Majority Recapitalization Archives

Business Description

N.H. Yates & Company, Inc. is a value-added distributor and manufacturers’ representative of HVAC, plumbing, and hydronic products for commercial, industrial, and residential applications. Founded in 1949, the company offers products from leading manufacturers, including Taco, A.O. Smith, Conex, and Aquatherm. Yates serves wholesalers, contractors, and end users, working closely with engineers on product selection and specification. Through its Hydronic Modules business, the company also designs and assembles custom hydronic systems. Its core territory spans the Mid-Atlantic, the Carolinas, and Florida, with national reach through distribution partnerships for select product lines. The company is headquartered in Hunt Valley, Maryland, with additional distribution facilities in Pottstown, Pennsylvania, and Kernersville, North Carolina.

Transaction Overview

KLH partnered with N.H. Yates’ management team in a majority recapitalization that provided liquidity to existing shareholders, equity participation for key management team members, and capital to support continued growth. The partnership supports the expansion of the company’s product offerings and geographic reach, as well as strategic acquisitions.

mike - October 9, 2026 - No Comments

Concrete Protection & Restoration

Sector

Specialty Services

Industry

Structural Concrete Restoration

Transaction Type

Majority Recapitalization

Status

Current Investment

Website

concretecpr.com

Lead Partner

Business Description

Headquartered in Baltimore, MD, Concrete Protection & Restoration (“CPR”) is a leading provider of critical concrete restoration and rehabilitation services, offering technical repair, maintenance, and protection solutions to ensure the structural integrity of high-rise (3+ stories) condominium & multi-family, commercial, hospitality, medical, education, and other building and structure types within related end markets.

CPR maintains a comprehensive set of technical structural services, including post-tension tendon repairs, structural strengthening & stabilization, protective coatings, waterproofing, shot blasting, hydro-demolition, and epoxy injection. CPR benefits from the critical nature of structural repairs, which are essential for ensuring tenant and resident safety, maintaining insurance & financing, and meeting increasingly regulatory-driven requirements.

Transaction Overview

KLH partnered with CPR’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.

mareksawinganddrilling.com

mike - December 19, 2024 - No Comments

Marek Sawing and Drilling

Sector

Specialty Services

Industry

Heavy Industrial Fabrication & Service

Transaction Type

Majority Recapitalization

Status

Current Investment

Website

Lead Partner

Business Description

Headquartered in Spring, 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 270 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.

mike - August 27, 2023 - No Comments

Precision Impacts

Sector

Niche Manufacturing

Industry

Tanks & Cylinders

Transaction Type

Majority Recapitalization

Status

Current Investment

Website

precisionimpacts.com

Lead Partner

Business Description

Precision Impacts is a full-service manufacturer of extruded specialty aluminum and composite wrapped cylinders, tanks, and other components. The Company services niche end markets within the consumer, defense, industrial, medical, and sporting goods industries.

Transaction Overview

KLH recapitalized the business providing a partial liquidity event for the owners and aligning management with experienced partners capable of providing the capital and expertise needed to grow the business.

mike - October 12, 2021 - No Comments

Jackson Infrastructure Services

Sector

Specialty Services

Industry

Utilities and Infrastructure

Transaction Type

Majority Recapitalization

Status

Current Investment

Website

jacksonis.com

Lead Partner

Business Description

Headquartered in West Jordan, UT, a suburb of Salt Lake City, Jackson Infrastructure Services ("JIS") is a leading utility and infrastructure service provider to the telecommunications, power, gas, milling, and other infrastructure markets across the West and Southwest regions of the U.S. JIS was formed when KLH partnered with the owner of B. Jackson Construction and Engineering to recapitalize the business and certain affiliates. Since its founding in 1997, the company has cultivated relationships with top-tier telecom and utilities customers based on its award-winning excellence in project execution, outstanding safety record, and quality of work.

Transaction Overview

The owner of the company wished to create liquidity to diversify his wealth and identify a capital partner to support clear growth opportunities. KLH structured an investment that gave the owner partial liquidity for diversification and established a capital structure that provided capacity for growth.

mike - December 9, 2020 - No Comments

I&I Soft Craft Solutions

Sector

Specialty Services

Industry

Industrial Plants

Transaction Type

Majority Recapitalization

Status

Current Investment

Website

ii-us.com

Lead Partner

Business Description

Headquartered in New Orleans, LA, with branches across the Gulf Coast, I&I Soft Craft Solutions is a leading industrial services provider with expertise in insulation, fireproofing, heat tracing, painting and coating, refractory, scaffolding, and abatement services for customers in the LNG, refining, chemical, gas processing, power, pulp and paper, general industrial, and marine industries, often working alongside the largest and most reputable industrial general contractors in the U.S. and abroad. Since its founding in 1970, Insulations has cultivated top-tier industry relationships with leading project owners and general contractors based on its thought leadership, project execution excellence, unrivaled safety record, and quality work product.

