Alegacy Group was formed in 2013 by Principals Bob Nickles and Bo Pierce as the parent company and General Partner of all Alegacy Entities. Mr. Pierce retired in 2017.
During early meetings (with co-founders Will Reyes and Minnie Telaroli) the culture and intent of leaving “a legacy” with any new venture became apparent; thus was “Alegacy” born. Both Reyes and Telaroli previously held roles of increasing responsibility at SEC Energy Products and Services and predecessor companies Exterran and Hanover Compressor Company.
Alegacy Equipment was created with the intent to become the premier independent gas compressor packager. In our combined past we’ve built more than 5,000 compressor packages, exceeding 4 million horsepower and surpassing $3 billion revenue. In the first five years of Alegacy Equipment, we’ve already sold over $800 million of new compressor packages. Will Reyes serves as Managing Partner for Alegacy Equipment.
Alegacy Development originated to build a superior extra heavy crane-served industrial park for use of similar businesses to its sister company, Alegacy Equipment. At this time, Alegacy Development has in excess of 270,000 SF under-roof.
Bob Nickles career has been centered on energy services, in particular natural gas compression. He began with Nickles Machine as Project Engineer and worked through the ranks as Engineering Manager, Plant Manager, VP of Operations, President and CEO. Ultimately, he established Nickles Industrial as the largest independent parts, service and repair organization in the industry; NI was sold to Cameron in 2001. While with Cameron Bob served as VP of Sales and Marketing and also as VP of Operations. Bob was an equity investor and COO of Valerus Compression Services, which was sold to TPG. Currently Bob is a member of the Regional Advisory Board for First Financial Bank, Fast Fusion LLC, Frisco Professional Building Investors and is Managing Director of 3MCB Investments and Nickles5 Investments. He currently serves on the Finance Council of Christ the Redeemer Catholic Church. Mr. Nickles earned a BS in Mechanical Engineering Design Technology from Oklahoma State University.
Fremont-Macanta Invested in Alegacy in 2018.