Nations Capital Takes Charge of Rock Hard Cementing Assets
Nations Capital (NCI), a recognized leader in asset management and investment advisory services, has recently secured the role of exclusive sales agent for the assets of Rock Hard Cementing, LLC. The appointment comes as the company exits operations, following the retirement of its long-standing CEO, Shane Ailport, who dedicated over 40 years to the oilfield services industry.
Details of the Asset Sale
The asset pool available for sale is impressive, consisting of over 100 well-maintained items essential to the pressure pumping and cementing services sector. This collection includes body load cementing double pumpers and single pumpers, various bulk trailers, acid pumps, coiled tubing units, tractors, and light duty vehicles. Additionally, three bulk plants along with an array of tools, lab equipment, additives, and vital support gear are also part of this extensive auction. All assets are based out of Glenrock, Wyoming, and prospective buyers can expect a private treaty sale process. The final bid closing date is yet to be confirmed, promising an exciting opportunity for interested parties in the industry.
Expertise Behind the Sale
“We’re proud to partner with Rock Hard Cementing to manage the sale of these assets as Shane transitions into retirement after four decades of service to the oilfield industry,” expressed Wes Hardee, a Director at Nations Capital. The expertise of Nations Capital in conducting strategic private sales aims to ensure that the assets receive optimal market exposure.
Statements from Leadership
Shane Ailport, President of Rock Hard Cementing, reflected on his tenure, stating, “It has been an absolute privilege to serve our customers and community over the years. We’ve chosen to partner with Nations Capital because they understand the value of our assets and will ensure a competitive sale that delivers the highest recovery.” This sentiment underscores the commitment both entities share towards achieving favorable outcomes during this transition.
The Role of Nations Capital
Nations Capital is not just acting as a sales agent but also bringing a wealth of knowledge and experience to the table. Known for its strategic investments and asset remarketing, the firm stands out in providing tailored solutions in challenging market conditions. Their involvement ensures that all sales procedures are conducted with the highest level of professionalism and efficiency, keeping client satisfaction at the forefront.
About Nations Capital
Nations Capital, part of the Gordon Brothers collective, has established itself as a strategic partner for numerous clients across various commercial and industrial sectors. Their expertise not only lies in asset management but also extends to finance, restructuring, and insolvency advisory. With a base in Ohio and operations throughout North America, Nations Capital is dedicated to facilitating change and growth for its clients, ensuring that they navigate through transitions smoothly and sustainably.
About Rock Hard Cementing, LLC
Rock Hard Cementing, LLC has historically been a leader in land-based cementing and acidizing services within the Rocky Mountain Region. As the industry witnesses shifts and changes, this asset sale marks a pivotal moment in its operational landscape.
Frequently Asked Questions
What assets are included in the sale by Rock Hard Cementing?
The sale includes over 100 assets such as cement pumps, bulk trailers, acid pumps, coiled tubing units, tractors, and various related equipment.
Who will manage the sale of Rock Hard Cementing assets?
Nations Capital has been appointed as the exclusive sales agent for the asset sale.
Why is Rock Hard Cementing selling its assets?
The company has decided to cease operations following the retirement of its long-time CEO, Shane Ailport.
What is the process for participating in the asset sale?
The sales process will involve a private treaty sale, with details regarding the bid closing date to be announced soon.
How can interested buyers get more information?
For inquiries regarding the sale, buyers can contact Wes Hardee at Nations Capital via email.
