Sector
Specialty Services
Industry
Soil Remediation
Transaction Type
Management Buyout
Status
Current Investment
Website
Lead Partner
Business Description
eTech Environmental & Safety Solutions, Inc. (“eTech”) is a leading environmental remediation business providing regulatory mandated environmental consulting, soil sampling & testing, remediation, waste management, and long-term compliance services to a large base of blue-chip customers in the upstream, midstream, government, and industrial end markets throughout the Permian Basin.
Transaction Overview
KLH partnered with eTech’s management team to buy out the business and support its vision of continuing to expand its geographic footprint and service capabilities. KLH structured an investment that provided full liquidity to the prior majority owner, offered equity to key executives, and established a capital structure that provided capacity for additional growth.