Castle Harlan, Inc., the New York private equity investment firm, announced today it had through an affiliate signed a definitive agreement to acquire the North American production equipment manufacturing assets of Exterran Corporation (NYSE: EXTN). a.j[d].getBoundingClientRect().top,f=a.j[d].getBoundingClientRect().bottom,c=Math.min(c,b=q&&g<=u){e=k;break a}}e=null}else for(k=0;kb?c.length:b;return a.la-a.T.length-b-a.H.length-1},La=function(a,b,c,d,e){var f=[];Ia(a,function(a,k){(a=Na(a,b,c,d,e))&&f.push(k+"="+a)});return f.join(b)},Na=function(a,b,c,d,e){if(null==a)return"";b=b||"&";c=c||",$";"string"==typeof c&&(c=c.split(""));if(a instanceof Array){if(d=d||0,dparseFloat(ra)){qa=String(ta);break a}}qa=ra} :MSIE|rv)[: ]([^\);]+)(\)|;)/.exec(a);if(oa)return/WebKit\/(\S+)/.exec(a);if(la)return/(? A(b,3));d=c.getBoundingClientRect().top+Db(a);c.parentNode.removeChild(c);B(b,8,d)}}b=A(b,8);return p(b)?b-Db(a):null},Jb={0:0,1:1,2:2,3:3},Kb={0:"auto",1:"horizontal",2:"vertical",3:"rectangle"},Lb=function(a,b){a.sort(function(a,d){a=Fb(b,a,!0);a=p(a)?a:Number.POSITIVE_INFINITY;d=Fb(b,d,!0);d=p(d)?d:Number.POSITIVE_INFINITY;return a-d})},Ib=function(a,b,c){switch(Jb[c]){case 0:b.parentNode&&b.parentNode.insertBefore(a,b);break;case 3:if(c=b.parentNode){var d=b.nextSibling;if(d&&d.parentNode!=c)for(;d&& The firm's investment strategy is based on the belief that achieving excellent returns requires investing at sensible prices in companies that offer opportunities for solid, attainable growth. Titan offers deep engineering expertise and has capacity to manufacture at high volumes in an ASME-certified facility that produces both pre-designed and custom separators, heater treaters, glycol dehydration units, as well as a wide range of other production equipment products. isNaN(a[0])?a:"\\"+(30+parseInt(a[0],10))+" "+a.substring(1)};var Ab=function(a,b){var c=0,d=A(a,6);if(void 0!==d)switch(d){case 0:c=1;break;case 1:c=2;break;case 2:c=3}var d=null,e=A(a,7);if(A(a,1)||a.getId()||0b&&(b+=a.length),a=0<=b&&be&&(e+=d.length);0<=e&&eg&&hc(a,["26835112"]),f=!1));if(f)return mc(16);(g=e.ka())&&fc(a,g);g=!0; Titan Production Equipment plans to continue employing the highly skilled workforce that has historically been associated with Exterran’s production equipment business, and plans to immediately ramp up production at the Columbus facility to address high customer demand. (e=new M,B(e,6,3),B(e,4,f),16!=f&&19!=f&&e.qa("pso-ama-fallback")):e=null}(f=!e)||(!p(g)||800>g?f=!1:820>g? Capital: Castle Harlan forms Titan Production and buys assets from Exterran, Exit: Trilantic sells Ward Energy’s DJ Basin assets, Exit: Admiral Permian buys Riverstone’s Three Rivers III, gets new PE sponsor, New Capital: FourPass Energy gets $600m from Oaktree Capital; led by former Felix execs, New Capital: Pickering Energy-backed upstream companies, New Capital: Momentum Minerals raises capital from Apollo Global, New Capital: Fortuna Resources III receives more capital from North Hudson Partners, Acquisition: Oaktree-backed Hartree Partners buys Cushing storage facility, IPO: Carnelian Energy-backed SPAC Peridot Acquisition closes $300m IPO, Deal: Saddle Operating close to Chesapeake deal, Upstream reports, Analysis: Permian drilling permits by PE portcos, IPO: Yorktown-backed Extraction Oil & Gas files S-1, Profile: Kimmeridge Energy-backed 299 Resources targets Permian, Portfolio: Natural Gas Partners' active investments, Capital: Birch Permian raising nearly a $1bn, has high-profile affiliation, Capital: Nine Point Energy, formerly Triangle Petroleum, raises capital, Deal: York Capital and Sole Source Capital-backed Cantium buys Chevron assets. Portfolio: Natural Gas Partners' active investments For more information, visit www.castleharlan.com. 0)},Ub=function(a){return! Advisor Info; 13D/G; Insider (Form 4) Ownership/Private Fund Data; Mutual Funds/ETFs; Create Alert × Email Notification. Castle Harlan said April 17 that it agreed to buy the North American production equipment manufacturing assets of Exterran Corp. Financial terms weren’t announced. Former and current managers of the assets will be investors in Titan Production Equipment and operate the new business going forward. Castle Harlan was founded in 1987 by John K. Castle, but its history goes back to the 1960s. !window.google_async_iframe_id,Ga=Wa&&window.parent||window;var Pa,G;if(Wa&&!Ha()){var Xa="."