CapX Partners Provides $6MM Equipment Lease to Oil & Gas Company



CapX Partners announced the closing of a $6 million equipment lease line of credit to support the financing needs of All Around Roustabout (AAR), an energy services company focused on oil and natural gas.

All Around Roustabout provides drilling support services, completion and production-related tasks for oil and natural gas companies, building, repairing, modifying and maintaining equipment, sites, wells and pipelines. Their private equity partners introduced AAR to CapX Partners with the objective of efficiently procuring and financing their new investment in machinery and equipment, which would enable them to keep up with a growing and diversifying customer base.

“After being informed about the investor group’s acquisition of AAR, CapX quickly reviewed the business model and met with management/ownership to get a better understanding of the strategy going forward. CapX was then able to customize an equipment lease facility that would provide AAR with sufficient capital along with flexibility to efficiently make acquisitions. CapX looks forward to supporting the ownership/management team in the years to come,” said Bryan Rozum, vice president, CapX Partners.


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