play-button

Sector

Industrial Services & Value-Added Distribution

Industry

Retail Fueling Industry

Transaction Type

Management Buyout

Status

Current Investment

Lead Partner

Business Description

Based in Houston, Texas, D&H United Fueling Solutions is leading, turnkey service provider and distributor to the retail fueling industry primarily serving the South and Southwest markets. With more than 270 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 agencies.

Transaction Overview

KLH partnered with the management team of D&H United Fueling Solutions to recapitalize the business. The transaction provided partial liquidity to key managers and full liquidity to Third Century, an independent sponsor that facilitated the acquisition of D&H United Fueling Solutions by the management team in 2015.