Portfolio Companies | Current Companies
Headquartered in a 200,000 square foot facility on the Houston Ship Channel, BTEC Turbines LP (BTEC) specializes in the refurbishment, repair and packaging of large gas turbines as well as turnkey power plant design, construction, commissioning and support ("EPC"). BTEC has worked on numerous projects, including fast track EPC projects rebuilding the power infrastructure in Iraq. BTEC currently owns an inventory of GE Frame 7EA and 7E turbines which it can install on a fast track, turnkey basis. The BTEC investment is held in Fund II.
CST Industries, Inc. (CST) is a leading global manufacturer and erector of factory coated metal storage tanks. The company's comprehensive product offering includes bolted and factory welded tanks for use in a wide variety of applications, aluminum geodesic domes, and agricultural feed and waste storage systems. CST serves numerous end markets including water, wastewater, fire protection, oilfield, agriculture, industrial liquid, plastics, chemicals, minerals, food, construction materials and energy. CST's manufacturing facilities are located in Parsons, Kansas; DeKalb, Illinois; Winchester, Tennessee; and the United Kingdom. The CST investment is held in Fund II.
Hudson Product Holdings Inc. (Hudson) is one of the world's leading heat transfer solutions firms providing air-cooled heat exchangers and axial-flow fans to some of the largest processors in the petroleum, natural gas, power generation, petrochemical and chemical industries. Hudson's manufacturing facilities are located in Beasley, Texas; Tulsa, Oklahoma; Pombia, Italy; and Monterrey, Mexico. The Hudson investment is held in Fund II.
North American Energy Partners (NAEP), acquired in 2003, is engaged in heavy civil construction projects throughout western and northern Canada. These projects include mining, piling, earthworks, pipelines, and underground utilities. NAEP is the largest provider of such services to the oil sands projects in western Canada. NAEP completed an initial public offering in November 2006 and trades on the NYSE under the symbol NOA. This investment is held in Fund I.
Panolam Industries is a market leader and innovator in the decorative laminate industry. The company's products, which are marketed under the widely recognized Panolam and Pionite brand names, are used in a wide variety of residential and commercial indoor surfacing applications, including kitchen and bath cabinets, furniture, store fixtures, case goods, and other applications. High pressure laminates are utilized as durable and economical alternatives for natural surfacing materials such as wood, stone and ceramic. As a vertically integrated manufacturer, Panolam produces decorative surfaces that offer quality, variety and flexibility to customers worldwide. The Panolam investment is held in Fund II.
The world's largest independent producer of primary and secondary carpet backing, Propex (acquired from British Petroleum in 2004; formerly known as Amoco Fabrics and Fibers) is also a leading manufacturer and marketer of other polypropylene based synthetic fabrics used in a variety of industrial applications. The Propex investment is held in Fund I.
Roofing Supply Group (RSG) is one of the largest wholesale distributors of roofing supplies and related materials in the United States. Through its network of 57 branches in 22 states, RSG provides one-step distribution services from the roofing product manufacturers to roofing contractors, home builders, retailers, and other end users. The RSG investment is held in Fund II.
Universal Fiber Systems, LLC (UFS), headquartered in Bristol, VA, is a leading niche manufacturer of high-performance, specialty synthetic fibers for niche segments of the commercial carpet, transportation carpet, and specialty textile industries. UFS acts as a strategic partner to its blue-chip customer base of leading commercial carpet manufacturers, Tier 1 automotive suppliers, and value-added textile manufacturers by supplying specialty yarn synthesized from nylon, polyester, and specialty polymers needed to produce a diverse range of unique end-products. The UFS investment is held in Fund II.