Turning Basin Capital and Vigeo Investments Invest in Commercial Energy Specialists

LNC Partners Invests in Commercial Energy Specialists

December 14, 2021

Industrial Services

LNC Partners provided senior debt and equity to Commercial Energy Specialists (CES), a Jupiter, Florida-based, tech-enabled, service-supported distributor of water treatment equipment and supplies backed by Turning Basin Capital and Vigeo Investments. The capital package is intended to support CES’s acquisitive growth strategy and enable add-on acquisitions by the platform.

Commercial Energy Specialists Holdings Acquires Duffield Aquatics, Inc.

December 16, 2021

Environmental Services

Commercial Energy Specialists Holdings LLC (CES Holdings), a platform backed by Turning Basin Capital Partners and Vigeo Investments, acquired Duffield Aquatics, Inc., a full-service provider of water treatment programs for commercial and institutional pools based in Anderson, South Carolina. The add-on expands CES Holdings' geographic footprint and strengthens its market position across the Southeastern United States; terms were not disclosed and the deal closed January 14, 2022.

Aquafinity (Turning Basin-backed) Acquires Aquatic Environmental Systems

September 28, 2023

Environmental Services

Commercial Energy Specialists Holdings LLC (dba Aquafinity), a Turning Basin Capital and Vigeo Investments-backed platform, has acquired Aquatic Environmental Systems, Inc. (AES), a Tempe, Arizona-based provider of full-service water treatment solutions for commercial and institutional swimming pools in Arizona, New Mexico and west Texas. The add-on deal, which closed June 30, 2023, expands Aquafinity’s geographic presence in the Southwest; terms were not disclosed.

Turning Basin Capital and Vigeo Invest in National Glazing Solutions

December 22, 2021

Building Products

Turning Basin Capital and co-investor Vigeo Investments provided growth equity to National Glazing Solutions (NGS) to fund national expansion and acquisitions. NGS, a Canton, Georgia-based dealer-installer of window film, Riot Glass, printed graphics and signage, will keep its founders James Beale and Patrick Coyle in operating roles while using the capital to scale operations.

Commercial Energy Specialists Holdings Acquires Knorr Systems, Inc.

May 9, 2022

Environmental Services

Commercial Energy Specialists Holdings LLC (CES Holdings), a platform formed by Turning Basin Capital Partners and Vigeo Investments with CEO Alvaro Mendoza, acquired Knorr Systems, Inc. (KSI), a Santa Ana, California-based provider of service-supported distribution and water quality control equipment for commercial and institutional pools. LNC Partners provided financing (senior subordinated term loan and equity co-investment); KSI's management, led by President Rich Robert, will remain to support geographic expansion and integration into CES's Q5 Water Quality Management program.

Verdantas Acquires Crawford Environmental Services (CES)

December 8, 2025

Environmental Services

Verdantas, a Sterling Investment Partners-backed environmental and engineering consulting platform, has acquired Crawford Environmental Services (CES), a Roanoke, Virginia-based firm specializing in site assessment, remediation, emergency response, and compliance services. The add-on expands Verdantas' technical capabilities and geographic footprint—enhancing support for federal, industrial, and commercial clients across 18 states.