Tag: investment

bp Ventures and EIP co-led the $25 million USD Series C funding round, that will be used to scale up Oxford Flow’s operations.

LPW Group, a Wynnchurch Capital, L.P. portfolio company and the parent company of Penn Machine and Western Flange, announced the acquisition of El Mar Ventures, LLC (and its subsidiaries) and Advanced Industrial Technologies, LLC.

Rotolok Valves, Inc. is dedicated to improving their stainless steel product offerings, both in terms of quantity and quality.

Severn Glocon Group has recently announced a new multi-million pound investment from Blue Water Energy. The deal, which is subject to certain conditions, sees team member Colin Findlay take on the role of new CEO who will lead the implementation of a plan for expansion and who will focus on new product developments.

3P - Performance Plastics Products has announced its investment in developing the Xytrex range of thermoplastics materials, which are widely used in fluid handling systems.

BP Ventures has invested $5 million in Belmont Technology’s Series A financing to further bolster BP’s artificial intelligence (AI) and digital capabilities in its Upstream business.

Pfingsten Partners, L.L.C. announced the acquisition of Quality Valve, Inc., a multi-brand distributor of OEM replacements parts for safety and relief valves, in partnership with the company’s founder, Raymond McCaffrey, III.

Rock Hill Capital Group has announced that it has completed a majority recapitalization of LQC Pipe and Supply, LLC, which is a Houston-based wholesale distribution business providing pipes, valves and fittings to midstream and downstream end-users.

Qatar Petroleum, the world’s biggest seller of liquefied natural gas (LNG), is looking to get even larger, investing USD $20 billion into America’s oil and gas fields when rival U.

Rhode Island-based Clarke Industrial Engineering completed the sale of $10 million of Series B Preferred Stock to a group of investors led by Saudi Aramco Energy Ventures (SAEV).