“At Standard Pump Parts our mission is to manufacture and supply fluid end expendables for plunger pumps and centrifugal pump parts to all pump retailers and OEMs. Today, Standard has broadened its product lines to include most types of fluid-end expendables for all major pump brands. Red Beard Capital made a minority investment with a successful and seasoned private equity group based in Dallas, Hicks Equity Partners. Red Beard Capital has contributed both capital and strategic expertise to assist our partners in their goal of product and customer expansion.”
Red Beard Capital, LLC owns and operates multiple franchise locations including “Great American Cookies - Marble Slab Creamery – Pretzelmaker”. The company most recently invested in an off-mall strategy combining Great American Cookies & Marble Slab Creamery in one location. Red Beard Capital continues to look for opportunities within the food and beverage industry, bringing both capital and strategic expertise to their investors and operating partners.
Bear Pipe & Tool was formed in 2018 along side of their strategic partners: Red Beard Capital, Tarpon Pipe & Supply and Derek Ware. Bear Pipe & Tool is located in Midland and proudly locally owned and operated. Bear Pipe provides customers the highest quality OCTG material for downhole tubular rental, pipe racks, and handling tools compatible with the rental tubular strings. Red Beard Capital is currently looking to add additional companies and service lines to their energy service division.
In 2020, Red Beard Capital partnered with their advisor, John Lowery, to create a non-operated working interest fund. Red Beard Capital closed on the non-operated working interest fund in April of 2021. This project was launched after brokering and monitoring activity within the core of the Midland Basin since 2016. Red Beard Capital currently manages their working interest position in over 24,000 gross acres along side of its strategic advisory council.