SPATCO Energy Solutions (Kian-backed) Acquires Hobby Electric and UST Services Corporation
September 30, 2024
Kian Capital–backed SPATCO Energy Solutions completed add-on acquisitions of Hobby Electric (Benton, Arkansas) and UST Services Corporation (Owings, Maryland), expanding the platform's electrical, EV infrastructure, and environmental/tank services capabilities. The transactions deepen SPATCO's Midwest and Mid-Atlantic presence, add specialized electricians and environmental/compliance capabilities, and support the company's strategy of growing a full-suite fueling and EV services platform.
- Buyers
- SPATCO Energy Solutions, Kian Capital
- Targets
- Hobby Electric, UST Services Corporation
- Platforms
- SPATCO Energy Solutions
- Industry
- Environmental Services
- Location
- United States
- Transaction Type
- Addon
Explore More
Related Acquisitions
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SPATCO Energy Solutions Acquires K&K Electric
November 30, 2023
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SPATCO Energy Solutions, a Kian Capital–backed infrastructure services platform, has acquired K&K Electric, Inc., an electrical services provider focused on petroleum fueling and EV infrastructure based in Sanford, Florida. The add-on expands SPATCO's petroleum and EV capabilities and Florida footprint, adding roughly 70 electricians and strengthening service offerings across the Southeast United States.
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SPATCO Energy Solutions Acquires Stanton Electric
January 2, 2024
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SPATCO Energy Solutions, a Kian Capital‑backed infrastructure services platform, has acquired Stanton Electric, an Oakwood, Georgia-based commercial and industrial electrical contractor specializing in EV charging station installations, generators, switchgear, DDC and network cabling. The acquisition strengthens SPATCO's EV infrastructure capabilities across the Southeast, pushes SPATCO above 1,000 employees, and will see Stanton's founder Jerry Stanton join SPATCO's executive leadership team.
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SPATCO Energy Solutions Acquires MSCS Ltd.
June 13, 2023
Industrial Services
Kian Capital-backed SPATCO Energy Solutions completed the acquisition of MSCS Ltd., a Dallas-based petroleum services company, expanding SPATCO's footprint into Texas and adding operations in Dallas, Fort Worth, San Antonio and Houston. The transaction is an add-on to the SPATCO platform (its fifth acquisition since Kian's 2020 investment) and supports the platform's geographic expansion and service capability growth in petroleum and EV infrastructure services.
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SPATCO Energy Solutions Acquires Petro Supply
February 9, 2023
Energy
SPATCO Energy Solutions, a Kian Capital-backed platform, has acquired Petro Supply, a family-owned distributor of petroleum equipment based in the Mid-Atlantic, expanding SPATCO's footprint into Maryland, the District of Columbia, Pennsylvania, Delaware and New Jersey. The add-on strengthens SPATCO's distribution and full-service capabilities for fueling stations, convenience stores and petroleum handling facilities as the platform continues roll-up activity backed by Kian and co-investors.
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Kian-backed SPATCO Energy Solutions Acquires Excell Fueling Systems
September 3, 2025
Energy
Kian Capital-backed SPATCO Energy Solutions has acquired Excell Fueling Systems, a HUB-certified fueling system contractor based in Buda, Texas. The add-on expands SPATCO’s commercial fueling installation and maintenance capabilities in Texas and deepens the platform’s presence in a high-growth region.
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Kian Capital Majority Recapitalizes SPATCO; SPATCO Adds The Southern Co. (NLR) and Adams Tank & Lift
August 17, 2021
Energy
Kian Capital Partners completed a majority recapitalization of SPATCO Energy Solutions in September 2020 with co-investors RF Investment Partners and PA Capital, supporting SPATCO's buy-and-build strategy. SPATCO then closed two add-on acquisitions: The Southern Company of North Little Rock (Dec 2020) and Adams Tank & Lift (July 2021), expanding its fueling equipment, installation, maintenance and environmental compliance footprint across the Southeast.
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