Current Investments Archives

Business Description

eTech Environmental & Safety Solutions, Inc. (“eTech”) is a leading environmental remediation business providing regulatory mandated environmental consulting, soil sampling & testing, remediation, waste management, and long-term compliance services to a large base of blue-chip customers in the upstream, midstream, government, and industrial end markets throughout the Permian Basin.

Transaction Overview

KLH partnered with eTech’s management team to buy out the business and support its vision of continuing to expand its geographic footprint and service capabilities. KLH structured an investment that provided full liquidity to the prior majority owner, offered equity to key executives, and established a capital structure that provided capacity for additional growth.

mike - September 11, 2023 - No Comments

Thorpe Specialty Services

Sector

Industrial Services

Industry

Heavy Industrial Fabrication & Service

Transaction Type

Management Buyout

Status

Current Investment

Website

thorpepme.com

Lead Partner

Business Description

Headquartered in Houston, TX, Thorpe Specialty Services (“Thorpe”) is a leading provider of industrial specialty services to the chemical, petrochemical, power, natural resources (lime), pulp & paper, metals & mining, and other industrial and infrastructure end markets across the United States and Canada.

With more than 1,250 skilled employees and a top-tier safety record, Thorpe leverages its in-house engineering capabilities to be a trusted provider of reoccurring corrosion, refractory, scaffolding & insulation services and custom fabricated products for the maintenance of critical infrastructure assets operating within high-temperature, abrasive, caustic, acidic, and highly corrosive environments.

Transaction Overview

KLH partnered with Thorpe’s management team to recapitalize the business and support its vision of continuing to expand its services capabilities. KLH structured an investment that provided full liquidity to the prior majority owner, offered equity to key executives, and established a capital structure that provided capacity for growth.

mike - August 26, 2022 - No Comments

The Warehouse Rentals & Supplies

Sector

Value-Added Distribution

Industry

Industrial Abrasive Blasting & Painting

Transaction Type

Management Buyout

Status

Current Investment

Website

twrs.com

Lead Partner

Business Description

The Warehouse Rentals & Supplies (“TWRS”), based in La Porte, TX, is a leading surface preparation equipment rental and value-added distribution company offering abrasive blasting, painting, and safety equipment, consumables, and supplies to blue-chip customers in the industrial, commercial, infrastructure, transportation, and energy industries.

With strategically located branches in the Mid-Atlantic, Midwest, and across the Gulf Coast, TWRS has cultivated top-tier relationships with the industry’s highest quality equipment and supplies vendors and the company’s OEM-certified technicians deliver quick response on-site repair services.

Transaction Overview

KLH Capital sponsored the management team of TWRS to complete a buyout of the company’s retiring founder and support management’s vision to become a leading abrasive blasting and painting equipment distributor with a national footprint.

mike - November 11, 2021 - No Comments

Precision Impacts

Sector

Niche Manufacturing

Industry

Tanks & Cylinders

Transaction Type

Majority Recapitalization

Status

Current Investment

Website

precisionimpacts.com

Lead Partner

Business Description

Precision Impacts is a full-service manufacturer of extruded specialty aluminum and composite wrapped cylinders, tanks, and other components. The Company services niche end markets within the consumer, defense, industrial, medical, and sporting goods industries.

Transaction Overview

KLH recapitalized the business providing a partial liquidity event for the owners and aligning management with experienced partners capable of providing the capital and expertise needed to grow the business.

mike - October 12, 2021 - No Comments

Jackson Infrastructure Services

Sector

Industrial Services

Industry

Utilities and Infrastructure

Transaction Type

Majority Recapitalization

Status

Current Investment

Website

bjacksonconstruction.com

Lead Partner

Business Description

Headquartered in West Jordan, UT, a suburb of Salt Lake City, Jackson Infrastructure Services ("JIS") 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. JIS was formed when KLH partnered with the owner of B. Jackson Construction and Engineering to recapitalize the business and certain affiliates. 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.

