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03/14/2012

Tulsa Power, Inc.

A Powerful New Acquisition

A 38-year industry veteran, Tulsa Power, headquartered in Tulsa, Oklahoma, manufactures specialty, proprietary, branded material handling equipment used in the manufacturing and handling of wire, cable, hose, pipe, tube and other flexible materials. End users include cable and wire manufacturers and distributors, and equipment manufacturers that incorporate Tulsa Power components into their products (e.g., construction, mining and drilling equipment manufacturers).

Tulsa Power services the oil and gas, marine, telecom, power, hose, pipe, tube and wire rope industries. Products include drill line spoolers, wireline units, umbilical reels, raw water reels, the Reel Thing®, cablers, take-ups, and general spoolers.

"Tulsa Power has exhibited excellent historical organic growth," said Frank Pados, Managing Partner of Dubin Clark. "Dubin Clark plans to support both these current internal initiatives, as well as a focused acquisition-related strategy designed to augment and accelerate growth."

"We have enjoyed working with the Dubin Clark folks throughout the acquisition phase," said Mike Spence, CEO of Tulsa Power. "They have demonstrated a considerate and honest approach throughout the transaction. Our team looks forward to capitalizing on their expertise and resources as we continue to grow our business..."