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Denver, CO (30th January 2023): GPT Industries (GPT) โ the worldโs leading manufacturer of critical pipeline sealing and electrical isolation products โ is excited to announce that we have been acquired by Branford Castle Partners II, L.P. Branford Castle is a private market investor focusing on lower-middle-market investments, with a more than 30+ year history of helping businesses to grow.
Since 2012, GPT (formally Pikotekยฎ & PSIยฎ) has been an operating division of Enpro industries (NYSE:NPO). We would like to acknowledge their support and guidance and wish them continued success in the future.
Branford Castle Partners brings a tremendous amount of experience and expertise in industrial/specialty manufacturing and a proven history of building strong relationships. Branford has teamed up with existing management to build the newly independent company.
GPT will continue to be led by Darin Lane and supported by his existing leadership team. Darin will be in the role of President of GPT Industries. Commenting on the sale Darin said, โWe look forward to our next stage of growth in partnership with Branfordโ and โWith Branfordโs support, we are ready to hit the ground running with our growth initiativesโ.
This exciting new chapter will allow GPT to strengthen our portfolio of industry leading Isolation and sealing solutions. Positioning us to develop and grow in new markets and geographies while enabling us to better serve our existing customers and channel partners.
As we transition away from Enpro industries, GPT leadership team would like to reassure our valued customers and channel partners that operating conditions will not be affected. We appreciate your continued support as we build and grow a stronger future together.
The balance between oil production and reducing greenhouse gas emissions is a difficult one to strike; fortunately new technologies can help reduce pipeline emissions in a way that helps oil and gas companies keep pipelines flowing. In this whitepaper, we examine the role of flange isolation kits in improving pipeline emissions.
A water authority situated in Texas approached GPT industries to support a large-scale project with the aim of shifting underground well water to surface water. The project which spans 79.8 miles of pipeline, was mandated with reducing groundwater reduction to 60% surface water by 2025, and 80% by 2035.
Eliminating leakage and ensuring long term efficiency of the pipeline was of paramount importance if they wanted to meet the targets laid out. Flange connections were identified as key consideration due to the potential risks posed from leakage and corrosion.
GPT now offers a new model of Ranger II casing spacers that can support outside diameters up to 98.43". Made from strong yet flexible UV-resistant polypropylene, Ranger II GKO casing spacers provide a highly versatile, cost-effective means of isolating carrier pipe within casing pipe for a wide variety of applications. These all non-metallic spacers contain no nuts, bolts washers or any other metal parts to corrode or degrade over time, and can even be used to replace existing specified stainless steel casing spacers.
With diameter size ranging from 0.83" to 98.43" and easy assembly with a patented Slide-Lock connecting system, Ranger II casing spacers reduce inventory requirements, are highly resistant to cracking, have high impact strength, excellent compressive strength and a wide temperature range. Short lead times and low shipping cost make the full line of Ranger II casing spacers including the new GKO both safe and economical.
Industry Reference:
Water, Waste Water, and Desalination