Race Rock Group

About Race Rock Group

Race Rock Group is a Houston-based private investment firm that makes control and growth-oriented investments in lower middle-market businesses across the U.S. Gulf Coast and Middle America states. It targets companies with trailing EBITDA of $5 million to $25 million that lack the resources to fully reach their potential. The firm takes majority control or well-protected minority positions. It invests across specialty rental equipment, chemicals, industrial services, manufacturing and fabrication, food and beverage, financial services, and real estate. Race Rock follows a buy, build, and hold-in-perpetuity approach, so its horizon is not limited by a traditional fund life. It deploys its partners’ capital directly and raises additional strategic capital deal by deal for larger opportunities, avoiding heavy debt loads for its companies. Portfolio companies include Newpark Resources, a supplier of environmentally sensitive products and specialty rentals, and an infrastructure platform spanning Structural & Steel Products and Highway Safety. The firm provides oversight, strategic direction, and introductions to its network of relationships.
People
  • William McCarthy, Vice President