Tampa, FL – December 2020 – KLH Capital (“KLH”) is pleased to announce it has invested in Jackson Infrastructure Services (“Company”) to facilitate a recapitalization of B. Jackson Construction and Engineering, LLC and certain affiliates. KLH partnered with J2 Partners (“J2”) and Bart Jackson, founder and CEO, to complete the transaction. Based in West Jordan, UT, a suburb of Salt Lake City, the Company is a leading utility and infrastructure service provider to the telecommunications, power, gas, milling, and other infrastructure markets across the West and Southwest regions of the U.S.
Since its founding in 1997, the Company has cultivated relationships with top-tier telecom and utilities customers based on its award-winning excellence in project execution, outstanding safety record, and quality of work. Bart Jackson will continue leading the Company and its 130+ employees. “KLH is thrilled to partner with Bart and his team as they build upon the Company’s legacy. The business is well positioned to benefit from national investments in rural broadband access and an aging natural gas infrastructure, and we are excited to support the Company as it capitalizes on these sizable growth opportunities,” said Will Dowden, Partner at KLH Capital.
“KLH Capital & J2 are the perfect partners for us. It was clear from the beginning that both firms understand our business and share our values of integrity and hard work. Our customers depend on us to complete our work safely, on time, and on budget, and this partnership ensures we can meet the growing demands of both existing and prospective customers,” said Bart Jackson.
Jackson Infrastructure Services is the fourth investment in KLH Capital Fund IV, L.P. which raised $200mm to help founders, managers, and families create liquidity and build great companies. Half of KLH’s current portfolio is made up of crew-based, industrial service businesses, giving KLH extensive knowledge to be a value-added partner to the Company’s leadership team.
J2 Partners is a lower middle market private equity firm with investments in manufacturing, distribution, and services companies that are leaders in their respective markets. J2 seeks to partner with strong management teams to build great companies and create shareholder value.
