Chiron Financial, LLC  served as the financial advisor and placement agent to Integrated Equipment, Inc., in the restructuring of existing debt and the private placement of a credit facility with Veritas Financial Partners and placement of equity with private investors. The financing was used to pay existing indebtedness, provide working capital for future growth, expand Integrated's product line, and grow its global service network.

Based in Houston, Texas, Integrated is one of only four vertically-integrated pressure control oilfield equipment manufacturers globally that offers both industry-required capital equipment and elastomeric products. Clients include well servicing contractors, rental tool companies, land and jackup drilling contractors, as well as major and independent oil companies.

Veritas Financial Partners is a specialty finance firm that provides $2 – $20 million senior secured credit solutions to businesses across various industries. Veritas serves entrepreneurs, management teams and private equity sponsors by delivering the flexible, responsive capital needed to achieve their goals. As an affiliate of an investment fund with $2.5 billion in assets under management, Veritas benefits from a substantial long-term capital base.

Chiron is an investment banking firm that arranges private placements of debt and equity capital as well as mergers, acquisitions and sales for middle market companies. Chiron raises growth capital and restructuring capital, and assists with refinancing, financial restructuring, and other special situations. Clients included companies in a wide breadth of industries including oil and gas, manufacturing, oilfield services, agriculture, healthcare and retail.
Chiron team members included Managing Director Jay H. Krasoff, Director Todd A. Hass, Vice President Colby K. Gibbins and Analyst John Allcorn.