EIV Capital has announced a $20 million investment commitment to Gazelle Transportation, a leading crude oil transportation and fluid management logistics company. This financial backing is set to propel Gazelle Transportation’s expansion and enhance its top-tier service offerings in the energy sector.
Gazelle Transportation, based in Bakersfield, California, specializes in providing crucial midstream services within the California oil production region. Their expertise spans across crude oil transportation, ensuring safe and reliable delivery for a diverse clientele. Additionally, their fluid management division offers comprehensive solutions including water and waste hauling, alongside portable storage tank rentals, creating an integrated service package for their customers. The company prides itself on an exceptional safety record and a deeply ingrained culture that prioritizes both outstanding service and environmentally responsible operations.
Ron Lallo, Chief Executive Officer and President of Gazelle Transportation, expressed enthusiasm about the partnership, stating, “Having EIV as a partner to support Gazelle’s vision of furthering its status as an industry leader in crude oil transportation and fluid management services is invaluable. Securing a knowledgeable partner like EIV at this point is a testament to our team’s quality and our commitment to delivering exceptional, incident-free service to the energy industry.”
Jenny Gottschalk, Partner at EIV Capital, also commented on the investment: “We are excited to partner with Gazelle Transportation and support their continued growth. Gazelle’s strong reputation as a socially, environmentally, and safety-conscious company makes them ideally positioned to broaden their operations and continue delivering world-class customer service within the crude oil transportation and logistics landscape.”
About Gazelle Transportation
Celebrating over two decades in operation, Gazelle Transportation is a recognized leader in the oil and gas industry. They are known for providing dependable, safe, and cost-effective services, equipping their drivers with superior equipment and advanced technology to ensure maximum safety and efficiency. For further details, please visit https://gazelletrans.com.
About EIV Capital
EIV Capital, established in 2009 and located in Houston, TX, is a private equity firm focused on growth investments within the energy sector. Their management team brings extensive experience in leading and investing in successful energy companies, particularly in midstream infrastructure and related services. More information is available at www.eivcapital.com.
CONTACT:
Gazelle Transportation
Ron Lallo
(661) 322-8868
[email protected]
EIV Capital, LLC
Jenny Gottschalk
(713) 353-2777
[email protected]
