NexGen Chemical Technologies, LLC (“NexGen”)

NexGen is a forward-thinking company that takes a non-traditional approach to oilfield chemistry and applications. NexGen works with E&P and midstream operators as well as other business partners to design custom solutions to address costly operational problems and inefficiencies. The Company’s mission is to deliver truly differentiating chemical technology to increase efficiency and reduce the total cost of operations. NexGen is primarily focused on providing patented and proprietary chemical solutions that are used for natural gas sweetening. NexGen was founded in 2018 and is headquartered in the Houston, Texas area.

Black Bay Energy Capital (“Black Bay”)

Black Bay is a private equity firm focused on the North American energy sector. Black Bay invests equity capital alongside talented entrepreneurs that provide a differentiated product or service to their clients to help reduce costs, improve operations, and achieve ESG initiatives. Black Bay is headquartered in New Orleans, Louisiana and is currently investing out of its second fund.

Foremark Performance Chemicals (“Foremark”)

Foremark, headquartered in League City, Texas, is a technology-driven leader in natural gas sweetening formulations and the production of chemical building blocks used in numerous end products. Foremark is a leading producer of a broad portfolio of triazines and formalin, and operates out of a highly automated, integrated manufacturing facility in La Porte, Texas, that is strategically located on the Houston ship channel and among the world’s largest and efficient producers.

SK Capital Partners (“SK Capital”)

SK Capital is a private investment firm with a disciplined focus on the specialty materials, chemicals, ingredients and life sciences sectors. SK Capital’s portfolio businesses generate revenues of approximately $18 billion annually, employ more than 20,000 people globally and operate more than 200 plants in over 30 countries. SK Capital is headquartered in New York, New York and currently has approximately $7.8 billion in assets under management.

PPHB, LP (“PPHB”)

PPHB is an independent investment banking firm providing financial advisory services to middle market companies that offer products and services to the following end markets: