First Reserve Company Description
First Reserve Corporation fuels the companies that help fuel the world. The private equity firm invests in middle-market energy companies involved in such sectors as oilfield services, energy infrastructure and reserves, and renewable and alternative energy. The company's current portfolio includes stakes in more than 30 firms, including Brand Energy & Infrastructure Services and Dresser. In 2008 the company bought CHC Helicopter for more than $3 billion and UK-based drilling services company Abbot Group for nearly $2 billion. First Reserve's investor base is primarily comprised of corporations, endowments, foundations, governments, and public retirement funds.
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The Company Description provides a historical perspective of First Reserve's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of First Reserve's evolution in the marketplace.
