ORIX Mezzanine & Private Equity is pleased to announce a subordinated debt and equity investment in Renegade Well Services and Renegade Automation (“Renegade”). The investment supports the acquisition of Renegade by Corinthian Capital Group and positions the company to capitalize on opportunities to increase the breadth of its service offerings and expand into additional basins.
Based in Granbury, Texas, Renegade is a leading provider of recurring maintenance, repair, and overhaul (“MRO”) production and infrastructure services, operations and maintenance employee services, and automation services for oil and gas producers primarily in the Permian, Eagle Ford, Barnett and Utica shale plays.