Growth Capital Partners, L.P. Announces the Recapitalization of Sunrise Oilfield Supply, Inc.
Houston, TX (September 2008) – Growth
Capital Partners, L.P. (“GCP”), a
Houston-based investment and merchant banking
firm, today announced that Sunrise Oilfield Supply,
Inc. has executed a majority recapitalization
with Wingate Partners. This transaction
complements GCP’s Energy Team as well as
strengthens its resume of energy services advisory
work, and GCP’s continued focus on the
private equity marketplace for middle-market
companies. GCP served as exclusive financial
advisor to Sunrise Oilfield Supply. The terms
of the transaction were undisclosed.
About Sunrise Oilfield Supply, Inc.
Sunrise Oilfield Supply (www.sunriseoilfieldsupply.com),
headquartered in Wichita, Kansas, is a full-service
oilfield supply company servicing the oil and
gas industries in Kansas, southern Nebraska and
other areas in the Mid-Continent region. Sunrise
distributes more than 10,000 items from more
than 50 manufactures through six strategically
located supply centers.
About Wingate Partners
Wingate Partners, is a Dallas-based private equity
firm founded in 1987 to purchase controlling
equity interests in manufacturing, distribution
and service businesses, where there is opportunity
to create substantial equity through superior
operational and strategic execution.
About Growth Capital Partners, L.P.
Founded in 1992, GCP (www.growth-capital.com)
is an investment and merchant banking firm that
provides financial advisory services to both
private and public middle-market companies, with
a specialty practice devoted specifically to
the energy industry. GCP also focuses extensively
on the private equity marketplace. Since
its inception, GCP has completed in excess of
250 transactions, raised more than $1 billion
of institutional capital (through private placements
of equity, subordinated, and senior debt), and
completed M&A transactions with an aggregate
value in excess of $4 billion.
For additional information, please contact:
Growth Capital Partners, L.P.
Shawn Walsh
214-303-1177
swalsh@growth-capital.com
Source: Growth Capital Partners, L.P.
member FINRA – SIPC
Back to Top
|