NGP Energy Technology Partners II, L.P. specializes in investments in PIPEs, growth capital, late stage, and small buyout opportunities. The fund also provides capital to companies to pursue acquisition and consolidation strategies. It typically invests in companies that develop energy technologies and provide technology driven products and services to companies across the energy spectrum including companies involved in oil and gas, power, new energy requirement, electricity delivery and use, and alternative energy. The fund typically invests between $5 million and $25 million per transaction in companies having current revenues between $5 million and $10 million. It prefers to lead transact...
1700 K Street NW
Washington, DC 20006
Founded in 2008
Natural Gas Partners and NGP Energy Technology Partners Announce Formation of The Catapult Group
Oct 11 13
Natural Gas Partners, through its most recent fund, NGP Natural Resources X, L.P., and NGP Energy Technology Partners II, L.P. have made a significant capital commitment to establish The Catapult Group. Catapult invests primarily in start-up oilfield services companies established by experienced, entrepreneurial managers. In addition to providing startup capital to Affiliates to fund general overhead and capital expenditures, Catapult will provide back-office services such as systems and consulting in accounting, finance, human resources, IT, legal, HSE and risk management services. These services help accelerate the launch of the business and serve as a resource to assist Affiliates in the growth of their companies. Catapult also provides board-level support throughout the life of the Affiliate, leveraging off of the experience and knowledge of the Catapult team, other Affiliates and NGP. By providing these services and resources, Catapult allows the senior management of its Affiliate companies to place their primary focus on what matters most in operating their company, particularly their customers, employees, services, equipment and safety.