Thomas M. Hargrove

Managing Director

Tom is a co-founder of GulfStar Group and has more than 30 years of investment banking experience. Prior to GulfStar’s formation, he served as a senior vice president of Rotan Mosle Inc. from 1986 to 1990 and first vice president at Underwood, Neuhaus & Co., Inc. from 1979 to 1986, where he was responsible for institutional private placements. Prior to 1979, he served as assistant vice president in the corporate finance department at First City National Bank. He is a director of RIMCO Royalty Partners and manager of Paragon Southwest Medical Waste, LLC.

Tom received a Bachelor of Arts degree in Economics from The University of Texas.

Recent Transactions

has been acquired by

Industry

Consumer Products & Services
Industrial Services & Manufacturing
Services
Mergers & Acquisitions

Founded in 1973, Texas Tool Traders is a leading retailer of fasteners, tools and other supplies serving the single and multi-family residential construction market across Texas. The company is headquartered in Weimar, Texas and operates 14 locations statewide, supporting customers in the Austin, Dallas-Fort Worth, San Antonio and Houston metro areas. The Company sells to homebuilders, contractors, roofers, fencers, pallet companies, homeowners and more.

has been acquired by
a portfolio company of
Industry

Energy, Power & Infrastructure
Industrial Services & Manufacturing
Services
Mergers & Acquisitions

Founded in 1997, FCI is a vertically integrated provider of high-quality forged, heat treated, and machined pressure control connection products for the downstream, midstream, upstream, LNG, marine, aerospace, and defense markets. FCI’s product portfolio along with its forging and heat treat capability are highly complementary to Westbrook’s current offerings and will allow the combined platform to better serve a wider range of customers.

has been acquired by

Industry

Industrial Services & Manufacturing
Services
Mergers & Acquisitions Cross-Border Transactions

Headquartered in Texas City, Texas, Farmers Copper is a leading metal supply company. It is a legacy business descended from Farmers Marine Copper, a company that was founded in Galveston, Texas in 1920 by Les and Sidney Farmer. Farmers Copper supplies copper, brass and bronze alloys to a long-standing customer base across aerospace, marine, defense, oil & gas and electrical market segments in North America. The Company distinguishes itself with its excellent service, custom processing capabilities and outstanding delivery performance. The Company will be integrated into the industry-leading service center network of Wieland Metal Services, a business unit of Wieland.

has received a minority growth investment from

Industry

Industrial Services & Manufacturing
Environmental & Sustainability
Services
Mergers & Acquisitions Raising Capital Cross-Border Transactions

Headquartered in Clackamas, Oregon, PNW operates a full-service ferrous and non-ferrous metal recycling business. The Company sells its recycled metal product to both international and domestic markets. PNW gathers scrap in North America and sells hundreds of thousands of tons of recycled metals to hundreds of domestic and international customers per year. PNW’s services are key to a growing circular economy, offering a low-cost replacement to virgin metal production. Recycled steel scrap saves approximately 70% of energy (95% for aluminum) and 55% of CO2 emissions when compared to virgin materials, according to the World Steel Association.

has been acquired by

Industry

Industrial Services & Manufacturing
Services
Mergers & Acquisitions Cross-Border Transactions

Located in Houston, Texas, Enduro is a global leader in the design and manufacture of non-metallic composite products and solutions that deliver value to its customers. With a history of innovation and industry firsts, its fiber reinforced polymer (FRP) solutions have earned worldwide respect and recognition in many of its businesses, including TUFF SPAN™ building products, electrical cable management, water and wastewater structures, field services and custom FRP manufacturing. Employing diverse, manufacturing capabilities, Enduro provides lasting solutions for challenging conditions in industrial and infrastructure market segments like chemical processing, mining, water, wastewater, metal processing, fertilizer, power, pulp & paper, oil & gas, offshore and marine, food processing and mass transit.

has been acquired by
a portfolio company of
Industry

Industrial Services & Manufacturing
Services
Mergers & Acquisitions

For over 50 years, Powertherm Maxim has provided air intake and exhaust system accessories for large reciprocating engines. The Company’s silencers and catalytic converters abate sound and reduce emissions in the gas compression, power generation, energy infrastructure, marine, and industrial markets. Powertherm Maxim is headquartered in Houston, Texas with branch offices in Odessa and Fort Worth, Texas and El Reno, Oklahoma.

GulfStar Group
700 Louisiana Street
Suite 3800
Houston, Texas 77002


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