Rock Hill Capital Group, a Houston-based private equity firm, announced that it has closed on a majority recapitalization of Big Lake Services, a Texas oilfield services provider operating throughout the Permian Basin.
Big Lake, founded in 2006 by CEO Casey Davidson, boasts a management team with over 150 years of Permian Basin experience. The company provides critical maintenance, completion and workover services to some of the most prolific exploration and production companies in West Texas, many of which have been customers since Big Lake’s inception. Since the company’s founding, management and key personnel have grown the business from three workover rigs to 22 currently.
Big Lake represents the second investment by Rock Hill’s second fund – Rock Hill Capital II LP.
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