Hastings Equity Partners

Hastings Equity Partners is a private equity firm established in 2002, with offices in Houston and Boston. The firm specializes in investing in lower middle-market businesses within the energy sector. Hastings focuses on leveraging the extensive operational experience of its managers and investors, many of whom have held leadership positions in Fortune 1000 companies. This expertise allows Hastings to identify and implement best practices across its growing portfolio of oilfield services companies. The firm's collaborative approach facilitates the sharing of technology trends and industry contacts, ensuring that all its investments are well-supported and positioned for success.

Kathryn Cantlon

VP

Joseph Conlon

MD

Braden Eddy

Senior Associate, Business Development

Devon Hill

Associate

Joseph Kasbaum

Senior Associate

Barrett Lauer

Associate, Business Development

Chris Martin

VP, Portfolio Management

Ben Matthews

Associate, Business Development

Tanner Moran

MD, Business Development

Amir Parikh

Associate

Ted Patton

MD

Grant Reckhow

Principal

Lauren Roberge

VP and Portfolio Management team

Marco Rodriguez

VP, Portfolio Management

Katrina Starr-Frederick

CFO

26 past transactions

Impact! Chemical Technologies

Merger/Acquisition in 2016
IMPACT! is a leading provider of specialty chemicals to oil and gas production and midstream companies across the most active shale plays in the United States. Formed in 2010, IMPACT! offers a full service, state-of-the-art laboratory with chemical engineers, expert chemists and technicians equipped to identify and solve production problems in multiple locations.

FloCap Injection Services

Private Equity Round in 2017
FloCap Injection Services is a provider of specialty chemicals and capillary tubing services to oil and gas production companies.

A & L Industrial Services, Inc.

Private Placement in 2019
A & L Industrial Services, Inc. provides industrial sandblasting, painting, scaffolding, and insulation services in the United States. The company’s industrial services include access solutions, thermal protection, industrial coatings, and abrasive blasting services. It serves midstream oil and gas; downstream oil and gas; energy and power; and construction industries. The company was founded in 1985 and is based in Deer Park, Texas. It has additional offices in Corpus Christi and Nederland, Texas. As of June 18, 2020, A & L Industrial Services, Inc. operates as a subsidiary of AXIOS Industrial Group, LLC.

Hybrid Tool Solutions

Merger/Acquisition in 2015
Hybrid Tool Solutions, LLC provides Hybrid Tool, an apparatus for frac plug drill out procedure that is used in the oil and gas industry. The company is based in Lindsay, Oklahoma.

Marport Deep Sea Technologies

Private Equity Round in 2011
Marport Deep Sea Technologies Inc. engages in the design and development of software defined sonar technology and products for various underwater sensing and communication applications. The company offers wireless sensors, sounders, sonars, Doppler current and sub bottom profilers, acoustic monitoring devices, underwater modems, subsea positioning systems, autonomous underwater vehicles/payloads, and visualization software. It also provides trawl monitoring sensors, panel PCs, variable depth sonars, harbor surveillance sonars, underwater navigation systems, SDS transceivers, pelagic trawlers/purse seiners, hull mounted sonars, and ocean going tuna seiners. The company serves commercial fisheries, underwater defense, offshore energy, and ocean science markets. It offers products through dealers in Africa, the Asia-Pacific, Europe, New Zealand, North America, and South America. The company was founded in 1996 and is based in Saint John's, Canada.

Refractory Construction Services

Private Equity Round in 2018
Refractory Construction Services, Co LLC offers refractory services. The company provides various services, including, welding, fabrication, piping, acid proofing, fireproofing, structural concrete, industrial coatings, and packaged services. The company was founded in 2007 and is headquartered in Nederland, Texas.

R.L. Drake, LLC

Private Equity Round in 2006
R.L. Drake, LLC engages in the design, development, manufacture, marketing, and sale of electronic communications solutions.

SPL

Private Equity Round in 2014
Founded in Carthage, Texas, in 1944, SPL is considered one of the world’s most credible sources of unbiased third-party hydrocarbon insights. Keeping our focus centered on the core values of safety, integrity, innovation and service upon which our business was founded, we support operators with everything from accurate meter calibration and reporting to allocation production and data management. And with expert laboratory personnel and field services teams at 15 strategic locations nationwide, we can ensure the quantity and quality of oil and gas assets at any scale. For more than 70 years, SPL has brought innovation and objective thought leadership to its fields—all with an unfettered commitment to getting it right for our customers.

