Caliche Development Partners is a Houston-based, private equity-backed company focused on developing and operating underground storage for natural gas, industrial gases like hydrogen and helium, and carbon sequestration. Its projects include Golden Triangle Storage on the Gulf Coast in Jefferson County, Texas, and Central Valley Gas Storage in Colusa County, California, and its leadership team previously built and sold Coastal Caverns, an underground storage business on the Spindletop salt dome.
Learn how Caliche Storage utilized Sudduth Search to find the right talent and realize energy investment partnerships across three iterations.
When Caliche launched, the company needed high-caliber talent who understood the role they would play in helping it grow and ultimately reach a successful exit.
The first few roles were executive-level, then we moved into filling mid-level and tactical roles, including one that allowed the company to expand operations onto the West Coast with a regional office north of Sacramento
For the initial Chief Commercial Officer role, it was imperative that the candidate have strong connections within the industry and come from a larger company, while still being able to mesh with a smaller company culture and the autonomy that came with it.
Knowing that Caliche intended to pursue multiple transactions, we needed candidates who were not just comfortable with, but thrived in, a fast-paced and fluid environment.
By the time we filled the mid-level positions, our team had a comprehensive view of the industry and was able to ramp up each search quickly.
Sudduth Search has completed 17+ searches for Caliche Development Partners, filling roles across the Chief Commercial Officer, SVP of Operations, Plant Manager, and Gas Scheduler functions, among others, as the company scaled its leadership team. Over that same period, Caliche grew from a single Gulf Coast storage asset into a Sixth Street-backed platform with $549M raised, doubled the capacity of its Golden Triangle Storage facility, and brought the world’s largest helium storage cavern into service under a long-term Linde contract. As Caliche continues expanding GTS toward becoming the Gulf Coast’s largest storage hub, Sudduth Search has grown alongside them as their trusted partner in building out the leadership team behind that growth.
"The structure and process that every Sudduth Search team member utilizes is critical, you get the same impactful process with everyone who is well trained. It’s also incredibly helpful for our executives to have some separation from the blocking and tackling of the recruiting process."