Kinderhook Industries Acquires Intergulf Corporation

Intergulf Corporation (Kinderhook) Acquires Beaver Oil Co., LLC

March 7, 2019

Environmental Services

Intergulf Corporation, a portfolio company of Kinderhook Industries, has acquired Beaver Oil Co., LLC, adding a CWT plant and RCRA Part B TSDF in Hodgkins, IL and a co-products and waste oil processing/storage facility in Gary, IN. The transaction is Intergulf's second add-on and expands the platform's geographic coverage into the Chicago refining market while increasing wastewater processing and hazardous liquids capabilities.

Kinderhook Industries Acquires Tank and Pump from WillScot Mobile Mini

October 3, 2022

Environmental Services

Kinderhook Industries has acquired 100% of Gulf Tanks Holdings, Inc. (operating as Tank and Pump) from WillScot Mobile Mini for an enterprise value of approximately $323 million. Kinderhook will operate Tank and Pump as a new environmental solutions platform headquartered in Baytown, Texas, and plans to invest in fleet, new locations and follow-on add-on acquisitions to grow the business nationally.

Kinderhook Industries Acquires Adell Corporation

March 19, 2019

Manufacturing

Kinderhook Industries acquired Adell Corporation, a Sunnyvale, Texas-based manufacturer of protective door edge guards and other automotive OEM accessories. Kinderhook plans to use Adell as a platform for a buy-and-build strategy targeting OEM parts and aftermarket accessories, with J. Pearson joining as CEO and Michael Adell remaining as President.

Kinderhook Industries Recapitalizes EcoSouth Services

June 12, 2020

Environmental Services

Kinderhook Industries has recapitalized EcoSouth Services of Mobile, LLC in partnership with EcoSouth CEO Jeff Claunch. The investment will support EcoSouth's growth as a platform in the environmental services space, including investments in on-site capabilities and add-on acquisitions across the Gulf Coast.

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.

Covanta Acquires Circon Holdings from Kinderhook Industries

May 1, 2023

Environmental Services

Covanta has entered into a definitive agreement to acquire Circon Holdings, Inc., a Kinderhook Industries portfolio company, in a transaction that adds more than 600 employees and some 2,500 customers to Covanta's platform. The acquisition (subject to customary regulatory approvals) significantly expands Covanta's wastewater footprint, multiplies its engineered fuels business, and broadens its Gulf Coast and Midwest geographic presence.