Kinderhook Industries Recapitalizes Mersino (and Global Pump)

Crestline Credit Facility Funding for Kinderhook Merger of Ironclad Environmental Solutions and Mersino Water Solutions

April 21, 2026

Infrastructure

Crestline announced the close of an upsized $74.0 million position in its credit facility to Ironclad Environmental Solutions to finance the merger of Ironclad and Mersino Water Solutions. The combination creates IRONCLAD Powered by Mersino, a national water management and specialty liquid containment infrastructure platform, with both businesses previously held by Kinderhook Industries.

Kinderhook Recapitalizes Jack Doheny Companies (JDC)

January 7, 2025

Industrial Services

Kinderhook Industries has partnered with management to recapitalize Jack Doheny Companies (JDC), a Northville, Michigan-based lessor and distributor of specialty equipment serving environmental, industrial and utility markets. The deal will support fleet investment, service expansion and geographic growth across JDC’s 16 branches and over 1,300-piece rental fleet; financial terms were not disclosed.

Kinderhook Recapitalizes Compactor Rentals of America

February 2, 2024

Environmental Services

Kinderhook Industries has recapitalized Compactor Rentals of America (CRA), acquiring the company from management and investor Bestige Holdings. The investment will provide capital and operational support to scale CRA’s nationwide compactor and baler rental platform, pursue acquisitions, and expand penetration in end markets such as multifamily real estate, manufacturing, and retail.

Kinderhook Recapitalizes Coleman Powersports

October 13, 2021

Consumer Products

Kinderhook Industries completed a recapitalization of Coleman Powersports in partnership with the company's management team. The transaction will support Coleman's growth and distribution expansion while founder and CEO Rich Godfrey remains in place; financing was provided by Twin Brook Capital Partners.

Kinderhook Industries Recapitalizes Live Oak Environmental

July 19, 2021

Environmental Services

Kinderhook Industries partnered with management to recapitalize Live Oak Environmental, a regional solid waste collection and special waste hauling business based in Bossier City, Louisiana. The recapitalization will support an aggressive growth plan — including targeted add-on acquisitions across Northwestern Louisiana and East Texas — with financing provided by Comerica Bank; financial terms were not disclosed.

Kinderhook Recapitalizes Buffalo Group to Form Automotive Keys Group

January 13, 2021

Automotive

Kinderhook Industries recapitalized Buffalo Group, partnering with management to form Automotive Keys Group (AKG), a platform for consolidation in the automotive keys aftermarket. Kinderhook added experienced industry operators to AKG's board and secured debt financing from Ares and Regions Bank; financial terms were not disclosed.