Sale of John Lawrie Tubulars

November 2022

Rubicon Partners is pleased to announce the sale of John Lawrie Tubulars (“John Lawrie” or the “Company”) to Center Rock Capital Partners, LP (“Center Rock”) and Management. John Lawrie is a leading, multinational distributor and processor of steel tubular products.

Headquartered in Houston, Texas, John Lawrie is a value-added processor and distributor of steel tubular and piling products primarily used in construction and infrastructure applications. Operating out of six facilities in the US and two in the UK, the Company’s scale offers its customers a unique global supply network and the necessary technical and logistical support to meet their project demands. Customers rely on John Lawrie for reliable, high-quality surplus and secondary steel tubular products that are delivered with short lead times and unmatched customer service.

The Company is led by a tenured management team including 35-year John Lawrie veteran and CEO, Vic Sinclair. “We are excited to partner with Center Rock to help us grow and expand our business organically through US yard expansion and movement into adjacent markets. At John Lawrie we have built a strong brand and a differentiated, unique sourcing model giving us access to a large, diversified supply base that is crucial for success in our industry,” said Sinclair.

Center Rock Partner Ian Kirson commented, “John Lawrie has a multi-faceted approach to sourcing that is rare in the pipe piling industry. The management team has built a remarkable enterprise with an environmentally friendly business model as a recycler and repurposer of surplus products, and we are excited to support their future growth.”

Rubicon Partners acquired John Lawrie Group from family ownership in 2017. Under Rubicon’s stewardship, the business more than doubled in size through organic growth by adding new sites and inventory across North America and the UK, together with significantly enhancing its fabrication and processing capability.