Reel Power acquired by StoneTree Investment Partners

StoneTree Investment Partners has acquired Reel Power International, including its Oklahoma City headquarters and manufacturing facility and its Houston‑based Marine & Energy business. Reel Power plans to leverage the new ownership to invest in technologies that enhance safety, efficiency and reliability for wire and cable handling and offshore energy customers.

StoneTree Investment Partners, a Dallas‑based private equity firm, has acquired Reel Power International, a capital equipment supplier that serves multiple industrial sectors. The deal covers Reel Power’s headquarters and large manufacturing facility in Oklahoma City, Oklahoma, where the company produces equipment for reeling, coiling, spooling and handling wire and cable.

Reel Power CEO Joe Henry said the partnership will help the company accelerate innovation and broaden what it can deliver for customers by investing in new technologies and solutions that improve safety and efficiency in day‑to‑day operations. He emphasized that Reel Power’s collaborative approach and emphasis on reliability have fostered long‑standing relationships with leading companies in the wire and cable, medical, consumer and energy markets.

Reel Power Industrial (RPI) will continue to operate from its existing Oklahoma City site under the new ownership, maintaining continuity for its current customer base. The transaction also includes Reel Power Marine & Energy, which is headquartered and manufactures in Houston, Texas, and supports offshore and energy‑sector applications with specialized handling and deployment equipment.

Share
Subscribe to the Wire Journal

Wire Journal International (WJI) is the leading technical publication for the wire and cable industry.

Published monthly, WJI is written for executives, engineers, technical and sales professionals, and purchasing agents engaged in the manufacture of ferrous and nonferrous wire and cable.

WJI Feature Stories

See a preview of the most recent Wire Journal International feature. Subscribe to the FREE publication to read the entire issue.

Related Stories