The Woodlands, Texas – July 1, 2021
Strike, LLC has appointed Charles ‘Chuck’ Davison, Jr. as the new Chief Executive Officer. Davison succeeds former CEO, Steve Pate, and assumes Pate’s responsibilities as of July 1, 2021.
After 18 years as CEO, Pate has chosen to retire and will remain on Strike’s Board of Directors. “Chuck’s leadership, knowledge, and impact will continue building on today’s foundation to ensure Strike’s future success,” said Pate.
Davison is a highly respected and talented leader in the energy and infrastructure services industry and most recently served as Chief Operating Officer at Houston-based Oceaneering International Inc. (NYSE: OII). His vast industry experience and expertise are invaluable to Strike’s mission of providing its customers with best-in-class service and project execution.
“I am excited to join the team at Strike and want to thank Steve for his dedication and contributions in making Strike what it is today,” said Davison. “We believe the company is uniquely positioned to capitalize on macroeconomic trends in the industry. We will accelerate our plan to enhance our core offering, expand our business, and extend our position in the marketplace to best serve our customers.”
Earlier this year, Strike was acquired by Mill Point Capital, a middle-market private equity firm focusing on industrial and business services investments in North America. “With Mill Point’s involvement as a capital partner, Strike can pursue strategic investments to provide differentiated services and gain competitive advantage,” said Davison.
“We look forward to working with Chuck and the Company to continue its path of growth and value creation,” said Michael Duran, Founder and Managing Partner of Mill Point Capital. “We are excited to have Chuck as Strike’s new leader for the next chapter of its transformation.”
Headquartered in The Woodlands, TX, Strike is a leading provider of infrastructure solutions and services throughout the continental U.S. Founded in 2003, Strike has been partnering with clients to deliver a full range of integrated engineering, construction, maintenance, integrity, and specialty services. For more information, please visit www.strikeusa.com.
About Mill Point Capital
Mill Point Capital LLC is a private equity firm focused on control investments in lower-middle market companies, with a focus on the industrials, business services and IT services sectors in North America. Mill Point’s experienced team of investors and Executive Partners seek portfolio company value enhancement through rigorous implementation of transformative strategic initiatives and operational improvements. Mill Point is based in New York, NY. For more information, please visit www.millpoint.com.