KLH Capital Recapitalizes The Warehouse Rentals & Supplies

KLH Capital Recapitalizes Thorpe Specialty Services

August 31, 2022

Industrial Services

KLH Capital has completed a recapitalization of Thorpe Specialty Services, partnering with Thorpe management while prior sponsor The Capstreet Group sold its stake. Thorpe, a Houston-based provider of refractory, corrosion, scaffolding and insulation maintenance and engineering services with ~1,250 employees, will use the partnership to accelerate growth and scale across petrochemical, power, mining and other industrial end markets.

KLH Capital Recapitalizes Shenandoah Industrial Solutions

February 1, 2019

Industrial Services

KLH Capital partnered with the management team of Shenandoah Industrial Solutions to complete a recapitalization of the Florida-based provider of storm drainage inspection, cleaning and CIPP (cured-in-place pipe) rehabilitation. The transaction was financed with support from Plexus Capital Partners and Valley National Bank, and certain members of Shenandoah's management rolled equity and remain shareholders to support the company’s growth and expansion.

KLH Capital Recapitalizes Insulations, Inc.

August 1, 2020

Industrial Services

KLH Capital has completed a recapitalization of Insulations, Inc., partnering with founder and CEO David Branton and the company’s management team. Headquartered in New Orleans with 1,100+ employees and branches across the Gulf Coast, Insulations is an industrial contractor providing insulation, fireproofing, heat tracing, painting/coating, refractory, scaffolding and abatement services to LNG, refining, chemical, power and other industrial customers.

Tecum Capital-Led Investor Group Recapitalizes Automotive Systems Warehouse (ASW)

February 7, 2022

Logistics & Distribution

A consortium led by Pittsburgh-based private equity firm Tecum Capital, alongside Siguler Guff, Centerfield Capital Partners and UMB Family Wealth, has completed an eight-figure recapitalization of Automotive Systems Warehouse, LLC (ASW). The deal, which included equity and subordinated debt and involved ASW management as co-investors, funds growth initiatives and addresses founder succession while keeping the existing leadership team in place.

KLH Capital Recapitalizes Undisclosed Precision Tank & Cylinder Manufacturer

September 8, 2021

Manufacturing

KLH Capital completed a recapitalization of a Midwest-based precision tank and cylinder manufacturer in September 2021. Generational Equity advised the seller; the investment will provide growth capital and support succession planning while the company continues to serve top-tier OEM customers across consumer, defense and industrial end markets.

KLH Capital Recapitalizes ElectriCom

April 1, 2019

Telecommunications

KLH Capital has partnered with the management team of ElectriCom, LLC to complete a recapitalization of the business. ElectriCom, founded in 1960, is a utility construction contractor providing aerial, underground, wireless and right-of-way installation and maintenance services to telecommunications and utility customers across the U.S.; KLH said it will support the company's continued growth and geographic expansion.