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…
KLH Capital Closes Fourth Fund
Tampa, FL - July 5, 2019 - KLH Capital Partners LP (“KLH”) is pleased to announce it has completed fundraising for KLH Capital Fund IV, L.P. at its hard cap of $200 million in commitments from limited partners in less than two months from the official launch. The Fund, which was oversubscribed, attracted a diverse group of global investors, including leading endowments, foundations, family offices, fund of funds, and insurance and pension plans. “We are thrilled with the overwhelming support we’ve received from both existing and new limited partners, as well as the efficiency of the fundraising process,” said Will…
KLH Capital Completes Recapitalization of ElectriCom
Tampa, Florida – April, 2019 – KLH Capital is pleased to announce it has partnered with the management team of ElectriCom, LLC (“ElectriCom” or the “Company”) to complete a recapitalization of the business. Since the Company’s founding in 1960, ElectriCom has become a leading provider of aerial, underground, wireless, and right-of-way installation and maintenance services to the telecommunications and utility industries across the United States. Under the leadership of President Kevin Mason, ElectriCom has significantly expanded its operations to encompass a large geographic territory from the Midwest to the Southeast and has grown its employee base to support the Company’s development. “ElectriCom’s…
KLH Capital Exits Mid-State Industrial Maintenance
Tampa, Florida – February 7, 2019 – KLH Capital (“KLH”) is pleased to announce that it has successfully exited its investment in Mid-State Industrial Maintenance, Inc. (“Mid-State” or the “Company”). Mid-State’s CEO, Jeff Clyne, and other key members of the Company’s senior leadership team have partnered with CenterGate Capital to recapitalize the business and continue its expansion plans. Founded in 1973 and based in Lakeland, FL, Mid-State is a leading provider of outsourced fabrication, maintenance, and field services to the mining, chemical, power, and general manufacturing industries across the Southeast. In 2013, KLH invested in Mid-State allowing its founder, Hal…
KLH Capital Completes MBO of Shenandoah Industrial Solutions
Tampa, Florida – February 1, 2019 – KLH Capital is pleased to announce it has partnered with the management team of Shenandoah Industrial Solutions, LLC (“Shenandoah Industrial Solutions” or the “Company”) to complete a recapitalization of the business. Through the Company’s two divisions, Shenandoah and Shen-Line, Shenandoah Industrial Solutions has been a respected provider of storm drainage system inspection, cleaning, and CIPP rehabilitation serving municipalities and commercial customers in Florida since its founding in 1976. Under the leadership of President Daniel DiMura, the Company has expanded its operations into West Florida and North Florida, while growing its employee base to support…
Atchafalaya Measurement Merges with Southern Petroleum Laboratories
Tampa, Florida – January 8, 2019 – KLH Capital is pleased to announce that Atchafalaya Measurement, Inc. ("AMI" or the “Company”) has merged with Southern Petroleum Laboratories, Inc. (“SPL”), a portfolio company of Industrial Growth Partners (“IGP”). Nick Trahan, Shane Daigle, and other key members of AMI’s senior leadership team have partnered with SPL to form one of the largest providers of the oil and gas measurement services in the space. Founded in 1982 and headquartered in Scott, Louisiana, AMI is a full-service liquid and gas measurement provider offering critical installation and recurring calibration services to E&P and pipeline operators. …
Data Display Systems, LLC Acquires DUCO Technologies, Inc.’s Point-of-Purchase Assets
September 2018 - Data Display Systems, LLC (“Data Display”), a custom integrator of video, audio, lighting and provider of remote content management services to the Point-of-Purchase market, announced its acquisition of the assets associated with DUCO Technologies (“DUCO”) Point-of-Purchase business. The acquisition brings together two leaders in the display industry and significantly strengthens Data Display’s product lineup and manufacturing capabilities, specifically within video and Android devices. “As part of a dynamic and ever-evolving industry, we are excited to expand the solutions we can offer our customer base,” said Bob Gatta, Chief Executive Officer, Data Display. “By adding DUCO’s high-quality point-of-purchase…
KLH Capital Exits BluSky
August 2018 – KLH Capital is pleased to announce that it has successfully exited its investment in BluSky Restoration Holdings, LLC (BluSky). Kent Stemper, CEO, and other key members of BluSky’s senior leadership team have partnered with Dominus Capital to recapitalize the business. Founded in 2004 and based in Centennial, CO, BluSky provides commercial, industrial, governmental, and multi-family restoration, renovation, environmental, and roofing services, with an emphasis on large losses and emergency restoration services across the continental United States and Puerto Rico. “We appreciate the relationship we had with the KLH team,” says Kent Stemper, CEO of BluSky. “They were…
KLH Capital Completes Recapitalization of Apogee Translite and LumiNEXT
February 2018 - KLH Capital is pleased to announce it has completed a recapitalization of Apogee Translite (“Apogee”) and LumiNEXT (collectively with Apogee, the “Company”) a manufacturer of specialty transit, industrial, and architectural LED lighting fixtures. Apogee serves the New York Metropolitan Transportation Authority and other transit systems across the country while LumiNEXT serves the architectural market. Both businesses operate out of the Company’s headquarters in Deer Park, NY. Lynne and Richard Nicolai have been involved with the Company since 2001 which, at the time, focused exclusively on transit work. The Company grew consistently under the Nicolai’s leadership by responding…
QRS-Tragon Completes Rebranding and Introduces Curion
January 2018 - KLH Capital portfolio company, QRS-Tragon (the “Company”), has completed a comprehensive rebranding project to reflect the merger of Q Research Solutions and Tragon Corp and the mission of the unified company to provide industry leading sensory and consumer products research to top companies across the U.S. Going forward, the Company will trade under the name Curion. "Curio" was a Roman orator and visionary in developing Rome’s first amphitheater. His life’s work was a mix of both fresh thinking and the establishment of a timeless icon. The Company's branding team was inspired by the combination of these accomplishments and from this…