PPHB has advised Wellbore Integrity Solutions in Securing a New Line of Credit
Wellbore Integrity Solutions, LLC (“WIS ” or the “Company”)
WIS is a leading oilfield service company that provides a comprehensive suite of well integrity products and services to the global oil & gas industry. As a standalone independent company with a vertically integrated structure, the Company focuses on providing quality U.S. manufactured products delivered via a global engineering and field services footprint. WIS provides its products & services to energy companies, service companies, and local partners with operations in over 25 countries. Headquartered in Houston, Texas, the Company is a portfolio company of Rhône and has ~1,000 employees globally.
Rhône Group LLC (“Rhône”)
Rhône, established in 1996, is a global private equity firm with a focus on investments in businesses with a transatlantic presence. Rhône’s investment philosophy includes the development of strong, strategic partnerships with the companies in which it invests. Rhône has a consistent history of successful corporate carve-out transactions and working with entrepreneur and family-led businesses, and operates across its London, New York and Madrid offices. Rhône has invested in a diversified portfolio of companies including investments in the business services, consumer, and industrial sectors.
Amerisource Business Capital (“Amerisource”)
Founded in 1984, Amerisource is a direct lender and capital provider to growing businesses throughout the U.S. with borrowing needs up to $25 million. Amerisource is one of the largest independent finance companies in the nation, having provided over $8 billion in capital to over 1,600 companies across the U.S. Amerisource’s deep experience and expertise in complex situations allows it to deliver creative solutions that maximize liquidity and flexibility for its clients. Amerisource is headquartered in Houston, Texas and has offices located throughout the U.S.
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: