Jan 29, 2018

T.F. Hudgins Announces the Acquisition of Texas Rotating Equipment, Inc.


Acquisition Adds Upgrade and Repair Services to Asset Reliability Portfolio

Houston, TX, December 4, 2017 – Texas-based T.F. Hudgins, Inc. announced today the acquisition of Texas Rotating Equipment, Inc. Founded in 1947, T.F. Hudgins is a reliability-centered manufacturer, distributor and service provider operating in a variety of industrial processing, oil & gas and petrochemical end-markets. After merging with Allied Reliability Group in 2016, T.F. Hudgins delivers best-in-industry operational reliability solutions that improve productivity and reduce operating costs.

Texas Rotating Equipment, headquartered in Dayton, Texas, specializes in the maintenance and repair of industrial steam turbines and pumps that are utilized in a wide array of industrial applications. As an integral part of the company’s service delivery, Texas Rotating Equipment provides upgraded components and ancillary systems that increase the operational reliability of equipment. The acquisition will add to the T.F. Hudgins and Allied Reliability portfolio of predictive and reliability-centered maintenance services.
Jay Burnette, CEO of T.F. Hudgins commented, “Texas Rotating Equipment has built a reputation for exceptional quality and service delivery in the repair and upgrade of critical rotating equipment. The TRE team brings industry-specific knowledge and experience that creates significant value for customers and aligns with our broader machinery reliability portfolio.”

T.F. Hudgins is a portfolio company of The CapStreet Group.

The CapStreet Group is a Houston-based private equity firm founded in 1990 that invests in owner managed, lower middle market companies headquartered in Texas and surrounding states, with a particular emphasis on companies headquartered in the greater Houston area. CapStreet targets companies operating in the industrial distribution, industrial manufacturing and business service sectors and partners with management to accelerate growth and improve profitability. For more information, please visit capstreet.com.

Media Contacts:

T.F. Hudgins, Inc.
John Elmer, 713.724.4725
Chief Marketing Officer
jelmer@tfhudgins.com

Tina LaGrone, 713.682.3651
Manager, Administrative Services
tlagrone@tfhudgins.com