Ara Partners-backed Priority Power Closes Acquisition of EE Partners

Posted: September 04 , 2019

Priority Power Expands Specialized Electrical Engineering and Technical Services Resources MIDLAND, ARLINGTON and HOUSTON, TX, September 4, 2019 – Priority Power Management, LLC (“Priority” or the “Company”), an independent energy management services and consulting firm headquartered in Midland, Texas, has closed on the acquisition of EE Partners, Ltd. (“EEP”). Priority is backed by Ara Partners Group (“Ara Partners”), an industrial private equity firm that invests in companies with sustainable competitive…

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Ara Partners Expands Senior Investment Team

Posted: April 22 , 2019

Experienced New Hires Bolster PE Firm’s Operational and Technical Depth HOUSTON, TX, April 22, 2019 – Ara Partners Group (“Ara Partners”), an industrial private equity firm that invests in companies with sustainable competitive advantages, has expanded its senior investment team through the addition of Jim Mahoney as Operating Partner and Johanna Schmidtke as Principal. Both bring extensive operational and technical experience that closely aligns with Ara Partners’ investment strategy. “The…

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Priority Power Management Hires Justin Courtney As Chief Financial Officer

Posted: March 18 , 2019

Veteran Industry Dealmaker Joins Leading Energy And Power Management Company HOUSTON and MIDLAND, Texas, March 18, 2019 /PRNewswire/ — Priority Power Management, LLC (“Priority” or the “Company”), an independent energy management services and consulting firm headquartered in Midland, Texas, today announced the hiring of Justin Courtney as Executive Vice President and Chief Financial Officer. Priority is backed by Ara Partners Group (“Ara Partners”), an industrial private equity firm that invests…

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Ara Partners Announces Significant Investment in Priority Power Management

Posted: February 11 , 2019

Industrial-Focused Private Equity Firm Partners with Leading Energy & Power Management Platform HOUSTON, TX and MIDLAND, TX, February 11, 2019 – Ara Partners Group (“Ara Partners”), an industrial private equity firm that invests in companies with sustainable competitive advantages built upon greater resource efficiency, today announced a significant investment in Priority Power Management, LLC (“Priority Power”), an independent energy management services and consulting firm headquartered in Midland, Texas. Financial terms…

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Ara Partners Announces Majority Investment in Centric Gas Services

Posted: October 01 , 2018

Private Equity Firm Partners with Leading Local Gas Distribution Platform HOUSTON, TX, October 1, 2018 – Ara Partners Group (“Ara Partners”), an alternative asset manager focused on the industrial, chemicals & materials and energy sectors, today announced a majority investment in Centric Gas Services, LLC (“Centric”), a local gas distribution platform headquartered in Magnolia, Texas. Centric operates four local gas distribution companies and three gas transmission pipeline companies in high-growth…

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Ara Partners Group Expands Senior Investment Team

Posted: September 07 , 2018

Bolsters Sector Experience, Operational Capabilities and Technical Depth HOUSTON, TX, September 7, 2018 – Ara Partners Group (“Ara Partners”), an alternative asset manager focused on the industrial, chemicals & materials and energy sectors, has expanded its senior investment team to include three experienced executives: Cory Steffek as Managing Director, Grant Haddix as Operating Partner and James Wang as Principal. They join Managing Partners Charles Cherington and Troy Thacker to comprise…

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Capital Constellation and Ara Partners Group Announce $150 Million Strategic Partnership

Posted: July 16 , 2018

Capital Constellation Backs Ara Partners, a Diversified, Next-Generation Private Equity Platform with ~$2.4 Billion in Assets Under Management NEW YORK, N.Y. and HOUSTON, TX, July 16, 2018 – Capital Constellation (“Constellation”), a provider of catalytic investment capital to next-generation investor entrepreneurs, today announced the closing of a $150 million strategic partnership with Ara Partners Group (“Ara Partners”), a private equity platform investing in middle-market opportunities across the global energy and…

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