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Wynnchurch Capital invests in Loadmaster Derrick & Equipment

Wynnchurch Capital has partnered with existing management to make an equity investment in Loadmaster Derrick & Equipment, a provider of onshore and offshore drilling equipment.

Headquartered in Louisiana, Loadmaster has developed expertise in the design and fabrication of derricks and related equipment, which it provides to a global customer base.

Tommy Welsh and Tommy Hebert, the owners of Loadmaster, co-invested in the transaction and will continue to lead the company.

"Our partnership with Wynnchurch will enable us to pursue attractive acquisition opportunities and further develop our growing product portfolio,” says Welsh. “After considering several potential financial partners, Wynnchurch stood out due to its industry expertise and collaborative approach to strategy development.”

"We are proud to partner with Loadmaster, a leader in its field and with whom we share fundamental values. We will continue to actively assist them in implementing their growth strategy," says Dominic LaValle, managing director of Wynnchurch.

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