Transaction Overview

The owner of Insulations wished to create liquidity to diversify his wealth, reduce personal financial risk, and identify a capital partner to unlock certain growth opportunities. The owner also wished to provide ownership to key managers and begin developing a succession plan. KLH structured an investment that gave the owner partial liquidity for diversification, offered equity to key managers, and established a capital structure that removed personal guarantees and provided capacity for growth.

mike - September 2, 2020 - No Comments

Frankston Packaging

Sector

Niche Manufacturing

Industry

Specialty Packaging

Transaction Type

Majority Recapitalization

Status

Prior Investment

Website

frankstonpackaging.com

Lead Partner

Business Description

Headquartered in Frankston, TX, Frankston Packaging is a full-service manufacturer of custom and stock packaging solutions. The company makes custom and stock folding cartons, flexible packaging (e.g., pouches, shrink sleeves, overwraps), pressure sensitive labels, and corrugated boxes, among other products. Company serves a variety of end markets, including concessions, foodservice, pharmaceuticals, medical/nutraceuticals, and general retail.

Transaction Overview

KLH recapitalized the business providing a partial liquidity event for the two owners and aligning management with experienced partners capable of providing the capital and expertise needed to grow the business.

mike - January 20, 2020 - No Comments

Apogee Lighting

Sector

Niche Manufacturing

Industry

Industrial Products

Transaction Type

Majority Recapitalization

Status

Current Investment

Website

apogee-lighting.com

Lead Partner

Business Description

Based in Deer Park, NY, Apogee Lighting, through its two brands, manufactures specialty transit, industrial, and architectural LED lighting fixtures. The Apogee Translite brand serves the New York Metropolitan Transportation Authority and other transit systems across the country while the LumiNEXT brand serves the architectural market. Today, both brands are known for high-quality, highly engineered LED lighting fixtures, and premium design, engineering, and implementation services.

Transaction Overview

The owners of this privately held business wished to begin planning for their retirement by partnering with a growth-oriented financial partner who could help achieve the company’s goals and create a successful succession plan for the business. KLH structured a transaction that gave the owners partial liquidity for diversification, key managers the opportunity to become owners in the business, and a capital structure to continue the successful track record of the company.

mike - February 6, 2018 - No Comments

Premiere Precision Components

Sector

Value-Added Distribution

Industry

Rubber Seals, Gaskets & O-Rings

Transaction Type

Majority Recapitalization

Status

Prior Investment

Website

premiere-components.com

Business Description

Based in Holiday, FL, Premiere Precision Components is a leading, value-added supplier of high-volume, custom manufactured molded rubber, plastic, and metal components such as seals, O-rings, gaskets, boots, assemblies, and bonded parts sold to a variety of end markets, including the communications, HVAC, pool & spa, and lawncare industries. Premiere Precision Components differentiates itself from its competition by providing value-added service at each step in the procurement process, simplifying the complex logistics of sourcing parts so that customers can focus on their core businesses.

Transaction Overview

The founders of this privately held business partnered with KLH in a recapitalization to facilitate a partial liquidity event for the shareholders, while providing the company with a value-added partner and a capital structure designed to support management’s future growth plans.

mike - June 27, 2017 - No Comments

BMI Merchandise

Sector

Value-Added Distribution

Industry

Prize Merchandize for FEC Industry

Transaction Type

Majority Recapitalization

Status

Current Investment

Website

bmimerchandise.com

Lead Partner

Business Description

Based in Lakewood, New Jersey, BMI Merchandise is a leading distributor of merchandise used in redemption centers, direct-pay games, tickets or points-to-prizes games, and prize hubs located in family entertainment centers (“FEC”), amusement arcades, bowling centers, restaurants, cruise ships, movie theaters, theme parks, skating centers and sports complexes. BMI Merchandise’s proprietary information technology infrastructure allows customers to monitor and manage store inventory, automate merchandise restocking, and collect data required for ongoing merchandising decisions.

Transaction Overview