|By Marketwired .||
|June 26, 2014 01:19 PM EDT||
NEW ORLEANS, LA--(Marketwired - June 26, 2014) - RLMcCall Capital Partners, LLC, a private equity firm based in New Orleans, Louisiana announced today that it has partnered with Dos Rios Partners, L.P, a private equity firm headquartered in Austin, Texas, to acquire Case Drilling & Pump Service, LLC (the "Company" or "Case Drilling"), a provider of fresh water well drilling and maintenance services to contract drilling firms, E&P operators, agri-businesses, residential consumers and municipalities across West Texas. Terms of the deal were not disclosed.
Case Drilling has a 75-year operating history in West Texas and enjoys strong relationships with a diverse institutional and residential customer base in the Permian Basin. Moreover, the company is well positioned to benefit from the region's continued projected growth. "We are excited to be partnering with Case Drilling and Dos Rios," said Eric Blue, Partner of RLMcCall, "and we look forward to working with Case's talented and experienced management team to advance the Company's successful strategy."
"We are particularly excited about the expansion of our oil and gas services acquisition platform in the Permian Basin as we believe the Permian has many more years of exploration-, drilling- and logistics-linked growth to come," stated Earl Robinson, an RLMcCall Partner. Hank Torbert, an RLMcCall Partner, stated, "this transaction underscores not only our commitment to investing in the oil and gas sector, but also our focus on high growth opportunities and regions such as the Permian."
RLMcCall is committed to sourcing and executing non-traditional, supply chain-focused transactions that grow the industrial services opportunity set and the skilled labor pool in certain regions of the United States. "Our focus is to partner with management teams to fuel the expansion of niche-focused, lower middle market companies, the growth engine of the US economy," said RLMcCall Partner Neill Wright.
CASE DRILLING & PUMP SERVICE, LLC
Case Drilling & Pump Service, LLC (the "Company"), based in Stanton, Texas, is a provider of water well drilling and maintenance services to contract drilling firms, E&P operators, agri-businesses, residential consumers, municipalities and small and midsized businesses in West Texas. Historically, the Company's service area extended within a 150-mile radius of Stanton, TX and covered Martin, Midland, Howard and Glasscock counties. However, in the last six (6) months, the Company has begun to expand its operations into Andrews County, which lies west of Martin County.
RLMcCALL CAPITAL PARTNERS, LLC
Based in New Orleans, Louisiana, RLMcCall Capital Partners, LLC ("RLMcCall") is a value-oriented, private equity firm focused on both lower middle-market change-of-control transactions in and non-control, growth investments in the oil & gas, general industrials and media & telecommunications sectors. The Firm's strategy is to partner with existing owners/management teams to acquire and invest in well-managed and well-positioned companies located in certain regions of the United States. RLMcCall sponsors or co-sponsors transactions involving businesses/platforms with enterprise values from $10 million to $60 million.
DOS RIOS PARTNERS
Dos Rios is a Texas-based private equity partnership formed by four Partners-Bo Baskin, Wayne Patterson, Jay Turner and Kevin Benoit. Dos Rios invests in the junior (i.e. common, preferred and/or mezzanine) securities of proven, growing niche businesses with approximately $2.0-8.0 million in EBITDA, generally alongside strong, motivated management teams. Dos Rios can help these small businesses with either control or non-control transactions.
RLMcCall Capital Partners, LLC
Eric Blue / Hank Torbert
Office Contact: 504-934-1031
The Open Connectivity Foundation (OCF), sponsor of the IoTivity open source project, and AllSeen Alliance, which provides the AllJoyn® open source IoT framework, today announced that the two organizations’ boards have approved a merger under the OCF name and bylaws. This merger will advance interoperability between connected devices from both groups, enabling the full operating potential of IoT and representing a significant step towards a connected ecosystem.
Oct. 22, 2016 02:45 AM EDT Reads: 1,143
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his session at @DevOpsSummit 19th Cloud Expo, Eric Robertson, General Manager at CollabNet, will show how customers are able to achieve a level of transparency that enables everyon...
Oct. 22, 2016 02:45 AM EDT Reads: 1,238
SYS-CON Events announced today that Interface Masters Technologies, a leader in Network Visibility and Uptime Solutions, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Interface Masters Technologies is a leading vendor in the network monitoring and high speed networking markets. Based in the heart of Silicon Valley, Interface Masters' expertise lies in Gigabit, 10 Gigabit and 40 Gigabit Eth...
