Specialty Services


Heavy Industrial Fabrication & Service

Transaction Type

Management Buyout


Current Investment

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.