Investment Summary

Hastings Equity Partners Invests In Refractory Construction Services

On November 13, 2018, private equity firm Hastings Equity Partners invested in construction company Refractory Construction Services

Investment Highlights
  • This is Hastings Equity Partners’ 1st transaction in the Construction sector.
  • This is Hastings Equity Partners’ 23rd transaction in the United States.
  • This is Hastings Equity Partners’ 9th transaction in Texas.

Investment Summary
Date 2018-11-13
Target Refractory Construction Services
Sector Construction
Investor(s) Hastings Equity Partners
Deal Type Stake Purchase

Target

Refractory Construction Services

Deer Park, Texas, United States
Refractory Construction Services is a provider of refractory, mechanical and industrial coatings services to refineries, petrochemical plants, LNG facilities and export terminals across the Gulf Coast. Refractory Construction Services was formed in 2007 and is based in Deer Park, Texas.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 1

Investor

Hastings Equity Partners

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2004
Size Middle-Market
Type Sector Focused
DESCRIPTION

Hastings Equity Partners is a private investment firm focused on small to mid-sized enterprises in the business and industrial services sector. Hastings looks to invest in and acquire North American companies with trailing EBITDA of $5 to $20 million. Hastings looks for control situations only and will consider funding buyouts (LBOs, MBOs), recapitalizations, and growth capital financings. Hastings Equity Partners was formed in 2004 and is based in Boston, Massachusetts.

DEAL STATS #
Overall 24 of 34
Sector (Construction) 1 of 3
Type (Stake Purchase) 2 of 3
State (Texas) 9 of 11
Country (United States) 23 of 33
Year (2018) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-26 IMPACT! Chemical Technologies

Midland, Texas, United States

IMPACT! Chemical Technologies is a provider of specialty chemicals to oil and gas production and midstream companies across the most active shale plays in the United States.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-01 Axios Industrial Group

The Woodlands, Texas, United States

Axios Industrial Group provides scaffolding, insulation, coatings, and associated specialty services to the energy sector with a focus on refining, petrochemical, and power generation throughout North America. Axios Industrial Group was formed in 1966 and is based in The Woodlands, Texas.

Buy -
Mergr

Product

Company

Legal