Investment Summary

Ranch Creek Partners and Hillstar Capital Invest In Patriot Erectors

On May 23, 2018, private equity firms Ranch Creek Partners and Hillstar Capital invested in engineering company Patriot Erectors

Investment Highlights
  • This is Ranch Creek Partners’ 1st and Hillstar Capital’s 1st transaction in the Engineering sector.
  • This is Ranch Creek Partners’ 3rd and Hillstar Capital’s 4th transaction in the United States.
  • This is Ranch Creek Partners’ 1st and Hillstar Capital’s 2nd transaction in Texas.

Investment Summary

Date 2018-05-23
Target Patriot Erectors
Sector Engineering
Investor(s) Ranch Creek Partners
Hillstar Capital
Deal Type Growth Capital

Target

Patriot Erectors

Dripping Springs, Texas, United States
Patriot Erectors is a steel fabrication and erection company that provides turnkey structural and specialty steel services for commercial, industrial, and municipal end markets. Patriot Erectors was founded in 1991 and is based in Dripping Springs, Texas.

Search 201,292 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) 2

DESCRIPTION

Ranch Creek Partners is a private equity investment firm focused on acquiring control positions in public and private middle-market companies. The Firm pursues profitable companies ($2 to $10 million of EBITDA) valued up to $50 million and will consider a variety of transaction situations including successions, buyouts, take privates, divestitures, consolidations, growth capital financings, and special situations. Ranch Creek Partners was established in 2016 and is headquartered in Seattle, Washington.


DEAL STATS #
Overall 3 of 5
Sector (Engineering) 1 of 1
Type (Growth Capital) 3 of 4
State (Texas) 1 of 1
Country (United States) 3 of 5
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-06 OneCor Services

Williston, North Dakota, United States

OneCor Services is a provider of environmental services and acid blending to the oil and gas industry in the Bakken Shale. OneCor is the market leader in selective and bare ground weed control services, as well as environmental remediation services in North Dakota. OneCor Services is also the premier provider of blended acid for the completion, stimulation, and workover of oil and gas wells in the Bakken Shale. OneCor Services is based in Williston, North Dakota.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-26 Rainier Welding

Anacortes, Washington, United States

Rainier Welding is a fabricator of steel and aluminum metals for applications in the marine, bridge, infrastructure, and commercial markets along the West Coast. Rainier Welding was founded in 1975 and is based in Redmond, Washington.

Buy -
DESCRIPTION

Hillstar Capital is a private investment firm focused on acquiring and investing in profitable, lower middle-market companies across a variety of industries including business services, consumer, industrial and healthcare. The Firm will consider investing both equity and/or debt. Hillstar Capital was formed in 2014 and is headquartered in Dallas, Texas.


DEAL STATS #
Overall 4 of 4
Sector (Engineering) 1 of 1
Type (Growth Capital) 2 of 2
State (Texas) 2 of 2
Country (United States) 4 of 4
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-06 OneCor Services

Williston, North Dakota, United States

OneCor Services is a provider of environmental services and acid blending to the oil and gas industry in the Bakken Shale. OneCor is the market leader in selective and bare ground weed control services, as well as environmental remediation services in North Dakota. OneCor Services is also the premier provider of blended acid for the completion, stimulation, and workover of oil and gas wells in the Bakken Shale. OneCor Services is based in Williston, North Dakota.

Buy -