Oct. 22, 2016 02:45 AM EDT Reads: 3,281
As software becomes more and more complex, we, as software developers, have been splitting up our code into smaller and smaller components. This is also true for the environment in which we run our code: going from bare metal, to VMs to the modern-day Cloud Native world of containers, schedulers and microservices. While we have figured out how to run containerized applications in the cloud using schedulers, we've yet to come up with a good solution to bridge the gap between getting your conta...
Oct. 22, 2016 02:00 AM EDT Reads: 1,385
DevOps theory promotes a culture of continuous improvement built on collaboration, empowerment, systems thinking, and feedback loops. But how do you collaborate effectively across the traditional silos? How can you make decisions without system-wide visibility? How can you see the whole system when it is spread across teams and locations? How do you close feedback loops across teams and activities delivering complex multi-tier, cloud, container, serverless, and/or API-based services?
Oct. 22, 2016 01:45 AM EDT Reads: 937
SYS-CON Media announced today that @WebRTCSummit Blog, the largest WebRTC resource in the world, has been launched. @WebRTCSummit Blog offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. @WebRTCSummit Blog can be bookmarked ▸ Here @WebRTCSummit conference site can be bookmarked ▸ Here
Oct. 22, 2016 01:30 AM EDT Reads: 9,607
You have great SaaS business app ideas. You want to turn your idea quickly into a functional and engaging proof of concept. You need to be able to modify it to meet customers' needs, and you need to deliver a complete and secure SaaS application. How could you achieve all the above and yet avoid unforeseen IT requirements that add unnecessary cost and complexity? You also want your app to be responsive in any device at any time. In his session at 19th Cloud Expo, Mark Allen, General Manager of...
Oct. 22, 2016 01:15 AM EDT Reads: 802
SYS-CON Events announced today that Streamlyzer will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Streamlyzer is a powerful analytics for video streaming service that enables video streaming providers to monitor and analyze QoE (Quality-of-Experience) from end-user devices in real time.
Oct. 22, 2016 01:15 AM EDT Reads: 887
@ThingsExpo has been named the Top 5 Most Influential Internet of Things Brand by Onalytica in the ‘The Internet of Things Landscape 2015: Top 100 Individuals and Brands.' Onalytica analyzed Twitter conversations around the #IoT debate to uncover the most influential brands and individuals driving the conversation. Onalytica captured data from 56,224 users. The PageRank based methodology they use to extract influencers on a particular topic (tweets mentioning #InternetofThings or #IoT in this ...
Oct. 22, 2016 01:00 AM EDT Reads: 8,143
Today every business relies on software to drive the innovation necessary for a competitive edge in the Application Economy. This is why collaboration between development and operations, or DevOps, has become IT’s number one priority. Whether you are in Dev or Ops, understanding how to implement a DevOps strategy can deliver faster development cycles, improved software quality, reduced deployment times and overall better experiences for your customers.
Oct. 22, 2016 12:30 AM EDT Reads: 506
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in Embedded and IoT solutions, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 7-9, 2017, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and ...
Oct. 22, 2016 12:30 AM EDT Reads: 3,487
Cloud based infrastructure deployment is becoming more and more appealing to customers, from Fortune 500 companies to SMEs due to its pay-as-you-go model. Enterprise storage vendors are able to reach out to these customers by integrating in cloud based deployments; this needs adaptability and interoperability of the products confirming to cloud standards such as OpenStack, CloudStack, or Azure. As compared to off the shelf commodity storage, enterprise storages by its reliability, high-availabil...
Oct. 22, 2016 12:15 AM EDT Reads: 961
The IoT industry is now at a crossroads, between the fast-paced innovation of technologies and the pending mass adoption by global enterprises. The complexity of combining rapidly evolving technologies and the need to establish practices for market acceleration pose a strong challenge to global enterprises as well as IoT vendors. In his session at @ThingsExpo, Clark Smith, senior product manager for Numerex, will discuss how Numerex, as an experienced, established IoT provider, has embraced a ...
Oct. 22, 2016 12:00 AM EDT Reads: 938
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at @ThingsExpo, James Kirkland, Red Hat's Chief Arch...
Oct. 22, 2016 12:00 AM EDT Reads: 5,933
@DevOpsSummit has been named the ‘Top DevOps Influencer' by iTrend. iTrend processes millions of conversations, tweets, interactions, news articles, press releases, blog posts - and extract meaning form them and analyzes mobile and desktop software platforms used to communicate, various metadata (such as geo location), and automation tools. In overall placement, @DevOpsSummit ranked as the number one ‘DevOps Influencer' followed by @CloudExpo at third, and @MicroservicesE at 24th.
Oct. 22, 2016 12:00 AM EDT Reads: 3,821