Zahroof Valves, Inc. Announces Growth Capital Investment from NGP Energy Technology Partners
Zahroof Valves, Inc. (“ZVI”, or the “Company”), a provider of revolutionary reciprocating gas compressor valves called the Zahroof Performance Valve (“ZPV”), today announced a growth capital investment from NGP Energy Technology Partners (“NGP ETP”).
Utilizing its patent-pending modular-reed valve technology, the ZPV reduces power consumption, improves valve reliability, simplifies service, and reduces inventory requirements with an offering that provides a drop-in replacement for existing valves. ZVI customers include blue chip companies in contract compression, pipeline operations and oil & gas exploration and production.
”Zahroof Valves, Inc. delivers a step-change in compressor valve performance, serviceability and reliability” said its founder, Zahroof Mohamed. “The partnership with NGP ETP provides ZVI with the financial resources needed to accelerate growth, build out its infrastructure, respond quickly to its customers and continue to innovate. ZVI provides high quality valves with the highest efficiency, highest reliability and the lowest total cost of ownership coupled with the best customer experience.”
”We are excited about our partnership with the ZVI team” said Michael LeBourgeois, Managing Director of NGP ETP. “By combining the gas compression industry experience and engineering expertise of the ZVI team with the resources and network of the NGP ETP platform, we anticipate significant long-term growth and look forward to working side-by-side with the team to continue to build the business and bring additional exciting solutions to the industry.” Philip Deutch, Managing Partner of NGP ETP, added "Our investment in ZVI is the latest example of NGP ETP’s focus on innovative products, services and technologies targeting the global oil and gas markets."
Contact for Zahroof Valves, Inc.:
Zahroof Mohamed, 832.729.4562