Energy Alloys L.L.C., a Houston-based global provider of oilfield metals, services and solutions, has received an equity investment from funds managed by GSO Capital Partners LP, a division of The Blackstone Group L.P.
The investment aims to support the company’s growth strategy, which will continue to be executed by its current management team led by President, CEO and Founder Dave Warren.
According to Mr. Warren, Energy Alloys intends to expand value-added services and support its customer’s global demands.
Following the close of the transaction, GSO will join the Board of Directors.
Founded in 1995, Energy Alloys serves global oil and gas manufacturers and service companies. It has domestic operations in Houston, Tulsa and Lafayette and international operations in the United Kingdom (Arbroath, Bellshill, Rotherham and Sheffield), United Arab Emirates, Canada, México, South Korea, and Singapore.
FinSMEs
02/11/2011