SCF Partners Names Sean Rice as a Managing Partner

Houston, Texas – February 4th, 2025 – SCF Partners, Inc. (“SCF”), a leading provider of private capital to the global energy services, equipment and technology sector, announces the appointment of Sean Rice as a Managing Partner of the firm. Going forward he will jointly lead SCF and share responsibility for the overall strategy and direction of the firm’s activities with SCF’s current Managing Partner, Andy Waite.

Founded in 1989 and based in Houston, Texas, SCF has invested over $3 billion of capital across ten funds and built many of the leading companies providing products and services to the global energy industry.

SCF Managing Partner, Andy Waite, commented, “SCF has enjoyed success for over 35 years with an outstanding team and the contributions of a group of Founding Partners who remain active in the business today. With Sean’s appointment to serve as a Managing Partner, and the recently announced promotion of four new Managing Directors, we believe we have put in place the leadership of the firm for the foreseeable future. I am truly excited to work together with Sean in this new capacity.”

Sean Rice joined SCF in 2017 and has been responsible for SCF’s North American activities including helping to lead ten current investments in the most recent three funds. He has overseen the development of the team in Houston and played a leading role in the evolution of SCF’s internal processes and external stakeholder outreach. Prior to joining SCF, Sean was with Goldman, Sachs & Co. in the Investment Banking Division for 18 years and most recently served as the Global Head of Energy. He graduated with a BS from Boston College in 1994 and earned an MBA in 1999 from The Wharton School of the University of Pennsylvania.

About SCF Partners

Founded in 1989, SCF provides equity capital and strategic growth assistance to build and grow leading energy service, equipment, and technology companies that operate throughout the world. SCF has invested in more than 80 platform companies, made more than 400 additional acquisitions, and also developed 18 publicly listed energy service and equipment companies over its history. The firm is headquartered in Houston, Texas, and has offices in Aberdeen, and Australia.