Precision Piping Products Secures Investment for Innovative Pipeline Protection Solutions

Precision Piping Products (P3), a Houston-based manufacturer known for its innovative flange protectors, has recently secured a significant investment from a consortium led by 7 Seas Capital and Tico Capital Partners. This move underscores the increasing demand for advanced solutions in pipeline protection and preservation, a critical aspect of maintaining infrastructure integrity.

Since its establishment in 2014, P3 has distinguished itself in the market through its patented adhesive process and proprietary solutions aimed at protecting flanges and pipes from corrosion and debris during crucial phases like transportation and construction. The company's technology offers a competitive edge by ensuring superior protection for essential infrastructure components, thereby addressing a vital need in the industrial services sector.

The investment was co-led by Atlanta-based 7 Seas Capital and Tico Capital Partners, with additional participation from Parkway Capital and Pine Street Capital Partners. Parkway Capital, known for its focus on companies with annual revenues around $10 million and EBITDA of $2 million, has a strong track record, having deployed over $500 million across more than 70 portfolio companies. This investment in P3 not only highlights the potential of innovative industrial solutions but also reflects the confidence of leading investment firms in the company's growth trajectory and its role in enhancing infrastructure durability and safety.

Calvert Street Investment Partners, the parent company of Parkway Capital, has a history of supporting middle-market companies through equity buyouts and mezzanine investments, with over $1.1 billion invested in more than 145 companies to date. This investment in P3 is a testament to the growing recognition of the importance of innovative technologies in safeguarding critical infrastructure, offering promising implications for the industry's future.