RWI Construction, Inc. Acquired by Sorenson Capital
RWI Construction, Inc. is a leading provider of recurring wellhead production and upstream infrastructure services to blue-chip oil and natural gas producers operating in the Permian Basin in Texas and New Mexico. RWI provides essential above-ground maintenance services for oil and natural gas well-sites, as well as the associated production gathering facilities and pipeline infrastructure. The company was founded in 1979 and is headquartered in Midland, Texas, with additional operations in Hobbs, New Mexico (100 miles from Midland). RWI operates in the Permian Basin, one of the largest and most active oil basins in the United States, expanding throughout southwest Texas and southeast New Mexico.
Sorenson Capital is a U.S. based, growth-focused investment firm. They invest in companies that are built by the vision and creativity of the people behind them. Sorenson offers flexible growth financing for minority or majority positions and believe in building strong partnerships rooted in collaboration and trust. Sorenson Capital has more than $1 billion in capital under management and typically makes investments of $10 to $40 million in companies with unique strategic positions. Sorenson Capital is based in Salt Lake City, Utah.