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 Beach) the culture and intent of leaving “a legacy” with any new venture became apparent; thus was “Alegacy” born. Both Reyes and Beach previously held roles of increasing responsibility at SEC Energy Products and Services and predecessor companies Exterran and Hanover Compressor Company.
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 reciprocating compression industry; NI was sold to Cooper Cameron in 2001. While with Cameron Bob served as VP of Sales and Marketing and also as VP of Operations. Bob was an initial round equity investor and COO of Valerus Compression Services, which was sold to TPG. Currently Bob is a member of the Board of Directors for First Financial Bank serving on the Compensation Committee and the Kingwood Regional Advisory Board, other Board of Director roles include; Fast Fusion LLC, Frisco Professional Building Investors and serving as Managing Director of multiple private equity placements. He currently serves on the Finance Council of St. Matthias Catholic Church. Mr. Nickles earned a BS in Mechanical Engineering Design Technology from Oklahoma State University.
Fremont-Macanta Invested in Alegacy in 2018.