Park Energy Services (Rock Hill Capital) Acquires Lower-Horsepower Compression Assets from Archrock

Park Energy Services Acquires Great Texas Compression

May 20, 2022

Energy

Park Energy Services, a portfolio company of Rock Hill Capital, has acquired substantially all the assets of San Antonio-based Great Texas Compression. The add-on acquisition expands Park's service density and customer base in South Texas, enhances its compression and vapor-recovery capabilities, and was financed through an expanded senior credit facility led by Regions Bank, UMB Bank, Century Bank and Third Coast Bank SSB.

Archrock Acquires Total Operations and Production Services (TOPS)

July 22, 2024

Oil & Gas

Archrock, Inc. will acquire Total Operations and Production Services, LLC (TOPS) from investment funds managed by affiliates of Apollo Global Management in a cash-and-stock transaction valued at $983 million. The deal adds approximately 580,000 horsepower (predominantly electric motor drive compression), deepens Archrock's Permian Basin footprint and electric compression capabilities, and is expected to be immediately accretive to earnings and cash available for dividend per share.

One Rock Capital Partners Acquires Stake in ArchKey Solutions

June 7, 2021

Construction

One Rock Capital Partners completed a controlling investment in ArchKey Solutions, acquiring the stake from funds managed by the GFI Energy Group of Oaktree Capital Management. ArchKey, a St. Louis–based national electrical and technologies contracting platform with more than 3,000 employees, will continue to be led by its existing management team as it pursues growth and capability expansion with One Rock's support.

HardRock Infrastructure Services and Tower Arch Capital Acquire HDW Construction & Drilling

September 19, 2024

Construction

HardRock Infrastructure Services, together with private equity partner Tower Arch Capital, has acquired HDW Construction & Drilling, a Seguin, Texas auger-boring and tunneling contractor. HDW will become a wholly owned subsidiary of HardRock with founder Shohn Huckabee and his family remaining as significant investors, expanding HardRock's capabilities in the water and wastewater utility market across Texas.

26North Affiliate Acquires ArchKey Solutions from One Rock Capital Partners

September 4, 2024

Industrial Services

An affiliate of 26North Partners LP has agreed to acquire ArchKey Solutions from One Rock Capital Partners; the deal was announced in September 2024 and completed in November 2024. ArchKey, a national provider of electrical, technologies and facilities services with over 4,000 employees, will continue its growth under new financial ownership; financial terms were not disclosed.

Paragon Energy Solutions Acquires Rock Creek Innovations

December 20, 2021

Energy

Paragon Energy Solutions, a Windjammer Capital portfolio company, has acquired Rock Creek Innovations, LLC, a developer and licensor of the Highly Integrated Protection System (HIPS) used in nuclear safety-related instrumentation and control systems. The acquisition brings Rock Creek's HIPS platform and engineering team into Paragon to expand its safety I&C capabilities for commercial nuclear power plants and small modular reactors; terms were not disclosed.