First Reserve Overview
- Investor Type
-
PE/Buyout
- Status
-
Active
- Professionals
-
19
- Investments
-
387
- Portfolio
-
12
- Exits
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202
First Reserve General Information
Company Description
Founded in 1983, First Reserve is a leading private equity firm based in Stamford, Connecticut. The firm invests across Infrastructure Solutions, Value-Added Infrastructure, and Resources strategies, with exposure to energy, utility, and industrial markets. The firm has more than 40 years of industry insight and has cultivated a differentiated network of relationships and portfolio exposure. Since its inception, the firm has raised over $34 billion in aggregate capital and developed operational expertise from over 750 transactions, including platform investments and add-on acquisitions.
Business Details
Website
www.firstreserve.comYear Founded
Investor Status
Trade Association
Primary Investor Type
Other Investor Types
Corporate Office
- 5847 San Felipe Street
- Suite 3100
- Houston, TX 77057
- United States
First Reserve Investments & Acquisitions (387)
First Reserve’s most recent investment was a with Tri-County Oil Distributors. The deal was made on 09-Nov-2026.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
|---|---|---|---|---|---|---|
| Tri-County Oil Distributors | 09-Nov-2026 | Distributors/Wholesale | Generating Revenue | |||
| Affordable Gas | 28-Oct-2026 | Other Energy Services | Generating Revenue | |||
| Lindsey Systems | 02-Apr-2026 | Electrical Equipment | Generating Revenue | |||
| Fleetwing Oil | 02-Mar-2026 | Distributors/Wholesale | Generating Revenue | |||
| WGI (Construction and Engineering) | 23-Jan-2026 | PE Growth/Expansion | Construction and Engineering | Generating Revenue |
First Reserve Exits (202)
First Reserve has made a total of 202 exits. Its latest exit was from Hoover Circular Solutions on 05-Nov-2026. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size |
|---|---|---|---|
| Hoover Circular Solutions | 05-Nov-2026 | ||
| Dresser Utility Solutions | 06-Jul-2026 | ||
| LineStar Integrity Services | 09-May-2026 | ||
| Ascent Resources (Oklahoma City) | 10-Oct-2025 | ||
| Lucero Energy | 07-Mar-2025 | Merger/Acquisition |
First Reserve Fund Performance
| Fund Name | Vintage | Size | Dry Powder | DPI | RVPI | TVPI | IRR |
|---|
First Reserve Investments by Industry, Year, and Region
Investments by Industry
Investments by Year
Investments by Region
First Reserve FAQs
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What is First Reserve?
Founded in 1983, First Reserve is a leading private equity firm based in Stamford, Connecticut.
-
When was First Reserve founded?
First Reserve was founded in 1983.
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Where is First Reserve headquartered?
First Reserve is headquartered in Houston, TX.
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What is First Reserve's total asset value?
First Reserve has around in total assets under management.
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How many investments has First Reserve made?
First Reserve has made 387 investments.
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What has First Reserve invested in?
First Reserve has made numerous investments in companies like Tri-County Oil Distributors, Affordable Gas, and Lindsey Systems within the Distributors/Wholesale, Energy Services, and Electrical Equipment industries.
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What has First Reserve invested in recently?
First Reserve's latest investment was on 09-Nov-2026 in Tri-County Oil Distributors, a company within the Distributors/Wholesale industry.
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