OFS Energy Fund News

March 16, 2015

KW International, LLC Names New Chief Operating Officer and Chief Financial Officer

Houston, Texas (March 16, 2015) – KW International, LLC (“KWI”) is pleased to announce the appointment of two senior managers.  Joe Craft joined KWI as Chief Operating Officer on December 1, 2014 and Tom Simms joined as Chief Financial Officer on March 16, 2015.

Mr. Craft joins KWI as COO after more than 20 years of production equipment, compression, process and treating experience including manufacturing, engineering and design, supply chain, quality and customer services.  Prior to KWI, he spent 16 years in leadership positions at Exterran, most recently as Sr. Manufacturing Operations Managers at Exterran’s largest production equipment facility.

“Joe brings significant experience implementing flow lines and lean manufacturing concepts which will immediately increase production, utilization, quality and safety at KWI’s three primary plants,” said Don Ray, KWI’s CEO.  “I look forward to working with Joe again as we set out to grow KWI into its new, state-of-the-art manufacturing plant in Columbus, TX and we make process improvements at the Houston, TX and Midland, TX plants.”

Mr. Simms joins KWI as CFO after 32 years of senior financial leadership primarily in the oilfield manufacturing industry at operating companies such as Forum Energy Technologies, Offshore Joint Services, Cameron Measurement Systems and Baker Hughes. Prior to his operating company roles, Mr. Simms began his career as an auditor at Ernst & Young after graduating with an accounting degree from the University of Texas.

"Tom brings many years of leadership and expertise to KWI’s senior management team,” said Don Ray, CEO.  “We expect Tom will make a significant contribution as we continue to address the opportunities and challenges in our industry and position KWI for future growth.”

About KWI

KWI, with headquarters in Houston, manufacturing plants in Columbus, TX and Midland, TX and 12 branches across the U.S., fabricates a full line of oil and gas production and process and natural gas orifice measurement equipment.  KWI’s staff of engineers, sales and service technicians have significant experience to respond to rising energy demands. The company proudly offers ASME code equipment that is manufactured to meet compliance standards for sweet oil/gas, NACE and 14C federal waters requirements. KWI has become a leader in the industry, maintaining an inventory of new and recertified equipment. For more information on KWI, please visit www.kwintl.com or contact Jim Nicholson, HR Director at (832) 320-2660 or jnicholson@kwintl.com.

About OFS Energy Fund
Houston-based OFS Energy Fund is a private equity firm that specializes in acquiring and recapitalizing lower middle-market energy service companies. OFS seeks to provide capital to business owners in the form of buyouts, recapitalizations and growth equity investments. The Fund supports the development of management, appropriate governance, professionalization of reporting and tracking of operating metrics. OFS currently has under management in excess of $300mm of committed private equity capital across its Funds II and III. Additionally, OFS lends industry relationships, ideas for operational improvement and support in developing strategic growth plans and initiatives. For more information please visit www.ofsfund.com.

OFS Energy Fund
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