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…
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…
