Industrial Growth Partners Recapitalizes Redco Group

December 17, 2018

Industrial Growth Partners (IGP) recapitalized Redco Group in partnership with Redco's management on December 17, 2018. Redco, headquartered in Edmonton, Alberta, is a leading independent provider of pressure control equipment, wellhead and frac completion products and associated manufacturing and field services to oil and gas operators across Western Canada.

Targets
Redco Group
Sellers
Redco management, Founder and CEO Steve Forberg
Industry
Oil & Gas
Location
Alberta, Canada
Transaction Type
Recapitalization

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