tank Services

by TurningBasin_WP | Apr 13, 2016 | Acquisitions | 0 Comments

RICHMOND, Va., April 13, 2016 – Turning Basin Capital (“TBC”) announced today that it has completed the acquisition of BBB Tank Services (“BBB”), a provider of maintenance and repair services to the above-ground storage tank (“AST”) market. This acquisition marks TBC’s first acquisition in the vibrant downstream energy infrastructure services sector. Headquartered in Baytown, Texas, BBB’s AST services and products include routine and emergency maintenance and repairs, replacement seals for...

Turning Basin Capital Adds Complementary Midstream Service Company to Portfolio

by TurningBasin_WP | Sep 3, 2015 | Acquisitions | 0 Comments

Starett’s Well Service Joins Existing Portfolio Company, ProActive Services, to Offer Additional Midstream Services RICHMOND, Virginia — September 3, 2015 — Turning Basin Capital (“TBC”) today announces the acquisition of Starett’s Well Service (“SWS”) by its portfolio company Basin Energy Group. Basin Energy was formed by TBC as a holding company focused on acquiring energy-service companies in the Marcellus and Utica shale region. Starett’s is the second acquisition by Basin Energy, joining...

Turning Basin Affiliate Ewing Bemiss & Co. Completes Strategic Transaction with KPMG

by TurningBasin_WP | Aug 20, 2015 | Personnel | 0 Comments

KPMG CORPORATE FINANCE LLC ADDS ENERGY PRACTICE FROM Investment bank Ewing Bemiss & Co. KPMG Corporate Finance LLC Gains Solid Foothold within Energy M&A Sector NEW YORK and RICHMOND, VA, August 15, 2015 – KPMG LLP’s wholly owned subsidiary, KPMG Corporate Finance LLC has added a team of professionals from Ewing Bemiss & Company, a middle market boutique investment bank that provides transaction advisory services to companies in the energy, power and utilities sectors. The Ewing...

Turning Basin Capital Acquires Pipeline Service Company ProActive Services

by TurningBasin_WP | Jul 2, 2014 | Acquisitions | 0 Comments

RICHMOND, Va., July 1, 2014 – Turning Basin Capital, L.L.C. (“TBC”) today announces that is has completed the acquisition of ProActive Services, an energy services company with a focus on the maintenance and operation of midstream oil and gas assets in the Appalachian Basin. The transaction marks the first acquisition since the founding of TBC in April 2013. Headquartered in Salem, W.Va., ProActive provides trained, experienced personnel to operate and maintain pipeline infrastructure on...