Sector
Specialty Services
Industry
Heavy Industrial Fabrication & Service
Transaction Type
Majority Recapitalization
Status
Current Investment
Website
Lead Partner
Business Description
Headquartered in Houston, TX, Marek Sawing & Drilling ("Marek") is a leading field services provider of specialty concrete cutting & sawing, ground penetrating radar, and select concrete placement services to the commercial, healthcare, industrial, transportation, and highway & civil end markets.
With over 100 skilled technicians, a top tier safety record, and a robust portfolio of MSAs, the company differentiates itself by executing technical concrete cutting jobs focused on maintaining critical assets and infrastructure housed sub-surface or behind concrete slabs.
Transaction Overview
KLH partnered with Marek's management team to recapitalize the business and support its vision of accelerating growth and continuing to expand its service offerings throughout the United States. KLH structured an investment that provided liquidity for the existing shareholders, offered equity to key executives, and established a capital structure that provided capacity for continued growth.
