Dos Rios Partners
Dos Rios Partners is a private equity firm based in Austin, Texas, with an additional office in Dallas. Founded in 2012, the firm specializes in investing in small, privately held companies within the six-state region of Texas, New Mexico, Arkansas, Colorado, Louisiana, and Oklahoma. Dos Rios focuses on businesses with EBITDA ranging from $2 million to $12 million, emphasizing control and non-control transactions. The firm invests in junior securities, including common, preferred, and mezzanine equity, and seeks to partner with motivated management teams. It does not engage in seed, startup, or turnaround investments, nor does it invest in companies vulnerable to technological obsolescence or in sectors like real estate and project finance. With typical investments ranging from $5 million to $15 million, Dos Rios Partners targets entrepreneur or family-owned businesses, orphan subsidiaries of larger corporations, and small public companies. The firm's strategy includes both majority recapitalizations and add-on acquisitions, aiming to provide tailored financing solutions to underserved small businesses.
Ikan International's reputation is emblematic of the company's mission to "build quality products that creative people want and need at a reasonable price." Founded by CEO Kan Yeung in 2005, Houston, Texas-based Ikan Corp designs, manufactures and distributes a variety of award-winning products used in film, video and photographic production worldwide.
Starting with the introduction of a single on-camera LCD video monitor, the company has kept pace with the ever-accelerating technology curve and, in a number of instances, has been ahead of the curve.
Private Equity Round in 2015
FlexXray LLC, founded in 2003 and based in Arlington, Texas, specializes in providing inspection and recovery services for the North American food manufacturing industry. The company offers a range of services including X-ray food inspection, can inspection, and process recovery, as well as ancillary services such as contaminant removal, check weighing, repackaging, and storage. FlexXray employs proprietary X-ray technology to identify physical contaminants and defects in food products and raw materials, ensuring safety and quality for its clients. Serving a diverse clientele that includes both small food companies and major global brands, FlexXray is recognized as a trusted partner in the food safety sector, helping to ensure compliance with industry regulations.
Universal Wellhead Services, LLC “UWS” was formed April 2010. (UWS provides drilling and completion designs, new and remanufactured wellhead equipment, and service personnel to the oil and gas industry.) Their primary focus is the sale and installation of wellhead equipment, ancillary product lines which include valves, manifolds, frac trees, repair, remanufacture, and field service. Their products are used both in the drilling and completion phases of the oil and gas industry. UWS has in-house machine capabilities which allows us to quickly and efficiently repair existing customer-owned wellheads. They maintain computer-generated inventory programs that enable us to utilize their customers’ inventory while providing them with detailed accurate inventory reports.
Private Equity Round in 2014
WTB LLC dba West Texas Boring Company was founded in 1975 by Bill Harrington who was a pipe inspector and welder for El Paso Natural Gas. Eight years after building a unique boring machine during his free time, Harrington finally struck out on his own at the age of 60. For 22 years, Harrington was continually working to improve technology and procedures to help grow his company. Since the beginning, the company has grown to more than 50 employees and has been run by Harrington’s grandson, Mark Jones since 1997. Starting in the family business at age 23 and buying the company from his grandfather, Jones has continued to introduce improved technologies and maintain the latest equipment available. West Texas Boring continues to provide exceptional horizontal directional drilling services throughout the Permian Basin.
Private Equity Round in 2014
L. F. Manufacturing, Inc. (LFM), headquartered in Giddings, Texas, has been a major manufacturer of fiberglass-reinforced polymer (FRP) structures since 1974. LFM currently has seven manufacturing facilities across the U.S. to service every region in the country.