Business Description

Shenandoah Industrial Solutions provides inspection, cleaning, and remediation services for storm drainage, sewer, and other piping systems for municipal and commercial clients. Shenandoah’s highly-skilled crews also offer CIPP lining, a trenchless pipe repair solution that extends the life of aging pipeline infrastructure without disrupting the surrounding area. Founded in 1976, the company has expanded its operations and grown its fleet to serve municipalities and commercial customers across Florida helping maintain the state’s coastal storm sewer and pipeline infrastructure.

Transaction Overview

KLH Capital partnered with the management team of Shenandoah Industrial Solutions to complete a recapitalization of the business.

Business Description

Curion is the result of the merger of two leading sensory evaluation and consumer product research companies, Q Research Solutions and Tragon Corp. Curion has pioneered many of the sensory methodologies considered industry standards today over the course of its 65 year heritage. The Company serves Fortune 500 and other blue-chip customers in the food & beverage, personal care, fine fragrance, and home & fabric care industries utilizing its testing facilities in San Francisco, Chicago, Dallas, and New York City and proprietary technology called RedJade®, a web-based, real-time data collection system.

Transaction Overview

In 2016, KLH sponsored the management team of Q Research Solutions (“QRS”) to facilitate the buyout of the company’s founder and support management’s vision to become a leading research company with a national footprint. In 2017, KLH supported the merger of QRS with Tragon Corporation to meet the growing needs of the country’s leading consumer product companies with expanded research and collection capabilities and additional testing facilities. The combined firms underwent a comprehensive rebranding and, in 2018, introduced Curion as its new corporate name.

Business Description

Ground Works Solutions is a leading provider of infrastructure repair and soil stabilization services to the residential, commercial, and industrial markets.

Transaction Overview

In this management buy-in transaction, the owner was seeking a liquidity event and ultimately a path to retirement from the business. He decided to remain onboard with the company in an advisory capacity post-transaction. KLH Capital partnered with an experienced manager to run the business day to day.

Post Transaction

KLH Capital hired a new CEO to develop the business organically and through add-on acquisitions. Since partnering with KLH, the company has executed five strategic acquisitions throughout the United States which expanded its presence into 31 additional states.