News Summary

Velocity Management Advisors (VMA) has made a minority investment in M Wright Services (MWS), a privately-held, founder-owned company specializing in pipeline construction for Midstream oil and gas customers. Founded in 2011 by Marcus Wright, MWS has grown significantly, serving Midstream customers across various regions. The investment by VMA, a partnership of experienced managers with extensive Midstream industry expertise, represents their most significant investment yet. The partners of VMA, who have previously built and monetized over $800 million in assets, will join the MWS Board, bringing their industry experience to support MWS’s growth and expansion plans. This strategic partnership aims to enhance MWS’s capabilities as a turnkey solution provider for Midstream companies.