Pine Brook
Pine Brook Road Partners, LLC is a private equity and venture capital firm established in 2006, headquartered in New York, with an additional office in Houston. The firm specializes in early-stage and growth capital investments, primarily focusing on the energy and financial services sectors. In the energy sector, Pine Brook invests in oil and natural gas exploration and production, oilfield services, and renewable energy, including nuclear and hydroelectric power generation. In financial services, the firm targets fintech, commercial banking, specialty insurance, and reinsurance, with particular attention to cyclical opportunities arising from market constraints. Pine Brook typically commits equity capital ranging from $100 million to $500 million and prefers to take majority stakes in its investments. The firm aims to support the internal growth, acquisitions, and product development of newly-formed or established businesses, with a global investment strategy that emphasizes capital-intensive industries, particularly in the Alberta region.
Private Equity Round in 2013
Saguaro Resources Ltd. is a private oil and gas company based in Calgary, Canada, founded in 2012. The company specializes in the exploration, acquisition, and development of unconventional light oil and liquids-rich natural gas resources, particularly within the Western Canadian Sedimentary Basin. Saguaro Resources operates drilling wells and manages oil reserves, focusing on maximizing the potential of tight oil and gas plays in the region. Through its activities, the company aims to contribute to the energy sector by leveraging its expertise in unconventional resource development.