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Freestone Partners, LLC

Houston, Texas Private Equity Firm

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Partnership to Acquire P.A. Inc. (“PAI”).

PAI logo
Performance Alloys provides high quality piping materials in nickel, high nickel alloy, specialty stainless steel, and titanium. In addition to its extensive in-house inventory, the company provides custom fabricated components from its Houston location and has a solid history of providing high temperature and corrosion resistant parts to the specialty chemical industry.

October 5, 2007 //  by lanergyadmin

Freestone Partners, LLC, announced that it has partnered with company management to acquire P.A. Inc. (“PAI”). PAI is a Houston-based specialty distributor of nickel alloy pipe, tubing, fittings and flanges. PAI sells its products worldwide to maintenance, repair and operations distributors, pipe fabricators, engineering and construction companies, and end-users in the chemical and petrochemical industries. A Freestone Partners spokesman commented, “PAI is a focused, service-oriented company with first-rate suppliers and customers and a highly-experienced, dedicated management team. We are delighted to partner with management in this investment.” Lenders providing financing for the transaction include PNC Business Credit, Capital Point Partners and Stonehenge Capital.

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550 Post Oak Blvd, Ste 470
Houston, Texas 77027
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