Transition Capital Partners Acquires PAT Tank Inc.

7 Seas Capital and Tico Capital Partners Recapitalize Precision Piping Products

June 18, 2025

Manufacturing

7 Seas Capital and Tico Capital Partners acquired a recapitalization stake in Precision Piping Products (P3), a Houston-based manufacturer of patented flange protection products, in a transaction that closed May 22, 2025. Parkway Capital and Pine Street Capital Partners provided subordinated debt and equity support alongside the new investors, with founders Keith and Debbie Nichols remaining in leadership.

Plexus Capital Announces Investment in Texwin Metal Buildings

September 29, 2023

Building Products

Plexus Capital announced an investment in Texwin Metal Buildings, a Wills Point, Texas-headquartered manufacturer and retailer of portable/custom metal buildings operating under the Texwin and Winslows brands and serving Texas, Louisiana, Oklahoma and Arkansas. Some press reports additionally identify Transition Capital Partners in connection with an acquisition of Texwin. The transaction is a private equity investment intended to support Texwin’s regional manufacturing and retail operations and continued growth across its footprint.

Transition Capital Partners Invests in Petroflex North America

June 22, 2022

Manufacturing

Southlake, Texas-based private equity firm Transition Capital Partners has made an investment in Petroflex North America, a Gainesville, Texas manufacturer of HDPE conduit and accessories. Plexus Capital provided debt financing and a portion of the equity, while Infinity Capital Partners represented the Petroflex shareholders in the transaction to support the company’s continued growth.

Tailwater Capital Acquires NorTex Midstream Partners

February 17, 2021

Oil & Gas

Dallas-based private-equity firm Tailwater Capital agreed to acquire NorTex Midstream Partners LLC, a Houston-based natural-gas storage and midstream operator. The acquisition gives Tailwater ownership of NorTex’s underground storage capacity (about 36 billion cubic feet), a trading hub and roughly 83 miles of pipeline near the Dallas–Fort Worth area to support gas-fired power generation as a complement to renewable energy.

Ara Partners Acquires Majority Stake in Path Environmental Technology

August 25, 2020

Industrial Services

Ara Partners, a private equity firm focused on industrial decarbonization, has made a majority investment in Path Environmental Technology, a Houston-based industrial services provider that cleans above-ground storage tanks and rail tank cars using proprietary, emissions-reducing technology. Ara Partners will provide growth capital to further develop Path's technology, expand the team and geographic footprint, and pursue platform-building through organic growth and strategic acquisitions; Sweat Equity Partners remains a significant equity holder.

Patriot Environmental Acquires Transwater

August 18, 2020

Environmental Services

Patriot Environmental, LLC has acquired Transwater, Inc., a Midland, Texas provider of remote water-monitoring solutions for oil & gas, mining and solid-waste markets. The acquisition adds Transwater’s TransWatch remote sensors, drone/boat-based surveying and water-lab capabilities to Patriot’s geosynthetics and water-management services as an add-on to Patriot’s platform within the Environmental Specialties International portfolio.