Commercial Energy Specialists Holdings Acquires Knorr Systems, Inc.
May 9, 2022
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.
- Buyers
- Commercial Energy Specialists Holdings LLC, Turning Basin Capital Partners, LLC, Vigeo Investments, LLC, LNC Partners
- Targets
- Knorr Systems, Inc.
- Platforms
- Commercial Energy Specialists Holdings LLC
- Industry
- Environmental Services
- Location
- California, United States
- Transaction Type
- Addon
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