HOUSTON, Nov. 14, 2016 /PRNewswire/ -- Rubicon Oilfield International ("Rubicon") today announced it has acquired Top-Co Holdings Inc. ("Top-Co"), a global leader in the supply of oilfield casing, cementing and completion products. Terms of the transaction were not disclosed. This transaction further strengthens Rubicon's robust portfolio of Well Construction solutions, enabling the organization to offer one of the industry's leading brands of primary cementing equipment to its customers. Backed by a significant capital commitment from Warburg Pincus, a leading global private equity firm, Rubicon will invest in the accelerated growth of all Top-Co product lines, leveraging Rubicon's infrastructure to enable the employees of Top-Co to support their customers in North America and around the world even more effectively. "Rubicon is extremely honored to add the extraordinary people and highly respected products of Top-Co to our organization," said Michael Reeves, President & CEO of Rubicon. "The opportunity to combine the best-in-class engineering, manufacturing and customer service capabilities of Rubicon and Top-Co will immediately enable our global team to offer higher value and more comprehensive downhole solutions to customers as they address the challenges of drilling for oil and gas in increasingly complex environments." Founded in 1963, the Top-Co organization has built a reputation of reliability, integrity and manufacturing of the highest quality; with customers around the world depending on its broadly acclaimed casing, cementing and completions product range. "I am very excited by the opportunities this transaction will create for the employees and customers of Top-Co," said Phil Vogel, President & CEO of Top-Co. "Rubicon's extremely strong global presence, commitment to customer service and robust balance sheet will create a platform for even faster growth of Top-Co branded products." "Rubicon is committed to growing its world class oilfield products organization, providing exceptional service and solutions to our customers regardless of location or operating environment," said John Griggs, Rubicon CFO. "Today's announcement represents another hugely important step toward this commitment and we are very confident our partnership with the employees of Top-Co will result in significant shared success." About Rubicon Rubicon Oilfield International Holdings, L.P. designs, manufactures and sells and/or rents oilfield products in every major oilfield market around the globe. Headquartered in Houston, Texas with activity in over 50 countries globally, Rubicon is fueled by strong commercial, manufacturing and engineering teams positioned globally to deliver a world-class customer experience. Rubicon is led by a seasoned team of oilfield service and equipment industry executives and is committed to building a best-in-class global enterprise in the oilfield products and equipment sector. In May 2016, Rubicon acquired Tercel Oilfield Products, an oilfield products company recognized for delivering high-value drilling and completion technologies. Rubicon has also acquired Cauldron Oil Tools and WaalKing LTD., two boutique technologies companies providing proprietary downhole drilling technologies. More recently, Rubicon announced the acquisition of Logan International in October 2016, enhancing Rubicon's global manufacturing footprint and offering one of the industry's leading brands of fishing, intervention and production enhancement products. For more information, please visit www.rubicon-oilfield.com. About Top-Co Holdings, Inc. Top-Co Holdings, Inc. is a multinational corporation specialized in the design and manufacture of casing equipment. We differentiate ourselves by providing fit-for-purpose applications engineering support to help drilling and cementing engineers achieve long-term wellbore integrity. This concept is the essence of Top-Co's strategy for horizontal and extended reach wells and certainly a differentiating factor from our competitors. The value of this concept, paired with Top-Co's superior products, will continue to increase with the higher complexity of the new wells being drilled today.