Houston, TX – July 2021 – D&H United Fueling Solutions (“D&H United” or the “Company”), a supplier of petroleum fuel system equipment, installation, and service in the Southwest, announced today that it has acquired Petroleum Marketers Equipment Company of Oklahoma City, OK. Petroleum Marketers’ is a full-service petroleum industry supplier covering the state of Oklahoma and northern Texas with branches in Oklahoma City, Tulsa, and Dallas-Ft. Worth. The combined companies will have approximately 350 team members, including 230 field technicians with 12 branches operating in Texas, Oklahoma, New Mexico, Arizona, Colorado, Louisiana, and Arkansas. Bo Sasnett, CEO of D&H United…
KLH Capital Completes the Sale of Premiere Precision Components to Marco Rubber & Plastics
Tampa, FL - January 2021 - KLH Capital (“KLH”) is pleased to announce the sale of its portfolio company, Premiere Precision Components (“Premiere”), to Marco Rubber & Plastics (“Marco”), a portfolio company of Align Capital Partners. Headquartered in Holiday, Florida, Premiere is a value-added supplier of custom manufactured molded rubber, plastic, and metal components. Premiere’s products are used in a variety of end markets including wireless and wired communications applications, pool and spa, lawn and garden, and HVAC, among others. “We greatly appreciate the partnership we shared with KLH over the last couple of years,” said Premiere Founder and CEO…
KLH Capital Invests in Jackson Infrastructure Services, Completing the Recapitalization of B. Jackson
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…
KLH Capital Named 2020 PE Firm of the Year in M&A Source Awards
Tampa, FL – December 2020 – KLH Capital is honored to be recognized as "Private Equity Firm of the Year" by M&A Source as part of its "Recognizing Excellence 2020 Awards." We are grateful for our long-standing relationship with M&A Source, and it has been our pleasure to serve as a trusted resource to M&A advisors as they address the liquidity, growth, and succession planning needs of business owners. Congratulations to all of the top M&A advisors who earned recognition this year.
KLH Capital Grows, Team Almost Doubles in 15 Months
Tampa, FL – October 2020 – KLH Capital (“KLH” or the “firm”) is pleased to welcome two exceptional professionals to its team to support the continued growth and success of its organization. Sebastian Ix joined the firm as an analyst in August after graduating from UNC Chapel Hill’s Kenan-Flagler Business School in May and Rick Kerrigan joined KLH as an operating partner in October. Rick Kerrigan comes to KLH with over 30 years of leadership experience in the fields of operations, supply chain, manufacturing, and distribution and will work with KLH portfolio companies to strengthen their operations and fulfill their…
Shenandoah Industrial Services Acquires Bay Area Environmental Services
Pompano Beach, FL – October 2020 – Shenandoah Industrial Services (“Shenandoah” or the “Company”) is pleased to announce the acquisition of Bay Area Environmental Services (“Bay Area”), a water utility services company providing critical water and sewer pipeline cleaning, testing, and restoration services to corporate and industrial customers as well as city, state, and federal governments in Tampa Bay and surrounding West Central Florida markets. The acquisition gives Shenandoah a meaningful presence in neighboring territories and adds new customers further diversifying revenues. Based in Gibsonton, FL, founder Jerry Lemanski has established Bay Area as a leader in the pipeline inspection,…
KLH Capital Completes Recapitalization of Insulations, Inc.
Tampa, FL – August 2020 – KLH Capital (“KLH”) is pleased to announce it has partnered with David Branton, CEO, and the management team of Insulations, Inc. (“Insulations” or the “Company”) to complete a recapitalization of the business. Headquartered in New Orleans with branches across the Gulf Coast, Insulations is a full service industrial contractor specializing in insulation, fireproofing, heat tracing, painting and coating, refractory, scaffolding, and abatement services for customers in the LNG, refining, chemical, gas processing, power, pulp and paper, general industrial, and marine industries, often working alongside the largest and most reputable industrial general contractors in the…
ElectriCom Completes Acquisition of DataWatt
Paoli, IN – June 2020 – ElectriCom (or the “Company”) is pleased to announce the acquisition of DataWatt Solutions (or “DataWatt”), a fiber optics installation and maintenance business based in Linwood, North Carolina. The acquisition strengthens ElectriCom’s presence in the Carolinas and brings on board a diverse group of new customers, experienced employees, and increased mix of maintenance and emergency restoration sales. Founded in 1998, DataWatt provides high-quality installation, maintenance, and emergency restoration services of fiber optic networks to carriers, governmental agencies, municipalities, universities, state-wide organizations, and large enterprise corporations across North and South Carolina. “DataWatt’s reputation for high-quality work…
KLH Capital Completes Recapitalization of D&H United
Tampa, FL - February 2020 - KLH Capital (“KLH”) is pleased to announce it has partnered with the management team of D&H United Fueling Solutions, Inc. (“D&H United,” “D&H,” or the “Company”) to complete a recapitalization of the business. D&H United, based in San Antonio, TX, is a leading turnkey service provider and distributor to the retail and commercial fueling industry primarily serving the Southwest U.S. markets. With more than 230 employees, the Company provides maintenance, installation, and environmental services, as well as parts and equipment to a large customer base comprised of blue-chip fuel retailers, commercial clients, and governmental…
KLH Capital Closes Fourth Fund, Adds to Team
Tampa, FL – August 2019 – KLH Capital (“KLH” or the “firm”) is pleased to welcome two exceptional professionals to its team to support the continued growth and success of its organization. First, Brian Finn joined the firm as Chief Compliance Officer and Controller. Brian is a seasoned finance professional with 36 years of financial reporting and accounting experience. He also previously served as controller at Ground Works Solutions, a KLH portfolio company. Next, Dick Kelecy joined the firm as Operating Partner and will work with KLH’s portfolio companies to translate strategy, budgets, and forecasts into detailed execution plans, coordinating…