JMH Capital said Wednesday that it has completed its buy of Tri-Star Protector. Financial terms weren’t disclosed. Houston-based Tri-Star is an oil field services company.
JMH Capital, a Boston based private equity firm, announced today that it completed the acquisition of Tri-Star Protector (“TSP”), a Houston, TX based oil field services company. TSP provides an environmental service to upstream oil & gas companies throughout North America and other international markets via the collection, refurbishment, and resale of pipe thread protectors.
Earlier this month, JMH announced the completion of an investment in Pneumatic Compression Technologies, LLC (“PCT”), formed to purchase the Vascular Products Division of Currie Medical Specialties (“CMS”), a Monrovia, CA based manufacturer of patented intermittent pneumatic compression pumps and replacement garments used in the prevention of deep vein thrombosis. JMH partnered with existing ownership and healthcare veteran Steve Simpson, who will serve as CEO of PCT. Mr. Simpson previously worked as CEO at Spheris, Inc. His experience also includes WebMD, Quintiles Envoy, Columbia/HCA, and Johnson & Johnson.
About JMH Capital:
JMH Capital is a private equity firm targeting investments in middle market companies which deliver exceptional value to their customers. Using its significant operating resources, JMH Capital creates value through strong working partnerships with owners and management.