Investment Summary

NGP Energy Technology Partners Invests In Signum Instruments

On March 11, 2015, corporate investor NGP Energy Technology Partners invested in test/measurement equipment company Signum Instruments

Investment Highlights
  • This is NGP Energy Technology Partners’ 1st transaction in the Test/Measurement Equipment sector.
  • This is NGP Energy Technology Partners’ 21st transaction in the United States.
  • This is NGP Energy Technology Partners’ 8th transaction in Texas.

Investment Summary

Date 2015-03-11
Target Signum Instruments
Sector Test/Measurement Equipment
Investor(s) NGP Energy Technology Partners
Deal Type Growth Capital

Target

Signum Instruments

Houston, Texas, United States
Signum Instruments provides best-in-class open-hole formation evaluation tools (electrical and geo-mechanical) and associated services that can help to maximize EURs, optimize completions, and increase the NPV of wells. Signum Instruments was founded in 2012 and is based in Houston, Texas.

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Investor(S) 1

Investor

NGP Energy Technology Partners

Washington, District of Columbia, United States

Investor Investor Investor Investor Investor


Category Corporate Investor
Founded 2005
PE ASSETS 500M USD
Size Middle-Market
Type Sector Focused
DESCRIPTION

NGP Energy Technology Partners LP (“NGP ETP”) is private equity firm focused the energy sector. The Firm targets buyout and growth capital transactions in sub-sectors spanning alternative energy, energy efficiency, oilfield technology and power. NGP will consider both minority and control investments and looks to invest $5 to $30 million per transaction. NGP Energy Technology Partners is a subsidiary of the NGP Energy Capital Management. NGP Energy Technology Partners was formed in 2005 and is based Washington DC with an additional office in New Orleans.


DEAL STATS #
Overall 23 of 23
Sector (Test/Measurement Equipment) 1 of 1
Type (Growth Capital) 6 of 6
State (Texas) 8 of 8
Country (United States) 21 of 21
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-14 Flogistix

Oklahoma City, Oklahoma, United States

Flogistix manufactures wellhead gas compressors designed to meet complex unconventional reservoir compressor and vapor recovery applications. The company's equipment and services are used to improve production rates, extend the useful life of a well, increase proven reserves, reduce emissions and capture valuable vapors that would otherwise be vented or flared. With compressor control systems and a proprietary Multi-Stream system that enables companies to target and control multiple sources of gas at various pressures, Flogistix provides production optimization services for some of the largest major and independent oil and gas producers in the world. Flogistix was formed in 1996 and is based in Oklahoma City, Oklahoma.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-09 Wellsite

Broussard, Louisiana, United States

Wellsite is a comprehensive rental equipment provider for the drilling and production sectors of the oil and gas industry. The Company provides rental tubing & associated handling tools, specialty trailers, cooling and heating trailers, automated slips, variable bore rams and additional rental equipment. Wellsite was founded in 2013 and is based in Broussard, Louisiana.

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