#United States #Tulsa #Backcast Partners #Debt Capital #Sisu Energy

Backcast Partners' Strategic Investment in Sisu Energy

On March 12, 2026, Backcast Partners, a prominent provider of debt and equity capital for middle-market companies, announced a new investment aimed at fueling the growth of Sisu Energy and Environmental, LLC. Founded in 2015 and based in Tulsa, Oklahoma, Sisu has carved out a niche as a key player in the design, engineering, installation, and maintenance of exhaust system casings for gas turbines. Their offerings include innovative emissions reduction systems, noise silencers, and waste heat mitigation and recovery solutions.

John Hare and Phil Childers, the founders of Sisu, have retained their ownership and will continue to lead the company as it expands in the surging Artificial Intelligence (AI) datacenter market. CEO John Hare expressed strong optimism regarding the investment, stating, "This investment will help Sisu accelerate its already remarkable growth. The demand for Sisu's products and services has been strong throughout the Company's history, but lately, it has surged due to the increasing need for reliable off-grid power solutions from AI providers. Our record backlog is a testament to this demand."

The partnership with Backcast comes at a critical juncture for Sisu as AI technology continues to advance and reshape market needs. Hare elaborated on the rationale behind choosing Backcast as a partner, noting their proven expertise in supporting businesses that are poised for rapid growth.

Ed Cerny, Managing Partner at Backcast, echoed this sentiment, emphasizing the confidence Backcast places in Sisu's business model. He noted, "Our support of Sisu reflects Backcast's confidence in Sisu's robust business model, and their exceptional reputation within their markets. The overwhelmingly positive feedback from Sisu's customers during our due diligence reinforces the high quality and precision of their design services."

Backcast Partners, established in 2016, focuses on managing investment funds that provide capital to both private-equity backed and privately held management-owned companies. With around $1.4 billion in assets under management, Backcast specializes in supporting traditional middle-market companies, typically those with EBITDA ranging from $7.5 million to $50 million. Their funds are flexible, with the capacity to invest between $20 million to $150 million per transaction.

This recent investment reflects Backcast's broader strategy to align with companies that have distinguished themselves in their respective sectors, and Sisu certainly fits the bill. As the demand for off-grid power continues to rise, fueled by advancements in AI and its application in various industries, Sisu is positioned to thrive. The considerable growth in their backlog and the enhanced capabilities from the capital injection are expected to set a new trajectory for the company.

In summary, Backcast Partners' investment in Sisu Energy and Environmental signifies a strategic move not only to enhance Sisu's capacity but also to underline the growing significance of AI technology as a driving force behind current business models. This partnership aims to leverage both entities' strengths to meet the evolving energy demands of the future. As they embark on this journey, all eyes will be on Sisu's next steps and their plans for growth amid changing market dynamics.