Intervale Capital Invests in Pro Oil & Gas Services

Press Release

 | June 27, 2017

Choate recently advised Intervale Capital in connection with a recapitalization of Pro Oil & Gas Services, LLC, a Houston-based company that provides drilling and completion services to the oil and gas industry.  Proceeds from the investment were used to repay indebtedness and provide liquidity to fund growth initiatives.

Intervale Capital is a specialized energy-focused investment firm that invests primarily in middle-market energy services and manufacturing companies.  The firm has raised $1.3 billion of committed capital since inception, and is currently investing its third fund.

The Choate team was led by Christian Atwood and David Gusella (private equity), and included Stephen Tonkovich (finance), Louis Marett (tax), and Zach Rosen and Mark Bellis (private equity).

 

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