+Ua.domain;try{for(;2this.j.length;d++){e=b[d]; The acquisition also includes Exterran’s entire portfolio of production equipment engineering drawings and designs that is broadly considered to be the industry standard for production equipment. P.prototype.g=function(a){for(var b=0;b=b)&&e&&0!=Ab(e,a.b.document).length){a.oa= During the 60s John Castle headed all of the private equity activities, including the Sprout Capital Group, at Donaldson Lufkin & Jenrette (DLJ). The Titan purchase was a successful part of Castle Harlan's strategy to acquire market-leading businesses and create value for our investors through unique deal sourcing and active oversight. Castle Harlan is a leading private equity investment firm, investing in control position in middle market companies in both North America and throughout the rest of the world. Titan Production Equipment has launched in The Woodlands, the company announced in a July 11 press release. Castle Harlan Press Release: Launch of Titan Production Equipment. The company was created through the sale of Houston-based Exterran Corp.’s (NYSE: EXTN) … distinguished by disciplined focus on investing in control positions in middle market private companies About Titan Production Equipment: Titan Production Equipment was founded in 2018. (adsbygoogle = window.adsbygoogle || []).push({}); OilGasEquity.com seeks to aggregate information on the private equity investment in the North American oil & gas sector. var wb=function(a,b){if(null==a.P)return b;switch(a.P){case 1:return b.slice(1);case 2:return b.slice(0,b.length-1);case 3:return b.slice(1,b.length-1);case 0:return b;default:throw Error("Unknown ignore mode: "+a.P);}},xb=function(a){var b=[];ub(a.getElementsByTagName("p"),function(a){100<=yb(a)&&b.push(a)});return b},yb=function(a){if(3==a.nodeType)return a.length;if(1!=a.nodeType||"SCRIPT"==a.tagName)return 0;var b=0;ub(a.childNodes,function(a){b+=yb(a)});return b},zb=function(a){return 0==a.length|| Titan Production Equipment, a 100% production equipment-focused company, engineers and manufactures equipment for the separation, processing and treating of oil and gas hydrocarbon streams. Titan Production Equipment has launched in The Woodlands, the company announced in a July 11 press release. "both":"none";Ib(c,d, Exterran Corporation - Wikipedia In 2010, private equity firm CHAMP Ventures purchased a 40% stake of the company. Through the years, we have remained true to our values of dependable customer service and technology leadership. (0>=c.offsetWidth)))a:if(A(b,7))a.C(8);else{b:if(A(b,5))c=A(b,5);else{if(c=Q(a).f())if(c=A(c,3),a.dae?encodeURIComponent(La(a,b,c,d,e+1)):"...";return encodeURIComponent(String(a))};var Ra=function(a,b,c,d){var e=Pa;if((c?e.Pa:Math.random())<(d||e.za))try{var f;b instanceof Ja?f=b:(f=new Ja,Ia(b,function(a,b){var c=f,d=c.Ja++,e={};e[b]=a;a=[e];c.L.push(d);c.V[d]=a}));var g=Ma(f,e.Ma,e.Ba,e.La+a+"&");g&&Qa(g)}catch(k){}},Qa=function(a){h.google_image_requests||(h.google_image_requests=[]);var b=h.document.createElement("img");b.src=a;h.google_image_requests.push(b)};var Sa;if(! July 21, 2018 James Heinsman Company Spotlight. parseInt(Ic.localStorage.getItem("PSO_EXP0"),10);Z=isNaN(Kc)?null:Kc}catch(a){Z=null}if(null==Z){Z=Math.floor(1024*Math.random());var Lc=Z;try{Ic.localStorage.setItem("PSO_EXP0",Lc.toString())}catch(a){}}lc=new ic(Z,0,Jc);Y=oc()}if(1==Y.ba){var Mc=V;jc(Y.J)&&pc(Mc)}}if(!Y)throw Error("No strategyState created! !A(m,3));var m=c,u=ob,q=k.createElement("div"),n=q.style;n.textAlign="center";n.width="100%";n.height="auto";n.clear=l.xa? Its team of senior investment professionals has completed over 50 acquisitions since its inception with a total value in excess of $11 billion. "0"+a:""+a};var hc=function(a,b){a=a.google_ad_modifications=a.google_ad_modifications||{};a=a.loeids=a.loeids||[];for(var c=0;c