Achievement December 10, 2025

Troutman Pepper Locke Represents White Deer Energy in Strategic Investment in Cust-O-Fab

HOUSTON – Troutman Pepper Locke represented White Deer Energy in its investment in Cust-O-Fab, a leader in custom-engineered thermal management products and solutions. For more information, see the press release.

White Deer is a private equity firm whose portfolio company investments span the energy value chain — from businesses supporting domestic energy production to the infrastructure required to move and store energy products, to firms involved in energy transition market segments. Founded in 2008, White Deer is based in Houston and New York.

Founded in 1972, Cust-O-Fab has been a leader for more than 50 years in the design, fabrication, and maintenance of custom-engineered shell-and-tube and air-cooled heat exchangers. The investment from White Deer Energy empowers the company to invest further in its people and technology, while continuing to deliver best-in-class solutions to its customers.

The Troutman Pepper Locke corporate team included partners Joe Perillo, Stephanie Pindyck-Costantino, Thao Le, and senior associate Theodore Edwards; partner Morgan Klinzing and associate Scott Grundei provided tax advice.

Consistently recognized as a top-tier practice, Troutman Pepper Locke’s corporate attorneys regularly handle middle market transactions for private equity clients alongside strategic deals for Fortune 100 corporations. Core areas of service include mergers and acquisitions, corporate finance, corporate governance, securities laws compliance, capital markets transactions, and other significant domestic and cross-border transactions, as well as general corporate counseling. The firm has a strong focus in the private equity and private fund services space, advising clients on matters including fund formation, growth equity investments, leveraged buyouts, recapitalizations, and exit transactions.

Troutman Pepper Locke

Troutman Pepper Locke helps clients solve complex legal challenges and achieve their business goals in an ever-changing global economy. With more than 1,600 attorneys in 30+ offices, the firm serves clients in all major industry sectors, with particular depth in energy, financial services, health care and life sciences, insurance and reinsurance, private equity, and real estate. Learn more at troutman.com.

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