SigmaFlow has truly impressed us with its technology, customers, and team. Teakwood Capital looks forward to partnering with Jay and his team to expand SigmaFlow's footprint and products in rapidly growing markets.
Dallas, TX (PRWEB) January 22, 2013
Teakwood Capital is pleased to announce a material growth equity investment in SigmaFlow, a leader in Business Process software solutions for achieving operational excellence and compliance in emerging energy production and distribution markets.
SigmaFlow's software platform provides customers unprecedented visibility into real-time business data and analytics thus delivering increased productivity, consistency, and quality while lowering costs. The platform is currently tailored for upstream oil and gas Well Process Management (“WPM”) and the power industry’s North American Electric Reliability Corporation (“NERC”) compliance management processes. The company plans to expand its offerings as it incorporates industry-specific domain knowledge for adjacent markets.
The Plano, Texas based company has an impressive customer roster, including large multinationals, top-tier energy exploration and production companies, and leading utilities.
"Teakwood's investment will allow SigmaFlow to quickly boost its sales and marketing efforts to meet market demand and enhance its product capabilities. In addition, we are excited to leverage the operational experience and financial knowledge of Teakwood Capital's principals to maintain our strong growth trajectory, said Jay Holstine, CEO and Founder of SigmaFlow.
"SigmaFlow has truly impressed us with its technology, customers, and team. We look forward to partnering with Jay and his team to expand SigmaFlow's footprint and products in rapidly growing markets," added Shawn Kelly, Managing Director of Teakwood Capital. "This investment builds on Teakwood's strength and success by providing growth equity capital and company-building expertise in fast-growing software and SaaS companies."
About Teakwood Capital
Teakwood Capital is a Dallas, Texas private equity firm, that provides comprehensive equity financing in support of management teams aspiring to buy and grow companies. The firm's Managing Directors bring over 160 years of combined operational and financial expertise to assist companies in reaching their full potential. Teakwood invests primarily in profitable businesses in Texas and neighboring states, with revenues under $25 Million.
As a leader in Business Process Excellence software, SigmaFlow delivers standards, consistency, and productivity for upstream oil and gas Well Delivery processes, the power industry’s North American Electric Reliability Corporation (NERC) compliance management processes, and for Continuous Improvement Project Management. SigmaFlow products place a strong emphasis on embedding domain knowledge through process-driven template-based-architecture. The company serves a diverse global portfolio of customers in the mid-range and enterprise marketplace.