Articles from ORIX Capital Partners

ORIX Capital Partners (“OCP”), the private equity group of ORIX Corporation USA, today announced the sale of Specialty Welding and Turnarounds (“SWAT”), a leading provider of specialty welding and other highly technical turnaround services, to Brown & Root Industrial Services, owned by One Equity Partners and KBR. Hastings Equity Partners sold its minority position as part of this transaction.

ORIX Capital Partners (OCP) today announced the appointment of George S. Rogers as Executive Chairman of Optimal, OCP’s digital performance marketing portfolio company. Mr. Rogers will also join Optimal’s Board.

Specialty Welding and Turnarounds, LLC (SWAT), a leading provider of highly technical maintenance services to the chemical, refinery, renewable, and industrial markets, announced today the acquisition of Midwest Cooling Tower Services (MWCTS or Midwest) from Dorilton Capital. Headquartered in Krotz Springs, Louisiana, and with operations across the U.S., Midwest is a leading provider of mission-critical cooling tower solutions, including inspection, maintenance and repair, specialty distribution, and rental.

ORIX Capital Partners (“OCP”) today announced the acquisition of a majority interest in Odin (“Odin”), a leading environmental and geotechnical solutions provider. Odin is headquartered in Rocklin, California and provides high quality geotechnical construction, environmental remediation, levee and dam rehabilitation, mechanical dredging, habitat and wetland reconstruction and disaster recovery to clients in both the public and private sectors.

ORIX Capital Partners (OCP), a private equity platform of ORIX Corporation USA, announced the fund it manages has sold RoadSafe Traffic Systems, Inc. (RoadSafe) to Investcorp and Trilantic North America. Headquartered in Chicago, IL, RoadSafe is the nation's largest provider of traffic control and pavement marking services to roadway construction, state transportation, railroad and utility customers in the U.S. RoadSafe also distributes high quality, innovative and durable traffic safety products and personal protective equipment for traffic work zones. The company operates from more than 50 locations, enabling it to service all 48 continental states.

ORIX Capital Partners (OCP) announced the acquisition of a majority interest in Optimad Media LLC (Optimad), a leading tech-enabled performance marketing solutions provider serving customers across the Consumer Packaged Goods (CPG) and Film & Entertainment (F&E) segments. This investment is part of OCP’s focus on the digital performance marketing space, which OCP expects will benefit from strong secular growth trends as digital advertising spend continues to grow and advertisers continue to shift toward performance-based advertising strategies.