Turnbridge Capital recapitalizes Pipe Pros

By Marc Castro

Sep 23, 2013 09:46 PM EDT

Turnbridge Capital LLC and Pipe Pros had recently announced the equity recapitalization of the latter company and the exansion of its capital resources to assist in its growth plans for the future.

The Corpus Christi, TX based Pipe Pros is one of the market leaders in casing and tubing installation services for the industry. The company delivers high quality, safe and efficient services that uses the latest equipment to its client base.

According to Pipe Pros founder and President Gary Edwards, "Partnering with Turnbridge is an important next step for Pipe Pros, its employees, customers and suppliers. With additional capital, we have an opportunity to inves in new equipment and to expand our service offering to customers in our current markets, and to accelerate our growth into new markets and service lines over time. We look forward to working with the Turnbridge team."

For its part, Turnbridge Partner John U. Clarke said, "Gary Edwards and the rest of the management and employee team have worked together for many years and built Pipe Pros into a highly respected provider of mission-critical well completions services, and we are very pleased to have to the chance to be their partner during the next phase of the Company's growth."

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