Investment Summary

SCF Partners Invests In Petro.ai

On October 11, 2018, private equity firm SCF Partners invested in software company Petro.ai

Investment Highlights
  • This is SCF Partners’ 1st transaction in the Software sector.
  • This is SCF Partners’ 18th transaction in the United States.
  • This is SCF Partners’ 15th transaction in Texas.

Investment Summary
Date 2018-10-11
Target Petro.ai
Sector Software
Investor(s) SCF Partners
Deal Type Growth Capital

Target

Petro.ai

Houston, Texas, United States
Petro.ai is a software suite enabling analytics and data science across the oil and gas value chain. In an effort to increase service efficiency and well productivity, oil and gas operators are collecting more data than ever before. Petro.ai allows industry users to visualize and learn from disparate data sources using a powerful combination of analytics and industry expertise. Petro.ai was founded in 2013 and is based in Houston, 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) 1

Investor

SCF Partners

Houston, Texas, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1989
PE ASSETS 2.0B USD
Size Large
Type Sector Focused
DESCRIPTION

SCF Partners Ltd. is a specialist private equity firm that targets investments in energy service and equipment companies with operations around the world. SCF provides both equity capital and strategic guidance over the life of the investment which typically lasts five years. The Firm's target investment size is $10 to $100 million. SCF looks to grow portfolio companies through internal growth initiatives and through acquisitions. SCF Partners was formed in 1989 and is based in Houston, Texas, with additional offices in Aberdeen, Scotland and Calgary, Alberta.

DEAL STATS #
Overall 34 of 56
Sector (Software) 1 of 2
Type (Growth Capital) 4 of 8
State (Texas) 15 of 25
Country (United States) 18 of 32
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-01 Frontier Tubular Solutions

Houston, Texas, United States

Frontier Tubular Solutions is a full-service tubular goods provider and offers non-destructive testing and inspection services, threading and bucking services, pipe maintenance, and repair services, as well as logistics management services to the oil and gas industry throughout Oklahoma. Frontier Tubular Solutions was founded in 1920 and is based in Houston, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-01 Pipeline Plastics

Westlake, Texas, United States

Pipeline Plastics is a manufacturer of high performance polyethylene pipe used primarily for water infrastructure in oil and gas, mining, industrial and municipal applications Pipeline Plastics was founded in 2010 and is based in Westlake, Texas.

Buy -
Mergr

Product

Company

Legal