Black Bay Energy Capital Invests in Total Operations and Production Services (TOPS)

Apollo Funds Acquire Majority Stake in Total Operations and Production Services (TOPS)

June 8, 2021

Energy

Funds managed by affiliates of Apollo Global Management acquired a majority interest in Total Operations and Production Services, LLC (TOPS) from Black Bay Energy Capital. The investment will support TOPS' continued growth as a provider of low-emission, electric-driven gas compression services in the Permian Basin and expand its capabilities to serve growing demand for electrified compression solutions.

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.

Capstreet Acquires TOPS Field Services

January 29, 2026

Industrial Services

Houston-based private equity firm Capstreet has acquired TOPS Field Services, LLC, a Huffman, Texas–based provider of inspection, overhaul and maintenance services for gas and steam turbines, LNG equipment, and generators. Management, including founder and CEO Toby Wooster, will remain with the company as Capstreet partners with TOPS to expand service offerings, enhance capabilities, and pursue geographic expansion; terms were not disclosed.

Black Bay Energy Capital Makes Growth Investment in Capture Energy

February 16, 2024

Energy

Black Bay Energy Capital has made a growth capital investment in Capture Energy, LLC to accelerate production and distribution of Capture's patent-pending Capture Compressor for oil & gas production facilities. The funding will support scaling manufacturing and deployment to help operators meet emissions-reduction and regulatory requirements across U.S. production regions.

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.

BP Energy Partners Commits Equity to Leading Edge Power Solutions

October 7, 2020

Energy

Dallas-based BP Energy Partners made an equity commitment to California-based Leading Edge Power Solutions to fund existing and future distributed generation installations and expand the company's Energy-as-a-Service platform. Leading Edge Power Solutions provides behind-the-meter, low-emission natural gas on-site generation and proprietary dispatch software to commercial and industrial customers, financed via energy services agreements.