Stonegate Capital is pleased to announce it has closed on the following investment:
Stonegate has closed on a $4.5MM Senior Secured Credit Facility for a private equity-owned oilfield services company. The company provides completion, production, and intervention-related equipment and services for oil and gas operators. Stonegate worked closely with both the company and the private equity sponsor to customize a senior debt facility that will help the business expand its footprint, product offering, and best in class solutions. This investment highlights Stonegate’s support of the sponsor backed market, and we look forward to our partnership with management as it continues to execute on its successful growth strategy by providing customers with the highest quality services in the industry.