Hastings Equity Partners to invest in Refractory Construction Services
Published by Alex Hithersay,
Editorial Assistant
Tanks and Terminals,
Hastings Equity Partners, a private equity firm focused on investing in lower, middle-market energy services and equipment companies, has announced its first Fund IV platform investment, Refractory Construction Services Co. (RCS).
Based in Kemah, Texas, US, RCS is a provider of refractory, mechanical and industrial coatings services to refineries, petrochemical plants, LNG facilities and export terminals across the Gulf Coast.
Locke Lord LLP provided legal counsel to Hastings and Cadence Bank provided financing support for the transaction.
Read the article online at: https://www.tanksterminals.com/terminals/14112018/hastings-equity-partners-to-invest-in-refractory-construction-services/
You might also like
Hydrocarbon Engineering Podcast
Peter Davidson, CEO of the Tank Storage Association (TSA), joins us to discuss the essential role that the tank storage sector has to play in ensuring supply security and resilience, as well as in facilitating the energy transition.
Oman: TotalEnergies and OQEP break ground at Marsa LNG
The 1 million tpy liquefaction plant is being built by Marsa LNG LLC, a joint company between TotalEnergies (80%) and OQEP (20%).