TitanLiner has been acquired by an Undisclosed Financial Investor
TitanLiner, Inc. (“TitanLiner”)
TitanLiner is a leading provider of proprietary environmental solutions to the oil & gas industry. TitanLiner manufactures, installs and rents products that are used by oilfield service providers and E&P operators for temporary and permanent spill containment at the well-site. Headquartered in Fort Worth, Texas, TitanLiner has six service locations throughout the U.S. and approximately 70 employees.
Capital Southwest Corporation (“Capital Southwest”)
Capital Southwest Corporation (Nasdaq:CSWC) is a Dallas, Texas-based internally managed business development company with approximately $308 million in net assets as of March 31, 2018. Capital Southwest is a middle market lending firm focused on supporting the acquisition and growth of middle market businesses with $5 to $25 million investments across the capital structure.
Undisclosed Financial Investor
The undisclosed financial investor is a private Houston-based holding company, that is wholly-owned by one of the oldest and largest financial institutions based in New York.
PPHB, LP (“PPHB”)
PPHB is an independent investment banking firm providing financial advisory services exclusively to clients in the oilfield equipment and service industry.