Pine Brook, established in 2006, is a New York-based private equity firm that invests in early to growth-stage companies, primarily in the energy and financial services sectors. It focuses on oil and natural gas exploration, power generation, fintech, and other financial services, typically committing between $100 million to $500 million per investment. Pine Brook seeks majority stakes and prefers to invest globally, with a focus on the Alberta region.
Managing Director and Partner, Financial Services Investment Team and Investment Committee Member
Connor Johns
Vice President, Energy Investment Team
Howard H. Newman
Managing Partner
Gabriel Reyes
Associate, Financial Services and Energy
Keely Shearer
Associate
Cody Sheedy
Associate, Financial Services and Energy
Bharath Srikrishnan
Managing Director
Stukov, Elan
CFO and CCO
Past deals in Oilfield Services
GR Energy Services
Private Equity Round in 2021
GR Energy Services, LLC specializes in providing wire line logging and perforating services to oil and gas companies operating in key U.S. basins, including the Anadarko, Barnett, Eagle Ford, Marcellus, Utica, and Permian. The company offers a range of logging services such as casing collar locator, cement bond logging, and multi-finger caliper, alongside perforating services including wire line and tubing conveyed perforating. Additionally, GR Energy Services delivers mechanical services that encompass various tools and operations like chemical cutters and wire line fishing. Based in Sugar Land, Texas, the company has operational locations in Martin's Ferry, Ohio, and various cities in Texas, including Midland and Pleasanton. Its focus on production solutions also extends to gas lift services and water management, aiming to enhance operational efficiency and reduce costs for its clients in the oil and gas sector.
Ancova Energy
Private Equity Round in 2020
Ancova Energy specializes in energy marketing and midstream services, catering to oil exploration and production companies. The firm offers a range of services, including commercial consulting, production management, and financial and risk management. Ancova Energy focuses on delivering transparent, fee-based marketing solutions for natural gas, crude oil, and natural gas liquids (NGLs). By addressing customer inquiries through various channels such as phone, email, and online applications, the company aims to support clients in implementing tailored midstream infrastructure plans that align with their development requirements.
ATX Energy Partners
Private Equity Round in 2017
ATX Energy Partners is a privately held oil and gas company based in Austin, Texas, specializing in the exploration and development of unconventional, liquids-rich resource plays. Founded by the management team from Brigham Resources after its significant asset sale in 2017, ATX leverages advanced technologies to identify and evaluate resource opportunities primarily in the U.S. Lower 48. The team's expertise includes the identification, acquisition, and development of early-stage domestic resource plays, with a historical focus on frontier opportunities that have not undergone extensive horizontal drilling. ATX is also considering partially delineated prospects that could benefit from optimized drilling and completion techniques. The company is eyeing potential projects in the Permian and Williston Basins, as well as selected areas in the Rockies, reflecting the management team's prior successes in these regions.
Admiral Permian Resources
Private Equity Round in 2017
Admiral Permian Resources is a privately held exploration and production company dedicated to acquiring and developing oil and gas properties in the Permian Basin, particularly in Northwest Reeves and Northeast Culberson Counties, Texas. The company's strategy emphasizes the use of advanced technologies to discover and enhance oil-rich resource properties. With a management team that possesses extensive experience in the oil and gas sector, primarily within the Permian Basin, Admiral aims to maximize value through its operations. The company is headquartered in Midland, Texas, and has an additional office in Austin, Texas.
Accelerate Resources Holdings
Private Equity Round in 2016
Accelerate Resources Holdings, LLC is an oil and gas exploration and production company based in Dallas, Texas. Founded in 2016, the company specializes in acquiring non-operated working interest positions in various prolific U.S. regions, including the Eagle Ford Shale, Bakken Shale, Mid-Continent, and Permian Basin.
Cahill Services
Private Equity Round in 2015
Cahill Services is a Houston-based company that specializes in providing rental services to the oil and gas, refining, industrial, petrochemical, and utility sectors. The company focuses on industries that demand a high level of technical expertise and understanding of customer requirements. The management team, comprising George Walker, Derek Foster, Keith Sanner, and Dennis Haller, brings over 100 years of combined experience in the specialty rental industry. Cahill Services is supported by a substantial equity line, enabling it to effectively meet the diverse needs of its clients in these complex sectors.
Elevation Resources
Private Equity Round in 2013
Elevation Resources LLC is engaged in the acquisition and development of unconventional oil and natural gas resources primarily in the Permian Basin. Founded in 2013 and based in Midland, Texas, the company specializes in developing both acquired and leased acreage across various regions, including the Southern Midland Basin and the Southern and Northern Delaware Basins. Elevation Resources offers services related to oil and gas property acquisition, leasing, exploration, and the implementation of multi-stage hydraulic fracturing techniques. The company aims to capitalize on horizontal drilling opportunities to optimize resource extraction in conventional and unconventional reservoirs.
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