NORMAN, Okla., Dec. 17, 2014 /PRNewswire/ -- Turnbridge
Capital Partners ("Turnbridge"), an energy focused private equity
firm with offices in Dallas and
Houston, announced today that it
has acquired Cimarron Energy Inc. ("Cimarron") from Curtiss-Wright Corporation
(NYSE: CW). Cimarron is
a leading manufacturer of oil and natural gas production and
processing equipment, providing separation, flowback, and
environmental products to oil and natural gas exploration and
production companies throughout the
United States.
Mr. Todd Tomlin, a Partner at
Turnbridge, said "we are pleased to partner with the management and
employee team in re-establishing Cimarron as an independent company and to
provide capital for its continued growth. For over thirty
years, Cimarron has earned a
reputation for delivering high quality equipment and services at
competitive prices to a broad customer base of the most active oil
and natural gas companies in the U.S. Together with
Larry Holdge and the entire
leadership team, we expect to actively expand Cimarron's presence in the industry in the
years ahead."
Mr. Larry Holdge, President of
Cimarron, added "Turnbridge's
unique knowledge of, and experience in, the sector, in combination
with a strong balance sheet, will accelerate our growth. The
company now will have the financial resources and backing to scale
our organization across engineering, manufacturing, sales and
administrative disciplines and to expand our product services suite
and geographic footprint for the benefit of our customers,
suppliers, and employees."
About Cimarron Energy
Founded in 1976, Cimarron Energy
is a manufacturer of oil and natural gas production and processing
equipment providing separation, flowback, and environmental
products to exploration and production companies throughout the
United States. Cimarron's
production and processing equipment is used to efficiently separate
oil, natural gas, and water as well as other materials from
hydrocarbon streams for transportation and sale. The
company's environmental devices provide high performance, cost
effective, and regulatory compliant solutions for emissions
control. Cimarron operates
from manufacturing facilities in Newcastle, OK; Marlow, OK; and Evans, CO. For more
information, please visit www.cimarron.com .
About Turnbridge Capital
Turnbridge Capital, LLC is an
energy-focused private equity firm with offices in Dallas and Houston, Texas. Turnbridge seeks to
invest alongside experienced management teams in companies that
provide products and services to the upstream, midstream and
downstream market segments. For more information, visit
www.turnbridgecapital.com.
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SOURCE Turnbridge Capital Partners