KLH Capital Partners, L.P. (“KLH”), a Tampa, FL-based private equity firm, is pleased to announce the final closing of KLH Capital Fund V, L.P. (“Fund V” or the “Fund”). The Fund was oversubscribed, hitting its hard cap of $400 million, reflecting strong demand for KLH’s strategy and attracting a diverse group of global investors, including endowments, foundations, family offices, fund of funds, insurance, and pension plans.
Jackson Infrastructure Services Completes Acquisition of Victory Equity Construction
West Jordan, UT – November 2022 – Jackson Infrastructure Services (“JIS” or the “Company”), a leading utility and infrastructure services provider to the telecommunications, power, gas, and other infrastructure markets across the Mountain West region of the U.S., announced that it has acquired Victory Equity Construction, Inc. (“VECI”) of Missoula, MT. VECI specializes in providing underground telecommunications infrastructure services for rural fiber optic cooperatives. The combined companies will exceed 215 team members, including 190 field personnel with four branches operating across the Mountain West. The acquisition of VECI provides expansion within a strategic growth market, further diversifies the Company’s customers, and adds considerable capacity…
KLH Capital Exits D&H United Fueling Solutions
Tampa, FL – September 2022 – KLH Capital (“KLH”), an industrials-focused lower-middle market private equity firm, is pleased to announce that it has successfully exited its investment in D&H United Fueling Solutions (“D&H United” or the “Company”) to Wind Point Partners. Based in Houston, TX, D&H United is a leading provider of petroleum fueling and electric vehicle charging system service, equipment, and installation in the Southwest United States. Since the Company partnered with KLH in February of 2020, the Company has grown from seven to 16 branch offices, expanded its employee base from 217 to more than 570 employees, tripled its…
KLH Capital Completes the Recapitalization of Thorpe Specialty Services
Tampa, FL – August 2022 – KLH Capital (“KLH”) is pleased to announce it has partnered with the management team of Thorpe Specialty Services (“Thorpe” or the “Company”) to complete a recapitalization of the business. Based in Houston, TX, and established over 65 years ago, Thorpe is a leading North American provider of critical industrial maintenance services focused on refractory, corrosion, and scaffolding & insulation 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…
D&H United Completes the Acquisition of Cochise Companies
Houston, TX - April 2022 – D&H United Fueling Solutions (“D&H United” or the “Company”), the leading provider of petroleum fueling and EV charging system service, equipment, and installation in the Southwest, announced that it has acquired Cochise Contractors, Services, and Petroleum Equipment of Phoenix, AZ. Cochise is a full-service turnkey petroleum industry supplier covering the entire state of Arizona. The combined companies will have approximately 570 team members, including 400 field technicians with 16 branches operating across the Sun Belt and Mountain West. The acquisition of Cochise further diversifies the Company’s customer base, provides expansion in a key strategic growth…
D&H United Completes the Acquisition of Kubat Equipment & Service Co.
Houston, TX – February 2022 – D&H United Fueling Solutions (“D&H United” or the “Company”), the leading provider of petroleum fueling and EV charging system equipment, installation, and service in the Southwest, announced that it has acquired Kubat Equipment and Service Co. (“Kubat”) of Denver, CO. Kubat is a full-service turnkey petroleum industry supplier covering the state of Colorado and parts of Wyoming, Utah, and Nebraska. The combined companies will have approximately 500 team members, including 350 field technicians with 15 branches operating across the Sun Belt and Mountain West. The acquisition of Kubat further diversifies the company’s customer base, provides…
D&H United Completes the Acquisition of Valley Tank Testing
Houston, TX – November 2021 – D&H United Fueling Solutions (“D&H United” or the “Company”), a leading supplier of fuel system equipment, installation, and services in the Southwest, announced that it has acquired Valley Tank Testing (“VTT”) of Houston, TX. The acquisition broadens D&H United’s compliance services offerings while providing VTT with additional repair and project services capabilities. Valley Tank Testing was founded in 2004 by PJ Kane and Brian Berkle, both of whom, have many years of environmental compliance experience. VTT has grown to provide a complete suite of Underground Storage Tank and Above Ground Tank system testing, compliance,…
KLH Capital Completes Management Buyout of The Warehouse Rentals & Supplies
Tampa, FL – November 2021 – KLH Capital (“KLH”) is pleased toannounce it has partnered with the management team of The Warehouse Rentals & Supplies (“TWRS” or the “Company”) to complete a recapitalization of the business. TWRS, based in Houston, 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,…
KLH Capital Has Been Named One of The Top 2021 Founder-Friendly Investors
KLH Capital is honored to receive the Inc. Magazine Founder-Friendly Investors award for 2021. The award recognizes the top 146 firms that entrepreneurs, management teams, and families have been able to partner with to solve liquidity and succession-planning needs as well as work collaboratively and respectfully to build great businesses. “Supporting an entrepreneur’s vision and driving growth is more than just a financial investment. It’s about building a relationship and supporting the founders beyond that initial year. These private equity firms treat the founders like partners,” says Scott Omelianuk, Editor-In-Chief of Inc. Media. KLH respects the legacies that entrepreneurs have…
Frankston Packaging Completes Acquisition of Custom Printed Products
Frankston, TX – October 2021 – Frankston Packaging (“Frankston” or the “Company”) is pleased to announce the acquisition of Custom Printed Products (“Custom”), a leading manufacturer of flexible packaging and specialty labels sold to food & ingredient, lubricant, and chemical customers in North America. The acquisition broadens Frankston’s product offering and adds new customers further diversifying revenues. Based in Bossier City, LA, co-founders Robert Waddell and Richard Nicholson established Custom as a leader in the printing, labeling, and packaging industry over its five-decade history by manufacturing flexible packaging, specialty in-mold and injection mold labels, food grade inserts, and pressure sensitive…
