Houston, TX – September 8, 2016 – Epic Industrial Solutions (“Epic”), a portfolio company of Pelican Energy Partners, is pleased to announce the acquisition of the assets of Nickles Industries (“Nickles”). Located in Ponca City, Oklahoma and in business since 1915, Nickles Industries has been serving the diesel power generation, stationary engine, natural gas compression and interstate natural gas transmission markets for over 100 years.
Mike Scott, Managing Director of Pelican Energy Partners, said “Nickles Industries is a well-established brand and has manufactured reciprocating engine and compressor parts for more than a hundred years, focusing primarily on Dresser-Rand, Ingersoll-Rand and Cooper / Cameron reciprocating engines and compressors.”
Paul DeWeese, CEO of Epic Industrial Solutions, said “Epic has positioned itself to provide its global industrial and energy customers with expert repair and services for engines, pumps and industrial compressors. As a preferred OEM alternative for these services as well as replacement parts, we are pleased to announce the acquisition of Nickles Industries to further our capabilities. This addition to our growing company shows our commitment to the legacy aftermarket Cooper and Dresser-Rand products, allowing us to add key parts, build more patterns, and commit to stock more inventory to support our customers and meet their increasing need for these items.”
About Pelican Energy Partners
Pelican Energy Partners is a Houston-based private equity fund specializing in strategic investments in small to middle-market, high growth potential energy service and equipment companies with sustained earnings outlooks. Pelican’s investments include Capline Environmental Services, Elite Production Services, Downhole Technology, Rapid Rod Service, Patriot Artificial Lift / Flowco Solutions, Elite Multiphase Solutions, Multilift Welltec, P360 Management Solutions and Epic Industrial Solutions.