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Intervale Capital appoints two as VPs

Intervale Capital has named Jason Arnoldy and Patrick Conroy as vice presidents. Previously, Arnoldy was the co-founder of Recapture Solutions while Conroy worked at Goldman Sachs.


HOUSTON, Nov. 2, 2015 /PRNewswire/ — Intervale Capital (“Intervale”), an energy-focused private equity firm, is pleased to announce the additions of Jason Arnoldy and Patrick Conroy as Vice Presidents.

Jason Turowsky, Partner at Intervale, commented, “We are very fortunate to be able to add Jason and Patrick to the Intervale team. Prior to their joining Intervale, we worked with each on transactions and were impressed by their contributions.”

Patrick Connelly, Partner at Intervale, added, “We welcome Jason and Patrick and look forward to their playing crucial roles in deal sourcing, execution and portfolio monitoring. Both bring distinct skill sets that complement our investment team.”

Prior to joining Intervale, Jason Arnoldy co-founded Recapture Solutions, an oilfield services company that Intervale acquired in 2014. Before Recapture, he led restructuring and turnaround efforts for a private drilling services company, Arnco Technology. Jason started his career as an analyst at a multi-strategy capital management firm, Farallon Capital, where he worked with the Special Situations Group. Jason received his B.A. from the University of Denver with a major in International Business.

Patrick Conroy previously worked in the global natural resources investment banking group with Goldman Sachs. At Goldman, Patrick advised on a variety of capital markets and M&A transactions across the oil and gas industry. Prior to Goldman, Patrick was a process design engineer with Fluor, focused on downstream oil and gas processing facilities. Patrick received his B.S. in Chemical Engineering from Texas A&M University and his M.B.A. from Harvard Business School.

About Intervale Capital:
Intervale Capital is an energy-focused private equity firm with offices in Houston and Boston. Intervale invests primarily in middle-market oilfield services and manufacturing companies and related technologies. The firm has raised $1.3 billion of committed capital since its inception in 2006 and is currently investing from its third fund.