Rock Hill Backs Blackhawk Specialty Tools

Blackhawk Specialty Tools LLC, a Houma, La.-based maker of automated top drive cement heads for the deepwater offshore oil and gas industry, has raised an undisclosed amount of equity funding from Rock Hill Capital Group.

PRESS RELEASE

Rock Hill Capital Group (“Rock Hill”), today announced that it has made an equity investment in Blackhawk Specialty Tools, LLC (“Blackhawk” or the “Company”), an oilfield services company located in Houma, LA. Blackhawk, founded in April 2008, is a leading provider of premium automated top drive cement heads and related equipment and services to the deepwater offshore oil and gas industry operating in the U.S. Gulf of Mexico and Brazil.

“We are pleased that Billy and his team selected Rock Hill as their new equity partner”

Blackhawk was founded by an experienced energy sector management team, led by President and CEO, Billy Brown. Mr. Brown has started several businesses during his career and is a successful entrepreneur.

“We are pleased that Billy and his team selected Rock Hill as their new equity partner,” said Randall B. Hale, Founder and Managing Director of Rock Hill. “Billy and his team represent everything we look for in a partner; a seasoned operator with a proven track record in building a successful business. We believe that Blackhawk is well positioned for significant growth as it continues to expand its product offerings and services in other international markets as well as the domestic land drilling sector. We’re pleased to have the opportunity to be a part of Blackhawk’s continued success.”

“We were fortunate to have a number of respected private equity firms interested in our business model and are excited about the opportunity to partner with Rock Hill,” said Brown. “Rock Hill has a proven track record of helping companies grow and expand their business and shares our philosophy of building long term relationships with its business partners.”

Blackhawk and Rock Hill plan to expand the business through organic growth and select acquisitions. Further information regarding Blackhawk may be found at www.blackhawkst.com.

About Rock Hill Capital Group

Founded in 2008, Rock Hill Capital Group, LLC (www.rockhillcap.com) is a private equity investment firm that targets investments in growing middle to lower middle market companies with enterprise values of up to $75 million. Rock Hill seeks to assist successful entrepreneurial companies located in the southern United States to continue to grow and expand their business. Currently, Rock Hill has $50 million of committed capital under management through Rock Hill Capital I, L.P. Other portfolio companies include SouthWaste Holdings, LLC (www.southwaste.com) and Integrated AV Holdings, LLC d/b/a CCS Presentation Systems (www.ccsprojects.com).