New Regional Directors For Cooper

Cooper has announced the appointment of two industry veterans to regional director positions. Mike Baughman has been named regional director of the Permian Basin. Baughman began his career with Cooper as a high school student in 1979 where he worked on the assembly floor of the Grove City, Pa., Cooper-Bessemer plant.

Baughman collectively spent 30 years with Cooper over the course of his career in Grove City and Odessa, Texas. He also spent time at Nickles Industries and Valerus Inc., where he packaged close to 1000 refurbished and new compressors. More recently, Baughman had his own catalyst business, He now returns as leader of Cooper’s Midland-Odessa service, shop and sales operations.

The company also named Lance Bradford as Northwest regional director for the U.S. He worked many years with Compressor Pump and Engine Inc. and has spent the last eight years as director of Mechanical Support for Kinder Morgan, where he managed more than 160 mechanics throughout the US.

Bradford will be located at Cooper’s Casper, Wy., service center and will manage sales, service and shop activities for the region.

 Lance Bradford, Cooper    
             Mike Baughman                         Lance Bradford

Cooper Adds Mathews As VP Of Engineering

Cooper is pleased to announce the appointment of Hans Mathews to the position of VP of Engineering

Cooper Machinery Services has hired Hans Mathews as its vice president of engineering. Mathews has 29 years of compression industry experience, which includes 20 years with HOERBIGER and nine years with Tenneco. Mathews, who last served as HOERBIGER’s senior vice president of sales and engineering, is an expert of applying modern technology to legacy engine applications. “Hans is the kind of engine and industry pro that will truly be an asset to our Cooper customers,” said John Sargent, Cooper CEO. “He’s a guru when it comes to engine reliability, fuel efficiency, and combustion stability.

Cooper Machinery Services to Acquire HOERBIGER’s Engine Legacy Solutions Business Unit

Cooper Machinery Services to Acquire HOERBIGER’s Engine Legacy Solutions Business Unit

HOUSTONJan. 13, 2020 /PRNewswire/ — Cooper Machinery Services (“Cooper”), a portfolio company of Arcline Investment Management and the former Reciprocating Compression division of Baker Hughes, today announced the strategic acquisition of HOERBIGER’s Engine Legacy Solutions business. This action advances Cooper’s position as the technical leader of mission-critical compression and engine systems.

HOERBIGER’s Engine Legacy Solutions business provides repairs, overhauls, upgrades and emissions advancements for large reciprocating, natural gas and dual fuel engines. HOERBIGER’s management team and a total of 30 employees from various locations will be retained and join Cooper as part of the transaction.

“We are very pleased to add the Engine Legacy Solutions business to our Cooper portfolio. With this acquisition, the technical expertise of the Cooper organization, and our ability to assist our customers with the long-term preservation of their reciprocating horsepower, just took a giant step forward,” said Cooper CEO, John Sargent

About Cooper Machinery Services  
Cooper Machinery Services, the former Reciprocating Compression division of Baker Hughes, is the original equipment manufacturer (“OEM”) and supplier of parts and services to a large installed base of highly respected brands. The company’s OEM brands include Cooper-Bessemer, Ajax, Superior, Gemini, Enterprise, TSI, CSI, TXC, and Joy.  Cooper also provides parts and services for non-Cooper brands such as Worthington, Clark, and Ingersoll Rand.  Manufacturing is conducted in its facilities in Houston, TexasPonca City, Oklahoma, and Salina, Kansas, while on-site services are delivered through its extensive network of field technicians operating out of fully equipped repair and overhaul shops strategically located around the U.S.

Contact (For Press Inquiries Only):  
Julie Oakes  
Joele Frank, Wilkinson Brimmer Katcher  
(212) 355‐4449 

 

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SOURCE Arcline Investment Management

Cooper Adds Industry Veteran as Chief Marketing Officer

Cooper is pleased to announce the appointment of Matt Forcey to the position of Chief Marketing Officer

Cooper Machinery Services has hired Matt Forcey as its chief marketing officer. Forcey has 20 years of compression industry experience, all with Cameron International’s Compression Systems division. In his new role, Forcey will manage marketing, pricing, and sales leadership for channel partners, key accounts, and international. 

