Black Bay Energy
Black Bay Energy Capital, LLC is a private equity firm based in New Orleans, Louisiana, specializing in investments in the North American oilfield service sector, as well as the broader energy and chemical industries. Founded in 2015, the firm focuses on mid-market companies and typically makes equity investments of up to $30 million, often seeking majority stakes. Black Bay's investment strategy is driven by a commitment to work closely with experienced management teams, leveraging over 60 years of combined industry expertise among its investment professionals. The firm launched its inaugural fund in March 2017, targeting $200 million to support growth in its chosen sectors.
Private Equity Round in 2018
Clean Chemistry is a biotechnology company that specializes in the field of water management and water purification. It develops oxidant chemistries based on activated oxygen in liquid formulations for water treatment, reuse, and recycling, particularly for use in hydraulic fracturing and enhanced oil recovery processes.
The company was incorporated in 2012 and is based in Boulder, Colorado.
Private Equity Round in 2017
SCS Technologies, LLC specializes in custom designing, fabricating, and installing advanced liquid measurement systems for oil and gas production and midstream operators in the Permian Basin. The company offers a range of services, including PLC-based control systems, control panel fabrication, and custody transfer liquid measurements such as LACT units. Additionally, SCS provides mobile meter proving services, electrical infrastructure installation, and comprehensive support for all electrical systems. Their expertise extends to custom panel build-ups, field diagnostics, repairs of metering systems, and hydro excavation services. Founded in 2012 and based in Big Spring, Texas, SCS Technologies caters to both midstream and upstream segments of the oilfield industry.
Private Equity Round in 2017
Downhole Chemical Solutions, LLC (“DCS”) was formed in 2015 with a founding vision of developing a chemical business model that will disrupt the decades-old “status quo” that exists in the oilfield chemical space. With a combination of world-class personnel, proprietary offerings and innovative thinking, DCS aims to remove the inefficiency from the oilfield chemical supply chain and provide enhanced value to its E&P clients. DCS’ suite of proprietary stimulation fluid systems, led by the Slik-Vis™ system, deliver unmatched proppant carrying ability, downhole cleanup and wellbore economics.