Transaction Overview

The owner of the company wished to create liquidity to diversify his wealth and identify a capital partner to support clear growth opportunities. KLH structured an investment that gave the owner partial liquidity for diversification and established a capital structure that provided capacity for growth.

mike - December 9, 2020 - No Comments

I&I Soft Craft Solutions

Sector

Industrial Services

Industry

Industrial Plants

Transaction Type

Majority Recapitalization

Status

Current Investment

Website

ii-us.com

Lead Partner

Business Description

Headquartered in New Orleans, LA, with branches across the Gulf Coast, I&I Soft Craft Solutions is a leading industrial services provider with expertise 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 U.S. and abroad. Since its founding in 1970, Insulations has cultivated top-tier industry relationships with leading project owners and general contractors based on its thought leadership, project execution excellence, unrivaled safety record, and quality work product.

Transaction Overview

The owner of Insulations wished to create liquidity to diversify his wealth, reduce personal financial risk, and identify a capital partner to unlock certain growth opportunities. The owner also wished to provide ownership to key managers and begin developing a succession plan. KLH structured an investment that gave the owner partial liquidity for diversification, offered equity to key managers, and established a capital structure that removed personal guarantees and provided capacity for growth.

mike - September 2, 2020 - No Comments

Frankston Packaging

Sector

Niche Manufacturing

Industry

Specialty Packaging

Transaction Type

Majority Recapitalization

Status

Current Investment

Website

frankstonpackaging.com

Lead Partner

Business Description

Headquartered in Frankston, TX, Frankston Packaging is a full-service manufacturer of custom and stock packaging solutions. The company makes custom and stock folding cartons, flexible packaging (e.g., pouches, shrink sleeves, overwraps), pressure sensitive labels, and corrugated boxes, among other products. Company serves a variety of end markets, including concessions, foodservice, pharmaceuticals, medical/nutraceuticals, and general retail.

Transaction Overview

KLH recapitalized the business providing a partial liquidity event for the two owners and aligning management with experienced partners capable of providing the capital and expertise needed to grow the business.

mike - January 20, 2020 - No Comments

ElectriCom

Sector

Industrial Services

Industry

Telecommunications & Utility Services

Transaction Type

Minority Recapitalization

Status

Current Investment

Website

electricominc.com

Lead Partner

Business Description

ElectriCom is 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. The company serves national carriers, municipalities, local exchange carriers, and member-owned cooperatives, and is a trusted partner in the deployment of fiber-optic and other broadband connectivity solutions alongside power and gas mainline services.

Transaction Overview

Management of this privately held business wished to partner with a growth-oriented financial sponsor who could help achieve the company’s goals. KLH Capital structured a transaction to facilitate a partial liquidity event for the current shareholders while providing capital to support management’s growth initiatives.

mike - May 13, 2019 - No Comments

Shenandoah Industrial Solutions

Sector

Industrial Services

Industry

Infrastructure Services

Transaction Type

Management Buyout

Status

Current Investment

Website

shenandoahus.com

Lead Partner

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.

mike - April 2, 2019 - No Comments

Apogee Lighting

Sector

Niche Manufacturing

Industry

Industrial Products

Transaction Type

Majority Recapitalization

Status

Current Investment

Website

apogee-lighting.com

Lead Partner

Business Description

Based in Deer Park, NY, Apogee Lighting, through its two brands, manufactures specialty transit, industrial, and architectural LED lighting fixtures. The Apogee Translite brand serves the New York Metropolitan Transportation Authority and other transit systems across the country while LumiNEXT brand serves the architectural market. Today, both brands are known for high-quality, highly engineered LED lighting fixtures, and premium design, engineering, and implementation services.

Transaction Overview

The owners of this privately held business wished to begin planning for their retirement by partnering with a growth-oriented financial partner who could help achieve the company’s goals and create a successful succession plan for the business. KLH structured a transaction that gave the owners partial liquidity for diversification, key managers the opportunity to become owners in the business, and a capital structure to continue the successful track record of the company.