Watterson (Highview Capital-backed) Acquires Armstrong's Restoration

Highview Capital Acquires Watterson

January 4, 2022

Environmental Services

Highview Capital, LLC has acquired Watterson, a national facilities management and environmental services provider headquartered in Schaumburg, Illinois, with founder Billy Watterson and President Steve Peldiak retaining significant minority stakes. Stellus Capital Management provided unitranche financing and an equity co-investment to support the transaction. Highview says it will invest to scale Watterson's national coverage, expand service capabilities, and pursue strategic acquisitions.

Watterson (Highview Capital-backed) Acquires Bassett Creek Services

June 27, 2022

Environmental Services

Watterson, a Highview Capital-backed national facility services platform, has acquired Bassett Creek Services, a Chicago-based restoration and renovation provider comprising five brands. The deal expands Watterson's restoration, renovation and recovery capabilities and geographic scale while providing continuity for Bassett Creek's leadership and customers; Gladstone Investment Corporation exited its investment as part of the transaction.

HighGround Restoration Group Acquires Expert Water Removal

February 7, 2023

Environmental Services

HighGround Restoration Group, a platform company backed by Trivest Partners, has acquired Expert Water Removal, a property damage restoration firm headquartered in Bradenton, Florida. Expert Water Removal will retain its brand and leadership while accessing HighGround's capital and operational resources to expand services across West Florida.

Revolent Capital Solutions Recapitalizes Armstrong Building Maintenance

March 18, 2020

Industrial Services

Tampa-based strategic acquirer Revolent Capital Solutions has recapitalized Armstrong Building Maintenance, a family-owned commercial janitorial and building maintenance company headquartered in Honolulu, Hawaii. Tom Tokars will remain active in leadership while Revolent provides capital and operating support to grow the business and expand capabilities amid heightened demand for enhanced cleaning and disinfection services.

BMS CAT Acquires Guardian Restoration

September 9, 2021

Construction

BMS CAT (Blackmon Mooring & BMS CAT) has acquired Guardian Restoration, a St. Petersburg, Florida-based provider of home and commercial restoration, reconstruction and repair services. The business will be bolted on to BMS CAT's Tampa team to expand service coverage and strengthen BMS CAT's footprint in West Central Florida.

Boyd Watterson and Amber Infrastructure Combine to Form Global Alternatives Platform

May 30, 2024

Financial Services

Boyd Watterson Asset Management and Amber Infrastructure Group have combined under a common parent (Boyd Watterson LLC) to create a global alternatives investment platform with approximately $35.7 billion in AUM and over 300 investment professionals. The strategic combination expands geographic reach and product capabilities across real estate, infrastructure and fixed income, and was facilitated by investor Hunt Companies.