November 2012 Newsletter
Mass. Capital is pleased to announce that its long time portfolio company Fiberspar Corporation has been acquired by National Oilwell Varco (NYSE: NOV). Fiberspar manufactures and supplies advanced spoolable fiber-reinforced composite pipe for oilfield operators. Fiberspar’s primary product line, marketed as LinePipe™, is used by crude oil and natural gas producers in surface applications which benefit from LinePipe’s rapid installation process and its corrosion resistance. Mass. Capital first invested in Fiberspar twenty-five years ago and again in 2007. In 2010 [...]