“Matt is an industry veteran who will provide credibility and experience to our new Cooper organization. Our goal is to fill our management team with compression experts who understand our industry and it’s customer’s needs. Matt’s background fits this strategy.”  said John Sargent, Cooper CEO.

Cooper Machinery Services to Acquire Sinor Engine Company

HOUSTONJan. 8, 2020 /PRNewswire/ — Cooper Machinery Services (“Cooper”), a portfolio company of Arcline Investment Management and the former Reciprocating Compression division of Baker Hughes, today announced the strategic acquisition of Sinor Engine Company, Inc. (“Sinor”). This action advances Cooper’s position as the leading manufacturer and service provider of mission-critical compression and engine systems.

Founded in 1962 and based in Deer Park, Texas, Sinor is a provider of OEM-parts, expert repair and responsive field services on prominent engine and compressor brands including Superior®, JOY and Elliott™ Turbochargers. Sinor has the capabilities to overhaul and test engines in their Texas facility and specializes in both shop and field service.

“We are very excited to add Sinor Engine Company to our Cooper family. Sinor’s reputation for quality and customer service is unmatched in the compression industry, and we will make them our center-of-excellence for the high-speed and small bore engine-compressor product line,” said Cooper CEO, John Sargent

About Cooper Machinery Services

Cooper Machinery Services, the former Reciprocating Compression division of Baker Hughes, is the original equipment manufacturer and supplier of parts and aftermarket services to a large installed base of highly respected brands. The company’s brands include Cooper-Bessemer, Ajax, Superior, Gemini, Enterprise, TSI, CSI, TXC, and Joy. Manufacturing is conducted in its facilities in Houston, TX and Salina, KS, while on-site services are delivered through its extensive network of field technicians operating out of fully equipped repair and overhaul shops strategically located around the U.S.

Contact (For Press Inquiries Only):
Julie Oakes
Joele Frank, Wilkinson Brimmer Katcher
(212) 355‐4449  

SOURCE Arcline Investment Management

Cooper Acquires Two Companies, Appoints CEO

Cooper Machinery Services, part of Arcline Investment Management, has acquired two compression companies – Epic International and Reciprocating Technology Services (RTS).

Epic International’s energy services business provides OEM-quality parts, field services and repairs on engine and compressor brands, such as Cooper OEM brands. The acquisition includes the company’s Houston, Texas and Ponca City, Oklahoma facilities.

Reciprocating Technology Services, headquartered in Houston, Texas, provides field services and aftermarket parts to its reciprocating engine and compressor clients.

Along with the acquisitions, Cooper also appointed John Sargent as its chief executive officer, effective immediately. Sargent has more than 25 years of domestic and international compressor experience, servicing as the CEO of Epic, as well as spending the last 20 years in various sales and operations roles.

Cooper Machinery Services to Acquire Epic International and Reciprocating Technology Services and to Appoint John Sargent as CEO

Turbocharger Solutions International (TSI) emerges as Cooper’s new service extension

HOUSTON, Sept. 25, 2019 /PRNewswire/ — Cooper Machinery Services (“Cooper”), a portfolio company of Arcline Investment Management and the former Reciprocating Compression division of Baker Hughes, today announced the strategic acquisitions of Epic International and Reciprocating Technology Services, as well as the appointment of John Sargent as Chief Executive Officer, effective immediately. These actions advance Cooper’s position as the leading manufacturer and service provider of mission-critical compression and engine systems.

Epic International’s (“Epic”) energy services business is a provider of OEM-quality parts, expert repair and responsive field services on prominent engine and compressor brands, including many Cooper OEM brands. The acquisition includes the company’s facilities in Houston, Texas and Ponca City, Oklahoma.

