HOUSTON, Dec. 19, 2017 /PRNewswire/ -- Pelican Energy Partners ("Pelican"), a Houston based private equity firm specializing in oilfield service and equipment investments, today announced the promotion of John O'Brien to Managing Director.
"We are pleased to announce the promotion of John O'Brien to Managing Director," commented Mike Scott, Founder and Managing Partner of Pelican. "John was one of the first employees at Pelican and has had a large influence in shaping the strategy and culture of the firm. John's contributions have been invaluable and we anticipate that his leadership will enhance the growth and profitability of the firm as he continues to distinguish himself as a world class investor."
Mr. O'Brien joined Pelican in 2013 as a senior associate and quickly rose to become one of the senior members of the team. Mr. O'Brien currently serves on the Board of Directors of Global Heat Transfer and Q2 Artificial Lift. Additionally, Mr. O'Brien works with Rapid Rod Service and Elite Production Services. Mr. O'Brien helped facilitate the sale of Downhole Technology to Schoeller Bleckmann Oilfield Equipment in April 2016, the sale of Multilift Welltec to Forum Energy Technologies and was instrumental in the sale of Flowco Production Solutions in November of 2017 to Global Energy Capital.
Mr. O'Brien has nearly 20 years of corporate finance experience, including investment banking, merchant banking and corporate development, and has primarily served the energy industry in these capacities. Prior to joining Pelican, Mr. O'Brien spent ten years in investment banking working with both the GulfStar Group and Morgan Keegan where he held senior investment banking positions. During his time there, Mr. O'Brien completed over 60 transactions with an aggregate transaction value over $5.0 billion.
Mr. O'Brien earned an MBA from Texas A&M University and a BBA in finance from Northeastern University. He serves on the board of the Houston Chapter of the Young Professionals in Energy.
Pelican Energy Partners
Pelican Energy Partners is a Houston-based private equity fund specializing in strategic investments in small to middle-market energy service and equipment companies with high growth potential and sustained earnings outlooks. The firm has raised $330 million of committed capital and is investing out of its second fund.
Contact: Mike Scott
Pelican Energy Partners
SOURCE Pelican Energy Partners