Houston's Precision Piping Products Secures Investment to Bolster Pipeline Protection Innovations

Precision Piping Products (P3), a Houston-based manufacturer known for its innovative flange protectors, has recently secured a significant investment from a consortium led by 7 Seas Capital and Tico Capital Partners. This move underscores the increasing demand for advanced solutions in pipeline protection and preservation, a critical aspect of maintaining infrastructure integrity.

Since its establishment in 2014, P3 has distinguished itself in the market through its patented adhesive process and proprietary solutions aimed at preventing corrosion and debris accumulation on flanges and pipes during transportation and construction. These technologies not only offer superior protection but also contribute to the longevity and safety of critical infrastructure components.

The investment was co-led by Atlanta-based 7 Seas Capital and Tico Capital Partners, with additional participation from Parkway Capital and Pine Street Capital Partners. While the exact financial details remain undisclosed, Parkway Capital's involvement is particularly noteworthy. Known for investing in companies with annual revenues around $10 million and EBITDA of $2 million, Parkway Capital has a robust portfolio, having deployed over $500 million across more than 70 companies in various industries.

Calvert Street Investment Partners, the parent company of Parkway Capital, operates two main units: Parkway Capital, which provides junior capital solutions for lower-middle market companies, and Crescentia Capital, specializing in private equity. With over $1.1 billion invested in more than 145 middle-market companies, Calvert Street's backing of P3 signals strong confidence in the company's innovative approach and its potential to make a significant impact on infrastructure durability and safety.

This investment not only highlights the growing interest in innovative industrial solutions but also reflects the broader implications for the industry. By supporting companies like P3, investors are contributing to the development of technologies that enhance the safety and efficiency of critical infrastructure, ultimately benefiting the economy and society at large.