Reach Wireline

Private Equity Round in 2017
Reach Wireline, LLC provides cased hole wireline and pumpdown services to oil exploration and production companies in the Permian, Mid-Continent, and Marcellus regions. Its cased hole wireline services include radial cement bond logging, gamma ray/gamma gun logging, conventional perforating, junk basket/gauge ring/depth determination, dump bailer, and coil tubing. The company's pumpdown services include cerberus modeling, prejob checklists, daily reports, and post job performance KPI review. The company was founded in 2017 and is based in Fort Worth, Texas.

MKD Electric

Private Equity Round in 2021
MKD Electric is a construction firm specializing in industrial electrical contracting, instrumentation and control systems integration.

Refractory Construction Services

Private Placement in 2018
Refractory Construction Services, Co LLC offers refractory services. The company provides various services, including, welding, fabrication, piping, acid proofing, fireproofing, structural concrete, industrial coatings, and packaged services. The company was founded in 2007 and is headquartered in Nederland, Texas.

Cactus Fuel

Acquisition in 2016
Based in Midland, Texas, Cactus Fuel is a value-added distributor of fuel and lubricants to upstream and midstream customers throughout the Permian Basin. Founded in 2012, Cactus Fuel is recognized as a market leader in the most active shale play in the U.S. and the firm utilizes advanced technology to ensure best-in-class service for all of its customers.

Extreme Plastics Plus

Private Equity Round in 2013
Mustang Extreme Environmental Services delivers environmental solutions. It offers solutions for complex in-ground lining systems, above-ground storage tanks, secondary containment, composite ground matting, and a full array of general contracting services related to water storage. Mustang Extreme was formed in 2011 with the merger of Extreme Plastics Plus which was founded in 2007, Mustang Energy Services, and the acquisition of Aria Rose Oilfield Solutions in 2019. Mustang Extreme is part of the Blue Wolf Capital Partners portfolio.

Cactus Fuel, LLC

Merger/Acquisition in 2016
Cactus Fuel, LLC distributes fuel and lubricants to upstream and midstream customers. The company was founded in 2012 and is based in Midland, Texas.

Impact! Chemical Technologies

Acquisition in 2016
IMPACT! is a leading provider of specialty chemicals to oil and gas production and midstream companies across the most active shale plays in the United States. Formed in 2010, IMPACT! offers a full service, state-of-the-art laboratory with chemical engineers, expert chemists and technicians equipped to identify and solve production problems in multiple locations.

A&L Industries Services

Private Equity Round in 2019
A&L is a leading provider of scaffolding, insulation and industrial coating to refineries, petrochemical plants and liquified natural gas facilities across the Gulf Coast. A&L is headquartered in Deer Park, Texas, and has offices in Nederland and Corpus Christi.
Specialty Welding and Turnarounds, LLC provides installation, repairs, and furnaces and boilers erections for petrochemical, chemical, and refining companies. It handles planned and unplanned turnarounds; subcontractor management and coordination; FCCU, cokers, gas, plants, crudes, ammonia, and power plant turnarounds; specialty welding and piping; and piping fabrication and installations. The company was founded in 2014 and is headquartered in Gonzales, Louisiana.

Specialty Welding and Turnarounds, LLC

Merger/Acquisition in 2017
Specialty Welding and Turnarounds, LLC provides installation, repairs, and furnaces and boilers erections for petrochemical, chemical, and refining companies. It handles planned and unplanned turnarounds; subcontractor management and coordination; FCCU, cokers, gas, plants, crudes, ammonia, and power plant turnarounds; specialty welding and piping; and piping fabrication and installations. The company was founded in 2014 and is headquartered in Gonzales, Louisiana.

Celerity Consulting Group

Private Equity Round in 2021
Celerity Consulting Group is an information services company providing litigation, restructuring, and compliance services.

Hybrid Tool Solutions

Acquisition in 2015
Hybrid Tool Solutions, LLC provides Hybrid Tool, an apparatus for frac plug drill out procedure that is used in the oil and gas industry. The company is based in Lindsay, Oklahoma.