White Deer Energy Pours $52M into O-Tex Pumping

Private equity firm White Deer Energy has invested $52 million into O-Tex Pumping, including $42 million for existing equity and $10 million to acquire newly issued shares. O-Tex will use the proceeds to expand its cement pumping truck fleet and to open additional locations. Houston and New York-based White Deer has about $821 million under management and focuses on investments in energy exploration and production.

DealsNorth AmericaUSBriefs