NSCP makes investment in Scada Solutions
CLEVELAND, OH - Ninth Street Capital Partners, a Cleveland-based private investment firm, has acquired a minority stake in Scada Solutions, LLC, which supplies quality automation parts and services to the energy industry in the western United States. Terms were not disclosed.
Scada Solutions is Ninth Street’s third energy services investment in as many years. Headquartered in Greeley, Colorado, Scada Solutions was founded in 2000 to supply the San Juan Basin with quality automation parts and service. Since then, the company has realized consistent growth and success due to its focus on quality products and people. The company now provides automation, telemetry, and measurement parts and services in the San Juan Basin, Colorado's Western Slope and Utah.
About Ninth Street Capital Partners
Ninth Street Capital Partners is an investment firm located near Cleveland, Ohio. It was founded in 2009 and makes lead investments in smaller middle market companies across a diverse range of industries. Ninth Street takes a hands-on operational approach, investing in growing niche-leading companies with revenues of $5 million to $50 million and EBITDA of $2 million to $10 million. More information on Ninth Street may be found at its website, www.ninthstreetcapital.com.