BP Energy Partners LLC (BPEP) has closed on its acquisition of American Industrial Machine (AIM), a regional provider of mission-critical repair and maintenance services for natural gas compressors operating in West Texas and New Mexico. AIM specializes in repair, fabrication, and critical parts supply for compressor infrastructure used in the transportation of natural gas. The company exclusively focuses on aftermarket-based repair and maintenance service opportunities of regularly consumed parts. In addition to repair and maintenance, AIM also manufactures and sells replacement components and parts offering its customers complete turnaround.
“AIM’s strong culture of service, deep customer relationships, and history of growth support its unwavering value proposition and focus on the compressor irrespective of its source of power,” said Michael Watzky, managing partner of BPEP. “We look forward to partnering with the company and supporting its next phase of growth.”
Headquartered in Dallas, BPEP is a middle market private equity firm. BPEP was founded in 2012 and manages more than US$600 million in committed capital. Its investment portfolio includes Miratech, Sapphire Gas Solutions, and others.
