FORT WORTH, Texas, Oct. 13, 2015 /PRNewswire/ -- The Board of Directors of Epic Lift Systems LLC. ("Epic" or the "Company") is pleased to announce the appointment of David Nemeskal as Chief Executive Officer, effective immediately. David joins Epic following a successful private equity career, most recently at Epic's majority stakeholder, Intervale Capital. Nemeskal will be based at the Company's headquarters in Fort Worth, Texas.
During his tenure with Intervale, Nemeskal managed several investments, including Epic, Aegis Chemical Solutions and Antelope Oil Tools. Prior to Intervale, Nemeskal co-founded and served as Chief Executive Officer of a social media marketing firm, and had a lengthy private equity career at Fidelity Equity Partners.
"Epic has a differentiated product portfolio, a culture of customer service and has built a track record of success in the artificial lift market segment. I am honored to have the opportunity to lead an organization of exceptionally talented individuals as we seek to capitalize on the vast opportunities available to the company," Nemeskal said.
Schuyler Kuykendall, co-founder of Epic, said, "I have come to know David well over the last two years and look forward to working with him. David's experience in scaling businesses in the artificial lift and the broader oilfield services market make him a tremendous asset to the company going forward. I am pleased to put the strategic direction of Epic and its employees in David's capable hands."
Charles Cherington, Managing Partner at Intervale Capital, added "We are pleased to announce David's appointment as Chief Executive Officer. We believe David's history of success at Intervale and in the artificial lift market will lead to outstanding results in his new role as CEO of Epic Lift Systems."
About Epic Lift Systems:
Epic Lift Systems ("Epic") enhances oil and gas well production by providing artificial lift solutions to E&P companies. Epic provides a suite of products and services including plunger lift, gas lift, and wellhead compression solutions. The Company is headquartered in Fort Worth, Texas and has operations in Texas, Oklahoma, New Mexico, Louisiana, Colorado, Utah, Wyoming, Pennsylvania, Ohio and West Virginia.
Company website: http://www.epiclift.com
About Intervale Capital:
Intervale Capital is an energy-focused private equity firm with offices in Houston and Boston. Intervale invests primarily in middle-market oilfield services and manufacturing companies and related technologies. The firm has raised $1.3 billion of committed capital since its inception in 2006 and is currently investing from its third fund.
Intervale portfolio companies include Aegis Chemical Solutions (oilfield chemicals, water treatment and water transfer), Allied Oil & Gas Services (cementing and acidizing services), American Disposal Services (disposal of injectable drilling and production waste), Antelope Oil Tool (casing and cementing products), Certus Energy Solutions (diversified oilfield rental equipment), Energes Oilfield Solutions (well flow control and safety services), Epic Lift Systems (artificial lift and compression), Tier 1 Energy Solutions (wireline and completions in Canada) and TRF Energy Solutions (remote power generation, flare capture and gas fueling).
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SOURCE Intervale Capital