Reciprocating Technology Services (“RTS”) provides agility, innovation and experience delivering modernization, optimization, aftermarket parts and high quality field services to their reciprocating engine and compressor clients. The company is headquartered in and provides these services from its Houston, Texas facility.

John Sargent is a compressor industry veteran with over 25 years of domestic and international experience. Most recently, John served as Chief Executive Officer of Epic and spent the last two decades in various sales and operations roles.

“I am proud and honored to be leading the new Cooper,” said Mr. Sargent. “The acquisitions of RTS and Epic bring together the best technical people in the industry and world-class facilities but more importantly it signals a strong commitment to our customers: that we will keep their existing equipment running, better than ever.”

A Return To Independence

With roots that can be traced back to 1833, the Cooper brand has a strong heritage in the oil and gas industry. In its 186-year history, it has been part of Bessemer, Cameron, GE, and Baker Hughes, a GE Company (BHGE). In August, BHGE sold its Reciprocating Compressor Division to Arcline Investment Management, a private equity firm with offices in San Francisco and New York, USA. The deal introduces Cooper Machinery Services and effectively returns the Cooper brand to independent operation for the first time in decades.

Headquartered in Houston, USA, Cooper Machinery Services now takes ownership of such stalwart brands as Cooper-Bessemer, AJAX, Superior, Gemini, Enterprise, TSI Turbochargers, and Texcentric. “There is a lot of nostalgia with the Cooper brand,” said Meraj Anas, president, Cooper Machinery Services. “We reached out to our employees around the world and asked them to give us their recommendation on the company name. Over the course of three days, we received over one hundred suggestions. More than 90% of those had Cooper in the name. There’s a lot of pride there. We came up with Cooper Machinery Services to pay tribute to the Cooper heritage that began in 1833 and to bring the brand back to the spotlight.”

Anas points to the speed at which the company moved to finalize its name and branding as an indication of what lies ahead. “Speed of decision-making is something that we’re …

Click here to read the entire article in the September issue!

This article appears in the September 2019 issue of Gas Compression Magazine. You can read the entire article right now by clicking the link above.

Arcline Investment Management to Acquire the Reciprocating Compression Division of Baker Hughes, a GE Company

HOUSTON, July 18, 2019 /PRNewswire/ — Arcline Investment Management (“Arcline”), a growth oriented private equity firm with $1.5 billion of capital under management, today announced that it has signed a definitive agreement to acquire the Reciprocating Compression division of Baker Hughes, a GE company (NYSE: BHGE).

The Reciprocating Compression division (“the Company”) manufactures and services mission-critical compression and engine systems that are used in a variety of applications, including the transmission of natural gas across domestic and international pipelines. The Company is the original equipment manufacturer and supplier of parts for its systems and provides overhaul and repair services to its customers. These customers operate a large installed base of its highly respected brands, including Cooper-Bessemer, Ajax, Superior, Gemini, Enterprise, TSI, CSI, TXC, and Joy. Manufacturing is conducted in its facilities in Houston, TX and Salina, KS, while on-site services are delivered through its extensive network of field technicians operating out of five fully equipped repair and overhaul shops strategically located around the U.S.

Arcline commented, “BHGE’s Reciprocating Compression division serves the most critical infrastructure applications of its customers. We plan to aggressively invest in our long standing, loyal employee base so that they can support every brand of our equipment operating in the field.”

Robert W. Baird & Co. served as financial advisor to Arcline in connection with the acquisition.

About Arcline

Arcline is a private equity firm with $1.5 billion in capital, investing in niche, market-leading companies that we are passionate about growing. We approach investments from multiple perspectives, but share a single vision — to identify and unlock the breakout potential in our companies. While we are deliberately sector generalists, some of our primary interest areas include Industrials, Technology, Life Sciences, and Specialty Chemicals.

Contact Information:
contact@arcline.com
(415) 801-4570
www.arcline.com

Contact (For Press Inquiries Only):
Julie Oakes
Joele Frank, Wilkinson Brimmer Katcher
(212) 355‐4449

SOURCE Arcline Investment Management