port-marek

Sector

Industrial Services

Industry

Heavy Industrial Fabrication & Service

Transaction Type

Majority Recapitalization

Status

Current Investment

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.