Excellere Takes Majority Stake In Energy Services Co.

Law360, New York (August 21, 2012, 6:20 PM EDT) -- Colorado middle-market private equity firm Excellere Partners has completed a majority recapitalization of Integrated Petroleum Technologies, an oil and natural gas engineering consultant with hydraulic fracturing expertise, an Excellere spokeswoman said Tuesday.

Excellere said Monday that it had acquired an undisclosed stake in IPT, a Lakewood, Colo.,-based firm that specializes in the integration of oil and natural gas well technologies and drilling operations. A spokeswoman for the firm confirmed Tuesday that the deal is a majority recapitalization of IPT.

Financial details of the deal were not...
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