Black Bay Energy Capital Makes Growth Investment in Capture Energy

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

August 14, 2019

Energy

Black Bay Energy Capital, an energy-focused private equity firm, has made an investment in Total Operations and Production Services (TOPS), a Midland, Texas-based provider of electric and gas-driven compression systems focused on gas lift applications in the Permian Basin. The partnership will provide capital and industry expertise to support TOPS' growth plans and expansion of its electric compression and automation capabilities.

Black Bay Energy Capital Acquires Merichem Process Technologies & Catalyst Business (Merichem Technologies)

January 3, 2024

Industrial Services

Black Bay Energy Capital acquired Merichem Company's technology business — Merichem Process Technologies and Merichem Catalyst Products — which will be renamed Merichem Technologies and operated as a standalone sulfur-treating platform. Merichem Company will retain its caustic services business while the new platform will be led by former Merichem technology leaders to expand sulfur-treatment capabilities across energy and industrial end markets.

Riverbend Energy Group Leads Growth Equity Investment in CarbonQuest

February 25, 2025

Energy

CarbonQuest, a New York–based developer of distributed carbon capture systems and carbon management software, received a growth equity financing led by Riverbend Energy Group with participation from other institutional investors. The capital will support CarbonQuest’s commercial expansion into new end markets (including biogenic CO2 and utility infrastructure) and further development of its Carbon Management Software; Riverbend partners Joe Passanante and Eric Danziger will join CarbonQuest’s board.

EnCap Energy Transition Commits Growth Capital to Bleutec Industries

November 30, 2022

Renewable Energy

EnCap Investments (via its EnCap Energy Transition platform) has made a significant equity commitment to Bleutec Industries, a Houston-based builder, owner and operator of Jones Act‑compliant offshore wind turbine installation vessels. Bleutec management is co-investing alongside EnCap to accelerate development of its Binary Marine Installation Solution (BMIS) and build out Jones Act vessels to support U.S. offshore wind projects.

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.

Newlight Partners Leads Growth Investment in BayoTech

January 5, 2021

Energy

BayoTech received an equity investment of up to $157 million led by growth equity firm Newlight Partners, with participation from Cottonwood Technology Fund, Sun Mountain Capital and Fortistar. The capital will accelerate BayoTech’s product and project development and infrastructure expansion for its on‑site hydrogen generation and Gas‑as‑a‑Service offerings.